Renewable energy has not met potential: conference

The development of wind and solar power has not reached its great potential, especially in the central and southern region, experts have said.

Speaking at a conference on renewable energy and roof-top solar power held yesterday in HCM City, Deputy Minister of Industry and Trade Hoàng Quốc Vượng cited many barriers that have prevented solar and wind power development.

Infrastructure for the energy transmission grid, for instance, has not kept pace with renewable energy projects. Roof-top solar power also has high initial costs, and while products and services related to roof-top solar power are available, they have no specific technical standards. This has affected the interest of investors in such projects.

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