Deputy Prime Minister Tran Hong Ha (R) and General Director of the China Energy International Group Co. Ltd. Qiao Xubin at their meeting in Hanoi on March 28.(Photo: VNA) Ha said the group, one of the leading energy enterprises in China and theworld, has implemented several projects in Vietnam as either the maincontractor or the investor.
He noted the process of transition to green energy has faced numerouschallenges and difficulties, adding that China has seized the trend and beenrapidly developing in the transition from fossil fuels to green energy.Meanwhile, Vietnam has great potential in renewable energy, he added.
The Deputy PM expressed his hope that the group could share and utilise newtechnologies in projects implemented in Vietnam or propose specific initiativesfor developing smart electricity grids, pumped-storage hydroelectricity, andenergy storage in a bid to increase the proportion of renewable energy atreasonable costs.
For his part, Qiao said that Vietnam is a potential market offering manyinvestment and business opportunities for the company.
He reported that the group is implementing a pilot project combining renewableenergy with a pumped-storage hydropower plant, and producing hydro fromrenewable energy.
The guest also expressed his interest in projects to develop smart power grids,reduce power losses, build wind power and pumped-storage hydropower plants andenergy storage facilities, and conduct technology conversion for coal- andgas-fired power plants towards carbon neutrality./.
VNA
