The COVID-19 situation in Vietnam has created many hardships. This extends to supply chain bottlenecks for wind project components, workers prevented from reaching project sites for crucial inspections and activities, travel restrictions for foreign personnel, and other issues. As of August 2021, an industry survey conducted by GWEC estimates that 4,000MW of mainly onshore wind projects in Vietnam are severely challenged by these extenuating circumstances, and are now at risk of missing the November deadline for the wind Feed-in Tariff (“FiT”).
GWEC Market intelligence has seen a total of 12.78 GW of wind power capacity awarded through auctions and tenders in Q2 2021. That is almost six times larger than the comparable quarter las year – Q2 2020, which saw ~2.17 GW awarded. It is also an enormous increase on Q1 2021, which saw ~7 GW awarded.