Enel's pullback from Vietnam epitomizes the challenges facing foreign investors in a tumultuous renewable energy sector, highlighting concerns over regulatory frameworks and project approvals.
The Vietnamese government's ambition to increase renewable energy capacity is undermined by inconsistent policies and project uncertainties, as seen by recent exits of major investors like Enel and Orsted.
Wind energy is envisioned to play a crucial role in Vietnam's transition to renewable energy; however, regulatory hurdles and an ineffective offshore wind framework remain significant obstacles to progress.
Vietnam’s power generation capacity is poised to nearly double by 2030, yet the contrasting futures of solar and wind energy illustrate shifting priorities in its renewable strategy.
[
Collection
]
[
|
...
]