Modern technologies, adequate Government incentives and reasonableproduction costs will help facilitate the development of renewableenergy in Vietnam.
Deputy head of the National Agency for Science and TechnologyInformation Le Thi Khanh Van made the statement during a pressconference held on Oct. 6 in Hanoi.
Despite the country'shuge potential for renewable energy development, domestic and foreignenterprises seem hesitant to invest in the sector because it has higherproduction costs than traditional energies, she said.
Aspart of its increasing efforts to boost development of the sector, theagency will join hands with Germany's International Exhibition and FairService Company to organise the 2nd International Exhibition forRenewable and Decentralised Energy Solutions in Hanoi next March.
"The three-day expo will be a good chance for Vietnamese universities,organisations and businesses to seek cooperation and update theirknowledge on advanced technologies and solutions for renewable energy,"Van said.
"The event will also offer Vietnam a valuableopportunity to introduce its renewable energy advantages and potentialto domestic and foreign investors," she added.
About 200booths will feature information about technologies and equipment forsolar energy, wind energy, hydro-electric power, bio energy, geothermalenergy and the conversion and transmission of renewable energy.
A conference discussing methods to export renewable energy will be held on the sidelines of the event.
Renewable energy will account for 4.5 percent of the nation's totalpower supply by 2020 and 6 percent in 2030, according to a 10-yearnational power development plan approved by the Prime Minister./.
Deputy head of the National Agency for Science and TechnologyInformation Le Thi Khanh Van made the statement during a pressconference held on Oct. 6 in Hanoi.
Despite the country'shuge potential for renewable energy development, domestic and foreignenterprises seem hesitant to invest in the sector because it has higherproduction costs than traditional energies, she said.
Aspart of its increasing efforts to boost development of the sector, theagency will join hands with Germany's International Exhibition and FairService Company to organise the 2nd International Exhibition forRenewable and Decentralised Energy Solutions in Hanoi next March.
"The three-day expo will be a good chance for Vietnamese universities,organisations and businesses to seek cooperation and update theirknowledge on advanced technologies and solutions for renewable energy,"Van said.
"The event will also offer Vietnam a valuableopportunity to introduce its renewable energy advantages and potentialto domestic and foreign investors," she added.
About 200booths will feature information about technologies and equipment forsolar energy, wind energy, hydro-electric power, bio energy, geothermalenergy and the conversion and transmission of renewable energy.
A conference discussing methods to export renewable energy will be held on the sidelines of the event.
Renewable energy will account for 4.5 percent of the nation's totalpower supply by 2020 and 6 percent in 2030, according to a 10-yearnational power development plan approved by the Prime Minister./.
