Solar and wind contribute to energy efficiency and conservation in high-demand regions of Vietnam
As Vietnam pushes forward with its national power development plans until 2045, partnerships with the EU become key in the nation’s shift from fossil fuels to green and clean energy
Sustainable development is necessary for all European businesses worldwide, not just those located in Europe. Vietnam’s DEEP C industrial zone in Hai Phong is one EU-funded project which supports the European Green Deal as the nation’s first eco-industrial park.
The funding supports DEEP C with rooftop solar power networks and wind towers to supply its own clients, with a constant recycling of resources that not only reduces its environmental impact but also improves operational and budgetary efficiency. It makes up only a fraction of the EUR 250 million in EU investments set aside for energy transition in Vietnam.
DEEP C industrial zone is considered an exemplary model for sustainable energy, with its focus on energy efficiency and conservation where demand is high. It is the next stage in EU support, following a drive to ensure that all rural residents have access to cheaper and better quality electricity.
With Vietnam’s socio-economic development and increasing demand for electricity, the EU is a key partner in the nation’s work to achieve energy security, while also helping to transform the structure of clean energy. As the world’s biggest investor in the environment and climate change, the EU leverages its partnerships with the Vietnamese public and private sector, along with multilateral development banks, to form a consortium for the green transition.
The EU Delegation to Vietnam (EUD) has been co-producing a series of reports with Vietnam Television (VTV), to promote public awareness of EU-Vietnam collaboration on green growth and sustainable development. The latest, ‘Towards A Carbon-Neutral Economy: Clean & Sustainable Energy’, showcases DEEP C and was broadcast on VTV1’s programme Green Future (Tuong Lai Xanh).
Besides representatives of the EU including German development agency GIZ, the report features a range of local public- and private-sector partners including the Ministry of Industry and Trade, Gia Lai Province, Centre for Energy Research and Green Growth, National Load Dispatch Centre and Duc Giang Chemical Group.
Watch the report on demand at Vtv.vn.