USAID-funded project to boost Vietnam’s renewable energy development

The Vietnam Low Emission Energy Programme II (V-LEEP II), which is worth 36 million USD and funded by the US Agency for International Development (USAID), was kicked off in Hanoi on June 3.
USAID-funded project to boost Vietnam’s renewable energy development ảnh 1At the event (Photo: VNA)
Hanoi (VNA) – The Vietnam Low Emission EnergyProgramme II (V-LEEP II), which is worth 36 million USD and funded by the USAgency for International Development (USAID), was kicked off inHanoi on June 3.  

The programme was co-launched by US Ambassador to Vietnam MarcKnapper, Vietnamese Deputy Minister of Industry and Trade DangHoang An, and USAID Vietnam Mission Director Ann Marie Yastishock.

Expected to build on the success of V-LEEP I carried out between 2015 and 2020, V-LEEP II will support the financial mobilisation for 2,000MW of renewable energy and 1,000 MW of gas-fueled power to reduce 59 million tonnes ofCO2.

The new programme plans to provide cooperation, training, andcapacity building activities, as well as tools to support the management andimplementation of technology planning, connection and transfer for powerproduction and management.

Earlier, V-LEEP I, in conjunction with the private secto, contributed to the mobilisation of 311million USD to successfully develop wind and solar power projects with a combined capacity of 300 MW./.
VNA

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