USAID Partners with Danang City Government to Accelerate Renewable Energy and Energy Efficiency Solutions
The U.S. Agency for International Development (USAID) and Danang City People’s Committee have just launched the project of promoting urban energy security in Danang, according to U.S. Embassy Hanoi.
USAID Facilitates Private Sector Investment in Solar Energy_files
USAID Vietnam Urban Energy Security is a four-year (2019-2023), 14 million USD project to promote deployment of advanced, distributed energy solutions in urban areas in Danang and Ho Chi Minh City.
It addresses Vietnam’s rapidly growing energy demand and air pollution in urban areas by working with city governments and creating business opportunities for entrepreneurs. The project supports deployment of advanced distributed energy solutions such as rooftop solar, electric vehicles, waste-to-energy, and other energy efficiency solutions.
This project in Danang aims to achieve at least 40 megawatts of advanced, distributed energy systems deployed, at least 60 million USD in public and private investment mobilized for advanced, distributed urban energy systems and at least five innovative solutions to address urban energy and environment issues demonstrated and/or commercialized.
“USAID is helping Vietnam transition to a more resilient energy sector, powered by renewable energy. We are excited to work with Danang to promote clean energy in the region, provide access to technical expertise, and become a global convening center to help Vietnam realize its goals in renewable energy,” said USAID/Vietnam Mission Director Ann Marie Yastishock.
Danang is viewed as among the most dynamic, green, and smart cities in Vietnam. Investing in renewable energy and other advanced energy efficiency solutions will increase the competitiveness of the city, attract green investments, and directly benefit the citizens of the city with a cleaner environment. In addition, these solutions also contribute to the long-term mitigation of the impact of climate change to the city and its citizens.
The Danang City Government has a strong commitment to respond to climate change, protect the environment and implement renewable energy and energy efficiency projects and has set priorities to accelerate renewable energy and energy efficiency deployment with specific target and action plans such as the Rooftop Solar Promotion Action Plan, the Renewable Energy Action Plan, the Electric Vehicle Charging Station Plan, and the Energy Conservation & Efficiency Action Plan.
USAID is providing technical support to the Danang Department of Industry and Trade (DOIT) in operationalizing these strategies. Some activities include establishing the Clean Energy Development Task Force to support the DOIT as well as power company to improve urban energy resilience and energy security, developing an Energy Efficiency Award for the city to recognize local enterprises who have implemented energy efficiency measures, and undertaking a study to review city and national level regulations, policies and mechanisms to implement and enforce the Energy Efficiency Action Plan 2020 – 2030.
Over the past five years, USAID has committed over $40 million to support the energy sector in Vietnam and plans to commit an additional $36 million over the next five years.
- Vietnam News Today July 28 Food Stamps Allocate Market Time to Hanoi Residents
- Indian gov't may vaccinate children by next month: health minister
- Parliament eyes average growth of 6.5 - 7 percent for five years
- Fencing-Estonia win women's épée team to deliver nation's first Olympic gold medal in 13 years
- Delivery fees sharply increase in HCM City
IoT Pioneer Wiliot Secures $200 Million Investment Round Led by SoftBank Vision Fund 2
China Dynamics Changes Name to Ev Dynamics
EVA Pharma: Supporting India Amid COVID-19 Surge
Cyberport Academy launches Green Finance Speaker Series to promote the development of Green FinTech
Hong Kong based Rare Whisky Holdings agrees investment deal with Scottish whisky auction house Whisky Hammer