Illustrative image (Source: VNA) Hanoi (VNA) – The Vietnam Solar Power Expo2019 opened in Hanoi on September 25, drawing 48 exhibitors and more than 300enterprises.
Held by Neoventure, aprofessional investment advisor and event organiser with its registered officein China and Hong Kong, which provides market intelligence and sourcesasset-based investment opportunities in emerging markets, the event is a chancefor participating firms to share experience and expand partnership.
According to To Ngoc Son,deputy head of the Asia-Africa Market Department under the Ministry of Industryand Trade, in recent years, Vietnam has become a focus of many world leadingfirms in solar power and is likely to continue attracting more investors in thefuture.
Vietnam has now 82 solarpower projects with acombined capacity of 4,460MW, making up about 10 percentof the total power production of the country.
As many as 13 other projectsare underway, with a combined capital of 630MW, which are expected to becomeoperational in late 2019, noted Son.
He said that the Governmenthas also issued many policies to support the growth of the solar energy sectortowards the goal of turning solar power into a spearhead industrial sector,advising businesses to make full use of this opportunity.
The official stressed theneed for the firms to prioritise the green and sustainable developmentorientations.
Meanwhile, Vincent Chan,Regional Manager of Clenergy, said that the exhibition is a chance forbusinesses to introduce their products and seek investment opportunities inVietnam.
He held that with variouspreferential policies in price by the Vietnamese Government, the renewableenergy market, especially solar power, has high potentialfor development.
The expo will run untilSeptember 26, with various activities including conferences, technical seminarsand forums./.
VNA
