Vietnam targets jump in solar, wind power capacity

Vietnam plans to ramp up its solar and wind power generation capacity, aiming to raise the proportion of renewables in its power mix to 15%-20% by 2030 and to 25%-30% by 2045, from 10% currently.

Facing an imminent electricity shortage, Vietnam is developing renewables, along with LNG-to-power and coal-based projects, as hydropower has been almost fully tapped while oil and gas production has peaked. Plans to build nuclear power plants were scrapped in 2016.

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