Vietnam

Vietnam has seen a tremendous growth in renewable energy over the last three years fuelled by attractive feed-in-tariff regimes. In 2017 the country had less than 200 MW of utility-scale wind and solar installed. Three years later the cumulative installed utility-scale capacity has reached over 10 GW, with an additional 3 GW of wind-capacity expected to reach COD in 2021. The rapid growth is expected to continue throughout the next decade. Growth ambitions are currently being finalized by the government and it is expected that the country will target to add between 30 to 40 GW of wind and solar by 2030. Scatec is eager to play a leading role in Vietnam’s renewable energy industry.

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