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Vietnam Today

Vietnam Wind Power Conference set for Hanoi

Released at: 08:30, 26/05/2019

Vietnam Wind Power Conference set for Hanoi

Photo: The Global Wind Energy Council

Second edition of conference to be held on June 11-12 in capital.

by Minh Do

The Global Wind Energy Council will hold the second edition of the Vietnam Wind Power Conference on June 11 and 12 in Hanoi.

The Council will partner with GIZ, the Embassy of Denmark, and the Embassy of Ireland to hold the conference.

The first edition of the conference was held last year, with nearly 200 international and local delegates in attendance, and featured 30 industry and government speakers.

Vietnam’s establishment of a Feed-in-Tariff last September created renewed momentum for the country’s wind power market and attracted a rush of development projects. There is already 228 MW of installed wind capacity in the country, and the government has set a target of 800 MW by 2020, 2,000 MW by 2025, and 6,000 MW by 2030.

However, there are still a number of regulatory challenges to be addressed in order for project developers to be able create power purchase agreements that are bankable from the point of view of international project finance, while the long-term potential and system impact of renewables has yet to be fully recognized in long-term planning.

The “Accelerating Wind Project Financing in Vietnam” workshop on June 11 is specifically targeted at international and local financial institutions, development banks, and government officials, and will address the burning issues facing the financing of wind projects.

The June 12 conference will feature a range of plenary and parallel sessions, including regulatory, market, policy, technology updates, and offshore, as well as other pressing issues relating to the development of a sustainable wind and renewables industry.

Experts from the international and national wind industry, financial institutions, and high-level representatives from governments and other competent authorities in Vietnam will set the scene for a discussion on what needs to be achieved to expedite the further development of the wind sector.

The Global Wind Energy Council is the international trade association for the wind power industry. It is a member-based organization that represents the entire wind energy sector. Its members total over 1,500 companies, organizations, and institutions in more than 80 countries and territories, including manufacturers, developers, component suppliers, research institutes, national wind and renewables associations, electricity providers, and finance and insurance companies.

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