Mekong Delta attractive for renewable energy investment

The Mekong Delta has great advantages to develop the renewable energy sector, including wind, solar, biomass and gas thermal power, according to experts.

Mekong Delta attractive for renewable energy investment hinh anh 1

The Mekong Delta has great advantages to develop the renewable energy sector. (Photo: VNA)

The Mekong Delta has great advantages to develop the renewable energy sector, including wind, solar, biomass and gas thermal power, according to experts.

Eleven of 13 cities and provinces in the region hold great potential for solar energy development, with average solar radiation of 1.387-1.534 Kwh per year.

Coastal areas in the region have high potential to develop wind power, with wind speeds of 6.5-7m per second.

Taking advantage of its natural conditions and investment attraction policies, the region has become a destination for investors in renewable energy projects.

Duong Vu Nam, Deputy Director of Ca Mau province’s Department of Industry and Trade, said the southernmost province of Ca Mau has a coastline of 254 kilometres which creates potential for wind power development.

The province also has high solar radiation and a large area of production forests, providing about 225,000 - 300,000 tonnes annually of waste wood from wood production and processing.

Waste wood is an abundant raw material used for the development of biomass power, he added.

The long coastline, estuaries and islands also create favourable conditions for building warehouses, ports, gas pipelines and storage and regasification systems to develop gas-fired power projects.

More than 40 domestic and foreign investors are keen on investment opportunities in wind, solar and biomass power in the province.

The province has 11 wind power plants with a total capacity of 675MW, and a 24MW biomass project is under construction.

It has approved a new 200MW wind power project expected to be put into operation by 2023.

It has also proposed that the Ministry of Industry and Trade add 26 windpower projects with a total capacity up to 14,614MW to the National Electricity Development Plan in the 2021-2030 period.

Soc Trang province also has great advantages for developing wind and solar power projects.

The province has a 72km-long coastline with an average wind speed of 8.3 metres per second. It receives an average of 2,300-2,480 hours of sunshine per year.

Twenty windpower projects with a total capacity of 1,435 MW have been approved in the province, deputy director of the provincial Department of Industry and Trade Le Thanh Nam said.

Nine of them under construction will be connected to the national power grid after completion.

Pham Quoc Hung, Director of Quec Vinh Soc Trang Wind Power Co.,Ltd, said that his company’s windpower plant is being built in Soc Trang province’s Vinh Chau township, with an expected output of 30MW in its first phase.

The plant is expected to start running on a trial basis in August and begin commercial operation in September./.

en.vietnamplus.vn

Related News

Green transformation: It

Green transformation: It's time to force businesses to "get involved"

VCN - Implementing ESG (environment, society, corporate governance) and green transformation has become a mandatory requirement for businesses to achieve sustainable development.
Accelerating investment to meet "green" standards

Accelerating investment to meet "green" standards

VCN – Many businesses are implementing large-scale investments in technology, energy transitions, and production processes to meet the increasingly stringent "green" criteria set by the EU market.
Electronics industry overcomes challenges to penetrate deep into global supply chain

Electronics industry overcomes challenges to penetrate deep into global supply chain

VCN - In addition to the opportunities from the investment shift in the electronics industry, Vietnamese enterprises also face many challenges in terms of capital, technology and human resources. Ms. Do Thi Thuy Huong, Executive Committee Member of the Vietnam Electronics Industry Association (VEIA), shared about the future directions for this potential industry.
Coconut is expected to become a billion-dollar export item

Coconut is expected to become a billion-dollar export item

VCN - Talking to the press at the ceremony to launch the first train carrying fresh coconuts to China, Mr. Luu Van Phi, Director of the Department of Industry and Trade of Tien Giang province, said that Vietnam's agricultural export potential, especially fresh coconuts, is expanding with the appearance of international railway transportation from Song Than station.

Latest News

Vietnamese products gain popularity in the UK, EU

Vietnamese products gain popularity in the UK, EU

In the first 11 months of this year, total trade between Việt Nam and the UK reached over US$$7.7 billion, an 18.1 per cent increase compared to the previous year.
Việt Nam set to become regional manufacturing tech hub this year

Việt Nam set to become regional manufacturing tech hub this year

Global tech giants have expressed interest in expanding operations in Việt Nam this year, making the country an important part of the global technology world.
Computers, electronics and components lead imports in 2024

Computers, electronics and components lead imports in 2024

Most of them came from China, accounting for 32.3 per cent of the total import turnover by November 2024.
Hardware and electronics exports rebound

Hardware and electronics exports rebound

In 2023, Việt Nam’s hardware and electronics exports reached $113.3 billion, a sharp 15.1 per cent decline from $133.6 billion in 2022. However, 2024 has witnessed a robust rebound, with export revenue surging by nearly 16.8 per cent.

More News

Imported automobiles show a declining trend in early December

Imported automobiles show a declining trend in early December

VCN - The volume of completely built-up (CBU) automobiles imported into Vietnam witnessed a sharp decline in the first half of December 2024, according to preliminary statistics released by the General Department of Vietnam Customs​
Footwear industry set to gain $27 billion in export this year

Footwear industry set to gain $27 billion in export this year

Việt Nam’s footwear and leather industry is poised to achieve US$26-27 billion in export in 2024, marking a $3 billion increase from the previous year, as they country has well capitalised on the signed free trade agreements to bolster shipment, according to the Vietnam Leather, Footwear and Handbag Association (Lefaso).
Rice export sets new record in 2024, but 2025 expected to be tough

Rice export sets new record in 2024, but 2025 expected to be tough

Rice exports set new records in both volume and value in 2024, but a difficult year ahead is on the cards for producers as India resumes export.
Lower steel export forces businesses to eye domestic market

Lower steel export forces businesses to eye domestic market

Exports of HRC steel in November continued to be gloomy, so the steel companies must pivot back the domestic market to increase consumption.
Industrial production maintains rapid and throughout bounceback

Industrial production maintains rapid and throughout bounceback

VCN - The industrial production index in 11 months continued to recover rapidly and increase steadily in 60/63 provinces and cities, which is a good signal for the economy.
Six export commodity groups see billion-dollar growth

Six export commodity groups see billion-dollar growth

From the beginning of the year to December 15, there were six key export commodity groups with an increase in turnover of US$1 billion or more, according to the latest statistics of the General Department of Customs.
Sustainable Green Development: New Driving Force for the Retail Industry

Sustainable Green Development: New Driving Force for the Retail Industry

VCN - The trend of sustainable development and circular economy opens up opportunities for the retail industry to modernize its business model, green the supply chain and promote the consumption of environmentally friendly products.
The Middle East: a promising seafood export market for Vietnam

The Middle East: a promising seafood export market for Vietnam

VCN - Seafood exports to the Middle East experienced double-digit growth in 2024, placing the region among the top two fastest-growing seafood import markets, second only to China.
Increasing consumption demand, steel enterprises have many opportunities

Increasing consumption demand, steel enterprises have many opportunities

VCN - Vietnam’s steel industry is benefiting from growing domestic and export demand for steel. However, moving into 2025, the industry still faces many challenges.
Read More

Your care

Latest Most read
Vietnamese products gain popularity in the UK, EU

Vietnamese products gain popularity in the UK, EU

In the first 11 months of this year, total trade between Việt Nam and the UK reached over US$$7.7 billion, an 18.1 per cent increase compared to the previous year.
Việt Nam set to become regional manufacturing tech hub this year

Việt Nam set to become regional manufacturing tech hub this year

Global tech giants have expressed interest in expanding operations in Việt Nam this year, making the country an important part of the global technology world.
Computers, electronics and components lead imports in 2024

Computers, electronics and components lead imports in 2024

Most of them came from China, accounting for 32.3 per cent of the total import turnover by November 2024.
Hardware and electronics exports rebound

Hardware and electronics exports rebound

In 2023, Việt Nam’s hardware and electronics exports reached $113.3 billion, a sharp 15.1 per cent decline from $133.6 billion in 2022. However, 2024 has witnessed a robust rebound, with export revenue surging by nearly 16.8 per cent.
Imported automobiles show a declining trend in early December

Imported automobiles show a declining trend in early December

The volume of completely built-up (CBU) automobiles imported into Vietnam witnessed a sharp decline in the first half of December 2024
Mobile Version