Hogan Lovells Publications | Finance Alert | 10 March 2020
Renewable energy projects in Vietnam
2019 in review and the horizon for 2020
Vietnam has great potential for developing wind energy projects, having a coastline of over 3,400 kilometers (km) with average wind speeds ranging from 4.5 meters per second (m/s) onshore to 10 m/s in certain offshore areas, as well as a high degree of solar irradiation which in some areas can exceed 4 kilowatt hours (kWh) per square meter (m²) per day on average. The technical potential for the development of wind and solar power in Vietnam has been estimated to be over 600 gigawatts (GW in) aggregate.
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