Environment

Quang Binh calls for investment in renewable energy

The central coastal province of Quang Binh is calling for domestic and foreign investment in renewable energy, especially solar and wind power.
Quang Binh calls for investment in renewable energy ảnh 1Quang Binh calls for investment in renewable energy, especially solar and wind power (Photo: VNA)

Quang Binh (VNA) – The central coastalprovince of Quang Binh is calling for domestic and foreign investment inrenewable energy, especially solar and wind power.

Three investors have registered to carry outsolar energy projects, namely Green Energy Dohwa Company Ltd., Son HaiGroup, and Hoang Huy Toan Group.

The Government of Germany has sponsored a windmeasurement project in some localities in Quang Binh to develop this kind ofenergy on a large scale in the future.

According to the provincial People’s Committee,the locality has 1,600-2,000 sunshine hours each year. The average wind speedat planned areas is estimated at 5.5-6.0 meters per second.

The province is also boasting a lot of cleanland funds, especially near coastal areas, creating favourable conditions forthe development of solar and wind power in the coming time.

In 2015, the Prime Minister approved a renewableenergy development strategy by 2030 with a vision to 2050, which targets anincrease in the ratio of power generated from renewable energy to 32 percent by2030 and 43 percent by 2050.

The national project for power development in2011-2020 also identified developing renewable energy as a breakthrough toensure the security of the nation’s energy supplies, and reduce the negativeimpact of generating power on the environment.-VNA
VNA
#central coastal province of Quang Binh#domestic and foreign investment#renewable energy#solar#wind power#Green Energy Dohwa Company Ltd.#Son Hai Group#Hoang Huy Toan Group#land funds
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