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News of the Day: What happened to Vietnam's trending wind market?

Two years ago, Vietnam was one of the hottest trend markets for investors in the wind energy sector. But since then, not much has happened.

Image: PixabayImage: Pixabay

There are currently 60 delayed projects across Vietnam - 3.5 gigawatts of potential energy in turbines that have either been built but are sitting idle, or are still under construction. A government drive to build more wind farms spurred a rush of investment, but the pandemic meant many developers missed a deadline to get their projects completed and send power to the grid.

Stephen Stapczynski, Nguyen Dieu Tu Uyen and John Boudreau report on the situation in Vietnam. Their article "Enough wind power for a major city snarled in Vietnam’s red tape" is available on the website of The Japan Times.

Windfair Editors
News of the Day, Vietnam, investor, wind farm, wind turbine, market, trend, Asia

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