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Update news wind power development
Vietnam’s renewable energy sector faces uncertainty as wind producers warn of financial collapse.
The 600MW Truong Son Wind Power Complex went online just 15 months after construction began, marking a new milestone in Vietnam-Laos energy ties.
Dong Tam Group of Vietnam and CS Wind Group of the Republic of Korea (RoK) on September 10 signed a cooperation agreement on land leasing for a large-scale wind power equipment factory in Long An with a total investment capital of 200 million USD.
The share of wind power is targeted to increase significantly, from 5 per cent in 2022 to 19 per cent by 2030 and 29 per cent by 2050.
VietNamNet Bridge – Despite of owning a great potential of wind power development, Vietnam has faced with many difficulties to exploit the renewable energy.