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Renewable Energy development in Vietnam - Coggle Diagram
Renewable Energy development in Vietnam
Internal
factors
Weaknesses
Lack of qualified human resources and supporting industries
Lack of capital financing
channels
Operational risks: project delays, overloading of transmission systems in remote area, low quality of purchased equipment
Difficult negotiation with the power purchase agreement
strengths
Participation deeply in regional and global value chain production
Esurance of Vietnam’s national energy security
Rapidly developed economic and trade cooperation
Promotion of sustainable
development
The high capital requirements for the development of the power sector
Environmental protection
Promotion of renewable
energy investment policies
External
factors
Opportunities
High annual sunshine time and rich solar energy resources
Explosive growth of Vietnam’s solar power investment
Vietnam’s long coastline
Threats
The problem of connecting solar and wind plants with the national grid
Weak power grid
infrastructure