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The Booming Renewable Energy Sector

September 20, 2019 by Vietnam Weekly


In an amazing bit of news, the share of renewable energy in Vietnam's total energy capacity has already passed the goal set for 2020. The government had aimed for a 7% renewable share by next year, yet it has already hit 9%

Earlier this month, Southeast Asia's largest solar farm opened in Tay Ninh Province, and Dong Nai Province has proposed eight huge solar projects on a lake there.

This Reuters long-ish read from May is a good breakdown of the role of renewable energy here, and it's important to keep in mind that the government still expects to face major power shortages by the early 2020s amid fast-growing demand. 

In order to shore up supply, Vietnam will import liquefied natural gas from Louisiana, as China continues to hamper production in waters off the coast here. 

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