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Economic News

Last updated: Friday, October 20, 2017

 

Starting Potential Renewable Energy in Vietnam

Posted: Friday, September 22, 2017

The World Bank (WB) and the Electricity of Vietnam (EVN) recently launched a campaign to promote the deployment of renewable energy in the country, with the installation of five solar measurement stations across the country.

The stations will collect high-quality data on solar radiation data and improve the accuracy of estimates on solar resources. To be published and made freely available online, the data is expected to encourage and assist developers interested in building solar power plants.

The World Bank’s support for solar measurements and mapping is part of a project - supported by the Energy Sector Management Assistance Programme (ESMAP) - that is also assessing and mapping the potential of biomass, small hydropower, and wind energy. The measurement stations being unveiled in Song Binh, Bac Binh district, Binh Thuan province is part of a comprehensive suite of the World Bank support for renewable energy that also includes advisory assistance to large solar power projects seeking to obtain commercial financing.

L.A








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