Government of Vietnam targets 75 per cent share of renewable energy by 2045

The Government of Vietnam targets to increase the share of renewable energy (RE) in the country’s total power production to 75 per cent and to 70 per cent of actual production by 2045 under its COP 26 commitments.

The targets have been set as part of the country’s transition to sustainable energy after the government announced its commitment to reach net-zero emissions by 2050. Under Vietnam’s draft 10-year Power Development Plan VIII, the Ministry of Industry and Trade (MOIT) will increase wind capacity by 333 per cent and solar power capacity by 167 percent.

 

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