Swiss to support green energy drive

13/05/2011 14:09:11 - views: 3,437

Switzerland will provide Viet Nam with non-refundable aid worth US$2.43 million to help implement the Renewable Energy Development Project (REDP).

Workers check panels at the 100kW solar power station that provides electricity to 700 ethnic people in Trang Commune in the Central Highlands province of Gia Lai. — VNA/VNS Photo Sy Huynh

The bilateral agreement was signed yesterday in Ha Noi by Deputy Minister of Industry and Trade Hoang Quoc Vuong and Ambassador Beatrice Maser Mallor – Head of Economic Cooperation and Development under the Swiss State Secretariat for Economic Affairs (SECO).

At the signing ceremony, the Swiss Ambassador spoke highly of Viet Nam's efforts to develop renewable energy sources and expressed her hope that the aid will push Vietnamese enterprises to take full advantage of investment opportunities in renewable energy sources, such as wind power, solar power and/or biomass.

Deputy Minister Vuong expressed his belief that the project will help the country expand its socio-economic development. REDP, which is funded by the World Bank, will be implemented in three phases, including investing in renewable energy projects, setting up development policy initatives, and developing renewable energy projects for the future.

Source: Vietnam News Agency

News

EVN shared information with the investors of wind power projects

Cập nhật 15/01/2020

In the afternoon of January 13, in Hanoi, Electricity of Vietnam (EVN) organized a conference to exchange...

Innovation

EVN restructures the dependent accounting units

Cập nhật 07/11/2018

The Prime Minister has just directed Electricity of Vietnam (EVN) to restructure, reorganize and...

Investment

Supplementing 30MW WPP in the west mountainous region of Quang Tri province

Cập nhật 17/12/2019

Recently, Quang Tri Provincial People's Committee (PPC) issued a Decision on approval for  Huong Linh...

Business

HCM City’s EVN to become digital business

Cập nhật 06/01/2020

HCM City’s electricity sector has set a target to become a digital business by adopting key technologies...

Production

Son La hydropower company aims to produce more electricity in 2020

Cập nhật 17/02/2020

Son La hydropower company has set a target of producing over 11.7 billion kWh of electricity in 2020,...