EU & Da Nang launch solar energy development project
The European Union and the Da Nang Energy Conservation Center (DEEC) launched a project entitled “Development of Solar Energy in Da Nang” (DSED) on November 3.
Co-funded by the EU and the DECC, the $517,000 project will run for 40 months, from July this year until October 2020. The EU’s contribution represents more than 85 percent of the overall budget.
The project aims to promote the development of solar energy in the central city through data collection, information sharing, awareness raising, and training, targeting policy makers, small and medium-sized enterprises, and households. Pilot projects for a limited number of households and five public facilities will also be installed and the DECC showroom upgraded.
At the moment, the showroom only displays renewable energy and energy efficiency equipment that are not in operation. The project will allow the DECC to acquire more recent equipment and install it, to demonstrate how solar photo-voltaic panels produce electricity from capturing energy from the sun and how net metering connects production to the national distribution grid.
Solar photo-voltaic panels are good for economic development, as jobs are created in production, installation, and maintenance. They are also good for electricity consumers, as it reduces monthly electricity bills, and the climate also benefits, as they do not emit greenhouse gases.
The DECC will also cooperate with the Electricity Regulatory Authority of Vietnam, the Vietnam Standards and Quality Institute, the World Bank, and GiZ, who are also working on improving the overall framework to drive more investment into the solar energy sector.
Mr. Alejandro Montalban, Head of Cooperation at the EU Delegation, stressed that renewable energy and energy efficiency play an important role in the sustainable development of energy. They are a smart and suitable solution, especially in the context of the depletion of natural resources.
Vietnam has huge potential in renewable resources, he added. “Limitations on knowledge and awareness of the benefits and the importance of renewable energy and energy efficiency is a barrier to the sector’s development,” he said. “Therefore, we hope that the cooperation with the DECC will hasten the dissemination of solar technology knowledge in Da Nang.”