Although hydro and thermal are currently the two largest power sources of Vietnam, both are facing challenges to meet increased demand. Hydro power is almost fully exploited while coal-fired thermal power plants are facing increasing opposition due to their environmental impact. New power generation is therefore increasingly vital to fuel continued economic growth and to address the country’s sustainability commitments.
Vietnam is transitioning to renewable energy sources to maintain competitive electricity generation and to deliver increased capacity quickly. Among renewable energy sources, solar energy in Vietnam has been making great strides in the last 12 months.
ABB has provided products and solutions to help deliver generation and grid connections for over 2 GW in more than 20 solar projects in Vietnam. The projects range in size from a 75 kWp solar power installation at ABB's factory in Bac Ninh to utility scale solar farms across the country.
“Vietnam is at an exciting phase of its development. The decisions and investment made now and in the following few years for solar generation, storage, transmission and distribution will have long lasting implications for future generations.
ABB, with project experience in several Giga Watts of solar genera- tion globally and the mix of global knowledge and local experience, will support realizing the government’s ambition for a sustainable energy ecosystem.” said Brian Hull, Country Managing Director of ABB in Vietnam.
A solid track record in the solar industry since the 1990s and expertise in solar energy from grid connection and integration to smart grids and micro-grids, globally and in South East Asia in particular, have given confidence to investors and developers to use ABB’s technology.
In Vietnam, ABB has a well-established presence in various economic sectors and in the power business in particular. Orders placed to ABB in solar energy include full electrical balance of plant (eBoP) and SCADA systems, 220kV and 110kV grid substations, inverters and medium voltage switch gear. PSNews