Renewable strategy of Vietnam set up to reduce 25% greenhouse exhaust gas level in 2030.
However, besides hyd...
Renewable strategy of Vietnam set up to reduce 25% greenhouse exhaust gas level in 2030.
However, besides hydroelectricity, other renewable energy source currently is modest, need to invest more in this segment. Investing in renewable energy is not yet easy because this field need big capital, long-term investment strategy and high technology. However, mr. Le An Khang, general director of Gia Lai Electricity JSC, TTC’s Leading Energy Subsidiary, consistently set it as the goal of company development in this industry.
Mr. Khang said: “With the role of the strategic shareholder, the support of IFC and Armstrong not only create the condition for GEC widen its main force business sector but also let the company become one of the leading companies in renewable energy development, supply sustainable energy source to alternate fosill fuel power source in Vietnam.
Source: Tin Nhanh Chung Khoan