🔍 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗟𝗶𝘀𝘁𝗶𝗻𝗴𝘀 𝗔𝗽𝗽𝗿𝗼𝘃𝗲𝗱:
The plan details onshore/nearshore wind, small hydro, and biomass/waste power projects one by one, noting that some Provinces will finalise their listings soon. These lists will provide comfort to the related project owners in their development journey - being approved in this plan is crucial as part of the wider permitting process in Vietnam.

🌊 𝗢𝗳𝗳𝘀𝗵𝗼𝗿𝗲 𝗪𝗶𝗻𝗱 𝗣𝗼𝘄𝗲𝗿 𝗗𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻:
Offshore wind ambitions are geographically divided, aiming for 2.5GW in the North, 500MW in Central, 2GW in South-Center and 1GW in the South by 2030. No detailed list was established in the plan. A pilot scheme for offshore wind power development is still under discussions.

☀ 𝗨𝘁𝗶𝗹𝗶𝘁𝘆-𝘀𝗰𝗮𝗹𝗲 𝗦𝗼𝗹𝗮𝗿 𝗣𝗩 𝗣𝗿𝗼𝗷𝗲𝗰𝘁𝘀 𝗦𝘁𝗮𝘁𝘂𝘀 𝗤𝘂𝗼:
4.1GW of utility-scale solar PV projects remain in a standstill (COD required after 2030). The yet-to-come DPPA mechanism will probably unlock again the development of utility-scale solar PV.
Note that solar PV rooftop objectives per Province (total increase of 2,600MWp from 2023 to 2030) are clearly established in the plan.

As we navigate in a pivotal era, the PDP8 Implementation Plan is a clear testament to Vietnam's commitment to energy security and renewable energy development, and the strategic steps towards achieving both. Key remaining laws and regulations anticipated to be released in 2024-2025 relate to tariff framework, amendment of Electricity Law and DPPA regulation, among others.

The previously shared maps prepared by our GIS and Yield Engineer Hugo Leone remains valid (see attached). Syneria, as technical advisory and engineering consultancy company, is available to support all developers, operators, investors and banks in developing, designing, financing, constructing and operating their projects.

Disclaimer: These documents have been prepared based on publicly available sources for information purpose. Syneria accepts no responsibility or liability for the consequence of these documents being used for other purpose(s). Syneria has assumed the gathered data, information, or statements to be accurate, complete, reliable and current as of the date of communication of such information. The borders presented on these maps (Source: ESRI) do not represent Syneria’s opinion about the legal status of any country, territory, city or area, or concerning the delimitation of its borders. Any improvement suggestion is welcome.

Source: Gary Martin Dit Latour

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