Vietnam with the World Bank support wants to gradually add 13.5 GW solar capacity over the coming decade, starting at 2020. The capacity will be increased through launching tenders.
After passing the 2019 milestone in annual added capacity, 4.5 GW capacity as of June, Vietnam plans to meet its Nationally Determined Contribution (NDC) of its Paris Climate targets and reduce its need for new coal generation.
According to Taiyangnews, under the title of “Vietnam Solar Competitive Bidding Strategy and Framework”, the World Bank claims new approaches to bidding and deployment of solar projects can boost the country’s solar generation capacity from the current 4.5 GW to 18 GW by 2030, as against the country’s current target of 12 GW by the same year. This target revision is under consideration of the Power Development Plan (PDP) 8 for the period of 2021-2030 and is expected to be published in early 2020.
Photo:@Solar_Edition @AFP – Phu Lac wind farm in southern Vietnam’s Binh Thuan province
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