According to foreign media reports, the Vietnamese government recently said that the target of photovoltaic installed capacity planned to be deployed from 2031 to 2045 is too high and should be appropriately reduced in order to make more market space for wind power generation.


In a communique released by the Vietnamese government office a few days ago, Vietnamese Deputy Prime Minister Li Wenqing said that the installed capacity of photovoltaic system set in the country's "2021-2030 power development master plan VIII" is too high.


Vietnam's Ministry of industry and trade announced on February 21 that from now to 2030, Vietnam plans to deploy 146gw of installed capacity of photovoltaic systems, a decrease of 9gw compared with the plan announced in November last year. By 2045, the planned installed capacity of photovoltaic system will reach 352gw. Vietnam's Ministry of industry and Trade said that from 2031 to 2045, photovoltaic power generation will account for 25% of Vietnam's total power generation.


Vice Premier Li Wenqing commented that Vietnam should reduce the proportion of installed capacity of photovoltaic system and increase the proportion of offshore wind power.


According to the data of Vietnam electric power company (evn), as of 2021, Vietnam is one of the 10 countries with the highest photovoltaic deployment in the world, with a total installed capacity of 16504mw, accounting for 2.3% of the world.


Vietnam's Ministry of industry and trade submitted the first draft of the "master plan for power development VIII" to the government in March last year. Since then, the plan has been revised four times.


In addition, the Ministry of industry and trade of Vietnam requested to postpone the implementation of the plan to the second quarter of this year.