Who is solenco power?

Our company: discover more about our CEO and our team! Founded in 2015, and with a team with +50 years of experience in the hydrogen sector, Solenco Power is committed to the decarbonization of the energy sector. Dr. Hugo Vandenborre is the President and CEO of Solenco Power NV.

Will Vietnam stop using coal?

By 2050, Vietnam will stop using coal for power generation, switching all coal plants to using biomass and ammonia, according to the plan. The continued reliance on fossil fuels and burning biomass such as rice husk and residue from sugar cane farms, as well as the switch to build new infrastructure for gas-powered plants, has experts worried.

Will Vietnam build a new coal-fired power plant after 2030?

While Vietnam’s new energy plan mandates that no new coal-fired power plants will be built after 2030 as the country transitions to cleaner fuels, total generation capacity from coal power will still rise by 2030, contributing some 20% of total energy production — down from the current 30.8%.

What is Vietnam's energy plan?

Vietnam has released a long-anticipated energy plan meant to take the country through the next decade and help meet soaring demand while reducing carbon emissions. (AP Photo/Hau Dinh) A person rests on a table at a shopping mall to take refuge from the heat during a power outage in Hanoi, Vietnam on Saturday, June 10, 2023.

Why does Vietnam have a power outage?

Power outages are leaving Vietnamese homes and businesses without power for hours at a time, as a prolonged drought and high temperatures strain the fast-growing economy’s capacity to keep up. (AP Photo/Huy Han) Smoke billows from Pha Lai thermal power plant in Hai Duong province, Vietnam on June 12, 2023.