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Vietnam Energy Forum
current status of offshore wind power and development direction in vietnam

Current Status of Offshore Wind Power and Development Direction in Vietnam

Offshore wind power - a new generation of green energy – has a history of development over the past 30 years in Denmark, the United Kingdom, Germany, China, and the United States. After the Cop 26 Summit Conference in 2020 (in the UK), the Global Offshore Wind Alliance (GOWA) has been formed. The offshore wind power development is rapidly increasing in the world, currently standing at 57 GW and impossibly reaching 500 GW by 2040 and 1,000 GW by 2050. Vietnam has an economic and technical potential for offshore wind power which is over 600 GW and attracts many investors. To develop sustainably of the offshore wind power industry, it is essential to executive on research and establish a legal framework to promote offshore wind power development (laws, national offshore wind power strategies, and related policy documents, etc).
moit starts to inspect solar power development according to the prime ministers direction

MOIT starts to inspect solar power development according to the Prime Minister’s Direction

As well known, by the end of 2020, in Vietnam, there were put into operation power generation projects with a total installed capacity of 69,300 MW, of which the renewable energy capacity was 21,000 MW including 3,600 MW small hydro,  300 MW biomass power, more than 600 MW wind power, 16,500 MW solar power (7,900 MW ground projects and 8,600 MW rooftop ones) accounted for 30.6% of the total capacity of the whole national system, in particular, the solar power (ground and rooftop projects) reached 23.9%.