Featured in Upside of China's downturn – 12-2019

Vietnam’s solar opportunities shine bright

The outlook for growth in Vietnam’s renewables sector is positive, writes Daine Loh, research analyst at Fitch Solutions. And the solar segment is one of the key drivers of this impressive growth. Vietnam still has substantial untapped solar power potential. Coupled with an increasingly supportive regulatory environment, and an expected surge in electricity consumption over the next decade, the country’s renewables sector is poised for a new dawn. And this will bring substantial opportunities for investors.

By

pv magazine

09 Dec 2019

Image: Fithc Solutions Macro Research

Vietnam is set for a surge in power demand and consumption over the coming decade, which will stimulate the need for the rapid development of new power capacity. This stems largely from an expanding industrial and manufacturing sector, particularly as the ongoing U.S.-China trade war plays out. This has allowed Vietnam’s government to position itself …

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