Vietnam’s grid adjusts to the 2020 solar boom
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In 18 months from the middle of 2019 to the end of 2020, Vietnam’s solar power went from just a couple of hundred megawatts, to a full 25% of its grid capacity, with 16.8 GW installed.
That will go down in history as one of the most rapid and extreme buildouts of the early renewable energy era – during Q4 2020, the developing nation of 100 million citizens installed more solar capacity than the USA did.
Now that the dust has settled, we are seeing all the phenomena of such a massive buildout writ large. Foreign investment, the reduction of planned coal and gas plant pipelines, and high levels of curtailment have all occurred on a massive scale since…Read More…
