EU & DECC launch the Development of Solar Energy project in Danang
On December 3, the European Union and the Danang Energy Conservation Centre hold the official launch event of the project entitled "Development of Solar Energy in Danang" (DSED).
The project aims at promoting the development of solar energy in Danang, through data collection, information sharing, awareness raising and training, targeting policy makers, SMEs and Households. Pilot projects for a limited number of households and 5 public facilities will also be installed. Finally, the DECC showroom upgraded. Up to know the showroom only display Renewable Energy and Energy Efficiency equipment that are not in operation.
The project will allow DECC to acquire more recent equipment, and install it to concretely demonstrate how Solar Photo-Voltaic panels and produce electricity from capturing free-of-charge energy from the sun, and net metering connects the production to the national distribution grid. Solar Photo-Voltaic is good for economic development, as it creates jobs for production, installation and maintenance. It is good for electricity consumers, as it reduces the monthly electricity costs. It is good for climate, as it does not emit Green House Gases. Hence solar PV is a triple-win option.
Co-funded by the European Union and DECC, the EUR 444000 project will last for for 40 months, from July 2017 until October 2020. The European Union contribution is representing more than 85% of the overall budget.
For this project DECC will also cooperate with ERAV, VSQI, World Bank and GiZ, who are also working on improving the overall framework to drive more investment in the solar energy sector.
