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The assessment was made at a conference to review the implementation of the
project during 2009-2018 held by the Ministry of Industry and Trade (MoIT) in
Hanoi on June 21.
REDP is sponsored by the WB and the Swiss State Secretariat for Economic Affairs
with official development assistance (ODA) worth 204 million USD. It aims to
develop renewal energies to connect with the national grid in order to serve
sustainable development.
Nguyen Van Thanh, deputy head of the MoIT’s Electricity and Renewable Energy
Agency, stated that the project is significant for the community and has
provided all-round assistance for the Vietnamese Government in making renewable
energy development policies and attracting investment in the field.
REDP has helped businesses to successfully invest in 19 small hydropower
projects with total capacity of 320MW and combined electricity output of nearly
1.3 billion kWh annually, thus contributing to ensuring power supply during peak
hours and for far-flung areas, he added.
Marcel Raymond from the Swiss Embassy in Vietnam said that Vietnam holds great
potential in renewable energy. With technical assistance and low costs from the
REDP, the country can compete well in renewable energy development.
A report summarising the implementation of the project showed that the project
has helped several State agencies complete policies and institutions on
renewable energy development and on how to use foreign aid in conformity with
Vietnam’s situation.
It has also contributed to building a database on wind measuring and wind power
development.
With its current economic scale and annual economic growth of around 7 percent,
Vietnam has huge demand for energy and electricity.
Therefore, developing renewable energy in Vietnam is essential to diversify
primary energy supplies and protect the environment.
Source: VNA
.jpeg "The Final Goal")
.jpeg "Farewell to the \"King of Cups\"")
.jpeg "Thank You, Xuan Son!")
