Vietnam urges direct purchase for more types of electricity
The Government’s stance is to encourage all forms of renewable energy, not just wind and solar.
The Government’s stance is to encourage all forms of renewable energy, not just wind and solar.
According to the plan, renewable energy sources will account for a significant share of the energy mix, ranging from 67.5% to 71.5% by 2050.
With Vietnam’s strong commitment at the COP26 last November to reach net-zero by 2050, the development and investment in renewable energy projects are of strategic national importance.
USAID-supported project in 2015-2021 helps mobilize private investments for renewable energy and improve compliance with industrial energy efficiency.