PM greenlights plan to grow wind power sector

 The projects, largely to be funded by Official Development Assistance (ODA) from Germany, propose several approaches to improve Viet Nam’s capacity to harvest the potential of wind energy.

They range from building databases, to planning wind power infrastructure at both local and central levels, to improving the management of wind power investment.

To be implemented between 2014 and 2018, these projects will utilise a total investment of 3.7 million euros (US$4.7 million). Germany’s non-refundable development assistance package offered 3.6 million euros ($4.6 million) of the required investment and Viet Nam’s corresponding contribution satisfied the remaining 100,000 euros ($129,300).

PM Dung assigned the Ministry of Industry and Trade with the responsibility of allocating the funds to ensure the implementation of the projects.