Hanwha Group has invested in Cam Lam solar power plant in Khanh Hoa province with a capacity of 100 MW, operating since June 6 and is implementing the Hai Lang LNG Gas Power Center project.
Minister of Industry and Trade Nguyen Hong Dien worked with Hanwha Energy Group.
Minister of Industry and Trade Nguyen Hong Dien recently had a working session with Mr. In Sub Jung, CEO of Hanwha Energy Group (Korea) to discuss many issues related to investment in energy development in Vietnam. .
Mr. In Sub Jung, CEO of Hanwha Energy Group, said that Hanwha is a multi-sector business enterprise and always stands in the group of strong Korean businesses as well as being on the list of 500 leading companies. top of the world.
In the field of renewable energy, Hanwha Group has invested in the Cam Lam solar power plant in Khanh Hoa province with a capacity of 100 MW and put it into operation in June 6.
In early 2022, the joint venture including Korean units Hanwha, KoGas, KOSPO and Vietnam's T&T Group was granted an investment certificate for the Hai Lang LNG Gas Power Center Project, phase 1 - 1.500 MW in Quang Tri.
According to Mr. In Sub Jung, Hanwha Group has initially affirmed its role in developing energy projects and contributing to Vietnam's energy transition process.
Along with using clean LNG fuel, the Group's projects will contribute to minimizing environmental impacts, reducing greenhouse gas emissions, and ensuring environmental criteria according to commitments of the Government. Vietnam at COP26.
Speaking at the meeting, Minister Nguyen Hong Dien said that with the Prime Minister's declaration at COP26, Vietnam will commit to achieving the net zero emissions target - Net Zero by 0, this is a big challenge. Recently, many corporations, international organizations and businesses have come to learn about Vietnam's perspective and roadmap in the field of renewable energy development.
Vietnam has been focusing on electricity planning in the direction of reducing thermal power, increasing renewable energy and reasonably developing gas power. However, hydropower currently runs out of room and gas power cannot grow too quickly, so Vietnam needs to invest in developing more renewable energy from the sun, wind, and ocean waves to ensure balance and maintenance. system of power sources.
The strong development of renewable energy in recent times has contributed to a significant reduction in electricity costs.
According to the Minister, the energy potential in Vietnam is currently very large but the load is low, so the problem here is how to transmit electricity to places with high loads. To do that, many solutions are needed such as smart grids, using on-site energy to produce green hydrogen and ammonia.
Recently, natural gas sources as well as liquefied petroleum gas have fluctuated in price, Vietnam's policy is to exploit and effectively use available natural gas reserves. Minister Nguyen Hong Dien agrees with Hanwha Group in the need to diversify and control gas supply sources to be able to develop gas power stably in Vietnam.
According to Investment newspaper