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VietNamNews

Deputy PM urges solar energy development

Update: April, 06/2015 - 08:56
Solar energy is a priority target for Viet Nam's National Energy Development Strategy up to 2020 with a vision to 2050, approved by the Government in 2007. — Photo maynangluong

HA NOI (VNS) — Deputy Prime Minister Hoang Trung Hai instructed the Ministry of Industry and Trade to build policies for the development of solar energy in Viet Nam at a meeting last week in Ha Noi.

Solar energy is a priority target for Viet Nam's National Energy Development Strategy up to 2020 with a vision to 2050, approved by the Government in 2007.

The country is likely to face power shortages, so finding new sources of energy is a priority for the country's socio-economic development plans.

However, solar energy projects have not been used for commercial purposes or connected to the national grid as they often require large amounts of investment. In addition, there are still no mechanisms or preferential policies to encourage these projects.

The deputy PM called on the establishment of a legal framework to encourage the development of solar energy and the completion of the country's solar energy development master plan.

Hai said policy-makers must learn from successful foreign solar energy production models, and balance the interests of both suppliers and consumers. — VNS


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