From boom to balance in Vietnam''s clean energy
By 2023, Vietnam had become Southeast Asia''s largest solar power producer, proving that the energy transition could occur rapidly.
If the growth in northern Vietnam depends on wind power, the growth in southern Vietnam mainly depends on photovoltaics. Vietnam has great potential for solar energy development, especially in the central and southern regions. The average annual sunshine hours in the central and southern regions are 2,000 to 2,600 hours/year.
As Vietnam continues its rapid economic development, the demand for sustainable and reliable energy sources has never been more critical. Solar power has emerged as a key component of Vietnam's strategy to diversify its energy portfolio and reduce its carbon footprint.
The project is located in Binh Dinh Province of Vietnam and covers an area of nearly 306 hectares. It has a capacity of 330 MW and it is the largest solar power plant in Binh Dinh Province and among the top five in Vietnam. Upon completion, it is expected to provide more than 500 million kWh of clean electricity every year.
Contrastingly, solar and wind power's lower capital requirements and faster development timelines are well-suited to meeting Vietnam's near-term energy needs. These projects can be implemented within months and with high certainty, unlike gas projects, which typically take four to five years to complete once financed.
PDF version includes complete article with source references.
Get technical specifications, application guides, and ROI analysis tools for containerized microgrid solutions, mobile energy storage containers, and portable power systems.
15 Industrialna Street, Włochy District
Warsaw, Poland 02-492
Sales & General: +48 22 824 4067
Technical Support: +48 607 809 270
Monday - Friday: 8:00 AM - 6:00 PM CET
Saturday: 8:00 AM - 2:00 PM CET