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According to the Vietnam News Agency, the Vietnamese government plans to increase the installed wind power capacity target to 800 MW by the end of 2020, 2,000 MW by 2025 and 6,000 MW by 2030
.
By the end of 2018, the cumulative installed capacity of wind turbines in Vietnam was only 228 MW.
At a wind power seminar in Hanoi, Vietnam's capital, this week, foreign investors said that if it has a stable long-term legal framework, Vietnam will have huge wind power development potential and become an attractive investment destination
.
Not only that, but the whole of Southeast Asia, including Vietnam, will have great potential, as wind speeds here average 6.
5-7.
5 meters per second, and wind turbine towers with a height of 120 meters can operate
in such situations.
At present, Vietnam's feed-in tariff scheme FiT has become attractive, and the Vietnamese government has also provided other incentives, including exemption from equipment import duties and corporate income tax
.
The country's largest power producer and distributor, Vietnam Electric Power Group (EVN), said hydropower and coal-fired power were leading
the way in generating power.
To meet the growing demand for electricity, Vietnam needs to increase its total capacity from 47,900 MW at the end of September 2018 to 60,000 MW in 2020, 96,500 MW by 2025 and 129,500 MW
by 2030.
According to the Vietnam News Agency, the Vietnamese government plans to increase the installed wind power capacity target to 800 MW by the end of 2020, 2,000 MW by 2025 and 6,000 MW by 2030
.
By the end of 2018, the cumulative installed capacity of wind turbines in Vietnam was only 228 MW.
At a wind power seminar in Hanoi, Vietnam's capital, this week, foreign investors said that if it has a stable long-term legal framework, Vietnam will have huge wind power development potential and become an attractive investment destination
.
Not only that, but the whole of Southeast Asia, including Vietnam, will have great potential, as wind speeds here average 6.
5-7.
5 meters per second, and wind turbine towers with a height of 120 meters can operate
in such situations.
At present, Vietnam's feed-in tariff scheme FiT has become attractive, and the Vietnamese government has also provided other incentives, including exemption from equipment import duties and corporate income tax
.
The country's largest power producer and distributor, Vietnam Electric Power Group (EVN), said hydropower and coal-fired power were leading
the way in generating power.
To meet the growing demand for electricity, Vietnam needs to increase its total capacity from 47,900 MW at the end of September 2018 to 60,000 MW in 2020, 96,500 MW by 2025 and 129,500 MW
by 2030.
