Vietnam approves 7 GW of new wind projects
(Eco Business, 29 Jun 2020) Vietnam has given the green light to almost a hundred new wind energy installations, indicating the nation keeps powering ahead with renewables amid fears of looming power shortages as its industry and population boom.
The Vietnamese government on Thursday (25 June) formally approved 7 gigawatts (GW) worth of new wind projects to be built in the country, putting it on track for a total wind power generation capacity of nearly 12 GW by 2025, according to a source close to the government.
The go-ahead was given in a letter addressed to the nation’s Ministry Industry and Trade (MOIT) and encompasses a total of 91 onshore and offshore wind projects, with most installations to be sited in the central and southern regions of the country, said the source.
The move comes as fears mount Vietnam could face severe power shortages from 2023 as its industry and increasingly energy-hungry population burgeon. By 2030, the country is expected to require about 130 GW of electricity by 2030, more than double the 54 GW currently.