Key Market Indicators
Vietnam's renewable energy generation is projected to experience a significant surge, reaching approximately 51 terawatt-hours by 2028. This marks a substantial increase from the 25 terawatt-hours recorded in 2023. The sector is expected to grow at an average annual rate of nearly 11%. This rapid expansion continues a trend observed since 2010, during which Vietnam's renewable energy supply has skyrocketed by over 119% annually. The country's commitment to expanding its renewable energy infrastructure highlights its strategic focus on sustainable growth and energy independence.