Lotte Legend Hotel Saigon
Local & International Power Companies, Municipalities & Regulators, IPPs, Renewable Energy (Solar, Wind, Geothermal, Hydro, Waste-to-Energy) Project Developers, EPC, Equipment & Technologies Providers, Delivery & Transmission Related Companies, Financial Institutions, Investors & Project Financiers, Energy / Power / Legal Consultants
Increasing Solar & Wind Power Capacity in Vietnam!
"AC Energy to start Vietnam wind projects in 2020"
April 30, 2019
"Ninh Thuận builds more solar, wind projects"
May 27, 2019
"JinkoSolar delivers 258 MW for PV-wind project in Vietnam"
June 17, 2019
"Enterprize Energy gets greenlight for $12-billion offshore wind farm"
Jun 18, 2019
"Thai industrial group powers up 2 huge Vietnam solar farms"
July 5, 2019
"We see huge opportunities in Vietnam, considering the country's high GDP growth forecast above 6.5% and very strong growth, which is likely to continue in the following years,"
Preeyanart Soontornwata, President & CEO, B. Grimm Power
“We have high-graded an area which we refer to as the Ke Ga Offshore Wind Development Zone, offshore southern Vietnam, where we believe our collaborative approach has the potential to deliver utility-scale offshore wind energy development within the government’s price expectations.”
Ian Hatton, Chairman & Founder, Enterprize Energy
Investors are eyeing to spend up to $150b in Vietnam’s power sector over the coming decade. With high GDP growth forecast and optimistic investment outlook, Vietnam is offering huge opportunities in its power sector as electricity demand is projected to surge to almost 130GW by 2030.
Rapid rise in pollution has triggered local resistance to some planned coal power projects, thus the Ministry of Industry and Trade (MoIT) introduced the Feed-in Tariff (FiT) incentives to boost renewables as power source.
Solar power has attracted strong interest due to relatively high FiTs. According to Vietnam Electricity (EVN), around 50 solar power plants came on stream by end May, with a total designed capacity of about 2,481MW. There are also around 4,000 rooftop solar panel systems installed, with total capacity about 45MW. Global Wind Energy Council (GWEC) is also optimistic that Vietnam has the highest potentials in the region for both onshore and offshore wind, with 1GW expected to be installed by 2021. The country’s 3,000km coastline has some of the best resources for both onshore and offshore wind.
While Vietnam's s energy grid provides 99% coverage, rapid development of renewable power projects post rippled effect and challenge on the grid capacity and transmission efficiency.
With funding support from Asian Development Bank (ADB), infrastructure investment organizations and ECAs, Vietnam is accelerating forward with growing solar and wind generation capacity. What are the sentiments of the financing markets for Vietnam's renewables, how do the international and local banks approach towards this sector? Are green bonds the answer for Vietnam's growing electricity infrastructure needs?
Find your answers at CMT's 2nd Vietnam Renewables, 17 – 18 October 2019, Ho Chi Minh City. Sign-up today with your team at www.cmtevents.com, and enjoy attractive early bird group discount. Contact firstname.lastname@example.org for more information.
Key Highlights :
|Be a Sponsor or Exhibitor!|
This event is an excellent platform to promote your organization to influential players and investors in the industry. Sponsorship opportunities available include Corporate, Exclusive luncheon & Cocktail sponsor.