Vietnam’s clean energy transition slowed by inadequate regulation and grid despite solar boom
Sharon See
WHILE Vietnam has made striking progress in the last five years to jumpstart its solar energy generation capacity to the point that it is now the leader in Asean, watchers said the country’s transition to a clean energy future is hindered by underdeveloped regulations and grid inadequacy.
Vietnam catapulted to pole position in South-east Asia in 2019 with solar capacity reaching 4,750 megawatts (MW), from just 86 MW in the previous year, according to data compiled by researchers Thang Nam Do and Paul Burke.
Thailand, which up until then had the largest capacity for solar power generation in the region, stood at 2,987 MW the same year.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
COEs for large cars up 4.3% at S$126,236, mainstream cars near S$125,000
‘We’re not a bubble tea brand’: Chagee aims to double Asia-Pacific footprint to 600 stores by 2027
