10:26 | 29/07/2019 Industry
Renewable energy is expected to generate 6.5% of the country’s total electricity in 2020 and 10.7% in 2030, Vietnam also aims to save 10% of energy of the total power consumption in 2020.
|Director of the EREA Phuong Hoang Kim speaks at the workshop - Source: congthuong|
The information was released by the Electricity and Renewable Energy Authority (EREA) of the Ministry of Industry and Trade at a workshop held in Ho Chi Minh City on July 25 to launch a programme to boost the development of rooftop solar power in Vietnam.
According to Director of the EREA Phuong Hoang Kim, the Vietnamese Government has been more aware of the role of solar energy and energy saving in maintaining economic growth, ensuring energy security, and protecting public health and environment.
The Vietnam Low Emission Energy Program (V-LEEP), funded by the US Agency for International Development (USAID), is designed to attract investment from the private sector to invest in clean energy.
|Michael Greene, Director of the USAID|
According to Michael Greene, Director of the USAID, through this program, the US agency will support the Vietnamese Government to harmonise national strategies, laws, policies and regulations to encourage the development of clean energy.
Earlier, the Ministry of Industry and Trade had approved a program to develop rooftop solar power in Vietnam between 2019 and 2025.
The industrial sector uses about 50% of the country’s total energy resources; hence, increasing energy saving and efficient use in the sector is a top priority to ensure national energy security.