Vietnam contains one of the highest potential for wind power in the region, as it is endowed with high wind speeds particularly in the offshore or near-shore areas.

Solar power capacity is increasing thanks to significant changes in feed-in-tariff.

All projects honored this time are those that have been evaluated in terms of stability, efficiency, as well as contributing to environmental protection and creating jobs.

Across the first half of 2020, the government approved an additional 91 wind energy projects, onshore and offshore, with a total capacity of over 7GW.

Steep reduction of feed-in-tariff (FIT) is believed to derail investment in new and planned wind projects in Vietnam.