Vietnam allows big companies to buy clean energy directly to meet their climate targets
- Vietnam will allow big companies, including Samsung Electronics, to buy electricity from wind and solar producers, aiding climate targets and relieving grid pressure.
- A government decree approved earlier this month permits Direct Power Purchase Agreements, lifting reliance on Vietnam Electricity.
- About 20 large companies seek to buy clean energy directly, with total demand estimated at nearly 1 gigawatt, as reported by Vietnam’s Ministry of Industry and Trade.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left8Leaning Right2Center9Last UpdatedBias Distribution47% Center
