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.
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Three investors have registered to carry out solar energy projects, namely Green Energy Dohwa Company Ltd., Son Hai Group, and Hoang Huy Toan Group.
The Government of Germany has sponsored a wind measurement project in some localities in Quang Binh to develop this kind of energy 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 speed at planned areas is estimated at 5.5-6.0 meters per second.
The province is also boasting a lot of clean land funds, especially near coastal areas, creating favourable conditions for the development of solar and wind power in the coming time.
In 2015, the Prime Minister approved a renewable energy development strategy by 2030 with a vision to 2050, which targets an increase in the ratio of power generated from renewable energy to 32% by 2030 and 43% by 2050.
The national project for power development in 2011-2020 also identified developing renewable energy as a breakthrough to ensure the security of the nation’s energy supplies, and reduce the negative impact of generating power on the environment.
