Vietnam is revising its energy plans to focus more on large solar farms and less on reliance on coal and natural gas. The fast-growing economy now aims to get 16% of its energy from the sun — more than triple its earlier target of just 5%.
A draft of the new policy outline, likely to be finalized in coming weeks, scraps plans to build offshore wind turbines, instead building more onshore wind capacity, rooftop solar and energy storage.
Offshore wind and new gas projects have proven expensive and difficult. Large solar farms are cheaper and easier to build.
