According to experts, COVID-19 has significantly affected Vietnam's economic activities in particular and the ...
According to experts, COVID-19 has significantly affected Vietnam's economic activities in particular and the global economy in general, but also opened up new investment directions.
Next is the field of renewable energy, the direction of effective investment for sustainable development, not only for businesses but also having a positive impact on the environment.
Global energy demand decreased
According to some statistics from specialized agencies, COVID-19 has reduced global energy demand by 3.8% in the first quarter, and is expected to continue to decline until the end of 2020.
In particular, traditional energies, which have been considered as the main sources of fuel, such as coal and oil, have significantly decreased. The only source of energy still holding positive growth is renewable energy with a 1.5% increase in the Quarter 1, 2020.
IEA - The International Energy Agency predicts that this trend will continue until the end of 2020, renewable energy, with the focus on solar and wind energy will continue to be resilient energy sources. most, regardless of supply chain disruptions or delays in many industries.
Reduced demand for energy on the other hand has a positive impact on the environment, as global CO2 emissions drop dramatically. During the recent social gap, the pollution level of Ho Chi Minh City is displayed in yellow (corresponding to a moderate level) on the AirVisual application instead of red for polluted air quality as before.
Even in Hanoi - the top 10 most polluted cities in the world, the air quality index has reached an average level - a good level for health.
These impacts, although only temporary, but have timely had a significant impact on the energy use plans of many countries around the world. Now, renewable energy is becoming the mainstream, playing a pioneering role in the sustainable and long-term economic recovery globally.
As the American Sun-Sentinel says: "The best way to boost the post-pandemic economy is to invest in renewable energy".
The rooftop solar power project at the Kymdan Cu Chi Plant implemented by TTC Energy will reduce emissions by nearly 200 tons of CO2 per year when put into operation - Photo: P.T
Effective investment direction for businesses for sustainable development
Investing in renewable energy is not only a policy of the Government but also comes from the awareness of enterprises. After the "pain" caused by the first wave of COVID-19, Vietnamese enterprises were no longer passive but actively "lived with translation", implemented "safe business", towards using solar power. heaven replaces traditional electricity to optimize costs.
With the entry of many reputable solar power investors, typically TTC Energy Joint Stock Company (TTC Energy) has opened the door for businesses to easily access electricity. This green.
Specifically, on September 8, TTC Energy and Phu My Vinh Investment and Construction Joint Stock Company signed a contract to install rooftop solar power system with capacity of more than 800 kWp for the project at Hoa Khanh Tay water plant (Long An).
This is considered as one of the pioneer water plants in the use of rooftop solar power, it is estimated that the output shared with the national grid will reach more than 1 million kWh/year and reduce emissions more. 700 tons of CO2/year into the environment.
At the same time, this solar power investor has also started to construct a system with a total capacity of more than 10Mwp at Duy Tan Plastic's factories, with an output of 13 million kWh/year and reducing emissions of more than 10 thousand tons of CO2/year.
The signing ceremony of the roof-top solar power system installation contract between TTC Energy Joint Stock Company and Phu My Vinh Investment and Construction Joint Stock Company - Photo: P.T
In order to create more conditions for businesses to easily balance their investment capital, many banks have loan policies to invest in rooftop solar power systems with the main collateral being the systems. Solar power comes from loans.
Most recently, we can mention the cooperation between TTC Energy and banks like Sacombank or MBBank. Accordingly, when the business is a customer of TTC Energy, will be able to borrow up to 70% of the system value with a maximum loan period of 7 years.
Via Tuoi Tre