Vietnam’s establishment of the Feed-in-Tariff in September 2018 has created renewed momentum for the Vietnam’s wind market and attracted a rush of development projects. There is already 228 MW of installed wind capacity in the country, and the Vietnamese government has set the targets for wind development at 800 MW by 2020, 2,000 MW by 2025 and at 6,000 MW by 2030.
However, there are still a number of regulatory challenges to be addressed in order for project developers to be able to advance Power Purchase Agreements (PPAs) that are bankable from the international project financing sector, while the future potential and system impact of renewables has yet to be fully recognised in the government’s long-term planning.
In this webcast, we will outline the latest policy and market developments affecting the wind industry, explain some of the challenges around project financing, and hear about the potential for offshore wind. Attendees can hear about the following hot topics, and raise their questions during the webcast:
- What is the current outlook for companies wishing to establish themselves in the Vietnamese wind market? What are the PPA bankability concerns for the investors
- What does the financing landscape look like for wind? What challenges can companies expect to face for project financing?
- What are the prospects for Vietnam offshore development in the future? What are the offshore challenges that the industry is likely to face?
Speakers:
- Update on Vietnamese policy and market environment – Naveen Balachandran, Special Advisor, GWEC
- Challenges of project financing – Olivier Duguet, Chairman and CEO, The Blue Circle
- Offshore wind development – challenges and opportunities – Bernard Casey, Development Director – Vietnam, Mainstream Renewable Power
- Moderator – Liming Qiao, Asia Director, GWEC
- Q&A – All
GWEC
