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Tuesday, January 18 2022
Tiếng Việt
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Date 19/10/2021-16:48:00 PM
Ministry of Planning and Investment works with localities and the Global Wind Energy Council
(MPI) - Director General of Foreign Investment Agency Do Nhat Hoang and Chief Executive Officer of the Global Wind Energy Council (GWEC) Ben Backwell co-chaired a meeting between the Ministry of Planning and Investment, localities and the GWEC to discuss difficulties, obstacles and recommend solutions to support wind power businesses maintaining, restoring and developing production in the afternoon of October 19th, 2021.

The meeting was held virtually with the participation of the GWEC’s members; Vice Chairman of Ben Tre Province People's Committee Nguyen Minh Canh, Vice Chairman of Soc Trang Province People's Committee Lam Hoang Nghiep; Director of Binh Thuan Province Department of Industry and Trade Vo Van Hoa and related departments and sectors of Ben Tre, Soc Trang and Binh Thuan Provinces.

At the meeting, Director General Do Nhat Hoang shared difficulties with the GWEC’s member businesses due to the complicated developments of COVID-19 pandemic. He affirmed that the Government, ministries, sectors and localities of Vietnam would always accompany and support the best mechanism and policy conditions for businesses to maintain, restore and develop production. The guidelines of the Government and the Prime Minister are to open with a roadmap, gradually control, continuously adjust to restore, maintain production and safely adapt to the practical situation.

GWEC CEO Ben Backwell speaking at the meeting. Photo: MPI

As stated by the GWEC CEO Ben Backwell, the GWEC’s member businesses thanked the State agencies and local authorities for their understanding and frank exchanges about wind power feed-in-tariff (FIT), FIT’s limit and mechanism to support the onshore wind power industry. The GWEC stressed that the FIT mechanism can be considered as an important turning-point for the Government to make a long-term commitment for investors in the onshore wind power industry, the potential resource has been committed to invest with about 6.6 million KW of onshore wind power in Vietnam by investors.

The COVID-19 pandemic has affected many countries in the world and different industries, including the wind power, many Governments have taken measures to support industries, including long-term support as well as tax relief measures to ensure the implementation of projects.

The GWEC recognized Vietnam's difficulties in fighting the COVID-19 as well as having measures to control the pandemic. However, the pandemic prevention and control measures have great impact on both public and private sectors in Vietnam, providing significant difficulties for the wind power industry. According to the GWEC's data, 2.8KW onshore wind power, which could be completed FIT on time, is now very difficult to reach the FIT on October 31st, 2021, etc.

Overview of the meeting. Photo: MPI

At the meeting, Mark Huthinso, Chair of the Southeast Asia Task Force, the GWEC presented a summary report about wind power businesses’ difficulties due to the COVID-19; impact on finance and investment; international experiences and recommendations for Vietnam. Representatives and members of the GWEC shared about supporting issues for wind power businesses, in which they proposed to extend FIT scheme for qualified wind power projects. They provided some difficulties of equipment manufacturers for wind power projects and suggested that it is important to have a clear and transparent policy to ensure the invested capital and the trust of businesses to invest in Vietnam.

Agreeing with the investors’ shares, representatives of Ben Tre, Soc Trang and Binh Thuan provided comments on project implementation such as site clearance, easing of the quarantine implementation, lockdown and “3 on-the-spot” agreement to facilitate the project implementation, entry of foreign experts into Vietnam, equipment transportation for the projects and wind power projects in mineral areas with difficulties, etc.

Director General Do Nhat Hoang speaking. Photo: MPI

At the conclusion, Director General Do Nhat Hoang stressed that the MPI recognized and highly appreciated initiative, flexibility, creativity and efficiency of localities in supporting and creating favorable conditions for businesses, in which the GWEC’s members has deployed production and business. Thereby, Heads of localities, departments, agencies pays attention and takes drastic measures to reopen with a roadmap for socio-economic recovery and development. The GWEC has been proposed to guide the member businesses through local Wind Energy Associations to actively exchange and closely coordinate with local authorities to solve problems and agree on production and travel plans, accommodation of employees and ensure safety of the pandemic prevention. He also acknowledged the GWEC for providing information that countries around the world had implemented to support renewable energy businesses in general and wind power in particular. The MPI will research, synthesize and summit to the Government on these solutions for suitable application in Vietnam.

CEO Ben Backwell expressed the gratitude towards the MPI and localities for this meeting and stated that the GWEC wishes to contribute to promoting Vietnam’s wind power on a global level, helping this potential energy source to develop in Vietnam in the coming time. He also hoped to continue working with the Government to build a sustainable industry for the future and believed that both stakeholders would overcome difficulties with the close cooperation./.

Bao Linh
Ministry of Planning and Investment

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