What is solar & storage live Vietnam?

Solar & Storage Live Vietnam showcases innovative, market leading solutions for Commercial & Industrial solar projects, large scale utility projects, residential projects, small scale community-based projects and the technologies that support them.

Why is solar important in Vietnam?

Solar is a significant part of Vietnam's renewable energy strategy. State-owned utilities are investing in utility scale floating solar projects, the government is offering generous incentives for rooftop solar and large energy users are adopting onsite solar at an increasing rate.

How can Vietnam improve its energy system?

Vietnam's energy system is in a state of transition too, with the government seeking to balance the need for economic growth with the need to reduce GHG emissions and increase renewables. Under the current scheme, the only options for further renewables development involve additional solutions such as storage.

Is Vietnam a good place for solar energy?

Abundant sunshine makes it an attractive location for solar, particularly in the south, with potential estimated at 12–15 GW. The average annual solar energy received on a horizontal surface in Vietnam varies between approximately 1200 and 2000 kWh/m 2. Vietnamese power production by fuel type, 2013–2022.

Could solar power boost Vietnam's industrial development?

The World Bank ( 2021) suggested that a target of 10 GW by 2030 and 25 GW by 2035 would likely drive Vietnam’s industrial development and help the country meet its emissions targets. Abundant sunshine makes it an attractive location for solar, particularly in the south, with potential estimated at 12–15 GW.

Which energy storage technologies can be used for long-term policy planning?

A range of energy storage technologies have been identified for long-term policy planning (EREA and DEA 2023 ), including hydro-pumped storage, lithium-ion batteries, flywheels, compressed air energy storage, vanadium redox flow batteries, and hydrogen storage.