Vietnam Needs to Act Now to Mitigate Wind Development Disruptions

As the COVID-19 pandemic widens overseas, many Asian countries now going through a second wave of outbreak and massive lockdowns continue to be in effect across South East Asia (SEA). Amid the dark clouds, GWEC Asia has not slowed down our policy efforts and have taken massive steps forwards in one of our priority markets: Vietnam.

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Market To Watch: Vietnam

With a coastline of more than 3,000 km and an average wind speeds of 8m/s-9m/s in the south, Vietnam´s potential to develop and generate wind power is substantial. In two reports both by the World Bank Group, Wind Resource Atlas and Going Global: Expanding Offshore Wind to Emerging Markets, a whopping 24 GW of onshore and 475 GW of offshore wind technical capacity was identified across Vietnam. By the end of 2019, Vietnam has a total cumulative installed wind power capacity of 487.4 MW, which includes 99 MW of intertidal projects, the first of its kind in the ASEAN region. Due to the strong flows of foreign and domestic investors into Vietnam’s wind sector, the market is predicted to install approximately 4 GW of wind capacity by 2025.

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Energy Transition Talks: Aleksandra Klassen of RE100/The Climate Group

Ahead of GWEC’s inaugural London Energy Transition Dinner in September 2020, we are tackling some of the big issues that we need to address in order to accelerate the global energy transition. In this month’s edition of our Energy Transition Talks, we spoke with Aleksandra Klassen, RE100 Senior Impact Manager at The Climate Group.

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Wind Industry & COVID-19: Impact in China Update

On 8 April, GWEC hosted a Webcast with key stakeholders from China’s wind industry to discuss the impact that the COVID-19 crisis had on the Chinese wind market and how the industry is recovering.Here you will find the key takeaways from this webcast.

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Update on the impact of COVID-19 on China’s wind industry

As China is the world leader in new onshore and offshore wind power installations, there have been rising concerns in over the impact of COVID-19 on the Chinese and global wind industry. This update has been jointly prepared by the Global Wind Energy Council (GWEC) and the Chinese Wind Energy Association (CWEA) based on consultation with their industry members and their own market intelligence.

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Market to Watch: Taiwan Offshore Wind

Within a short period of time, Taiwan has emerged as a leading offshore wind market in East Asia due to its ideal conditions for wind energy and the government’s commitment to developing the industry.

In January 2018, the offshore wind energy target was increased to 5.5GW by 2025, and Taiwan continues to ride the wave of its offshore success by increasing their commitment yet again to add a further 10GW of offshore wind capacity off the Asian island between 2026 and 2035.

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