Visitors at a booth showing a solar power system at Solar Show Viet Nam 2019, which opened on Wednesday in HCM City.— VNS Photo Bo Xuan Hiep
The trade shows have also attracted power producers, project developers, renewable energy vendors, and business owners and land developers.
Sharon Roessen, managing director of Terrapinn, a global events company, and the organiser of the trade shows, said: “The future of energy in Viet Nam is bright, and Viet Nam looks very serious about growing the energy sector.”
The Solar Show Viet Nam this year aims to help drive the country’s renewable energy agenda forward, Roessen said. Prominent speakers and guests include senior representatives from the government and local utility Electricity of Viet Nam (EVN).
Nguyen Tam Tien, CEO of Trung Nam Group, said with some 100GW of additional capacity forecast by 2030, and a ten-fold increase in renewable energy generation, Viet Nam is interested in the future of its energy sector. Solar power is poised to be a key part of it.
The exhibition and conference will drive interest in the growing renewable energy industry in Viet Nam.
It also seeks to raise awareness about the variety of renewable energy solutions available for all sectors – power plants and utilities, factories and manufacturing plants, large-scale buildings, and investment and development.
More than 3,000 industry attendees are expected to visit the show.
Major topics at the conference include diversifying Viet Nam’s energy future and innovative renewable energy financing trends, among others.
In addition to the main conference, exhibitors will showcase the latest in energy technologies, ranging from home solar rooftop systems, energy storage solutions, inverters and lighting solutions to hybrid and intelligent systems and more.
As many as 120 exhibitors from Viet Nam, Asia Pacific and beyond are taking part.
In June, solar power investors will be granted land use fees and duty and tax exemptions, and will be able to mobilise both domestic and foreign capital.
With almost 66 per cent the population living in rural areas, Viet Nam is also scaling up its efforts to bring electricity to the entire population, whether on or off-grid, increasing electrification rates, and preparing the country for growth. — VNS