Vietnam renewable energy projects facing financial difficulties

Experts think, therefore, in order to promote the development of renewable energy strong, Vietnam national bank should play a leading role, we will continue to implement the credit policy, to promote the activities of credit institutions and achieve green growth. Many Vietnamese companies, said despite more than previous opportunities and favorable conditions, but renewable energy projects in terms of money still faces many difficulties, especially in project construction such as solar time faster. Renewable energy project development investment funds have been greatly reduced, but compared with the traditional energy investment remains high, especially the use of advanced technology projects. At present, the Vietnamese Banks have started to gradually increase the proportion of green credit for development of renewable energy in the credit, but has yet to reach the expected effect. This is Vietnamese companies close to the renewable energy of green credit period. Therefore, we should support credit institutions long-term cost, preferential interest rates set to share the credit or mechanism, thus for the green industry, the field to provide long-term credit and preferential interest rates. Banks in particular, on the other hand, the use of international financial institutions to provide green credit bank loan application of time usually extend the review and approval. The world wide fund for nature ( 世界自然基金会) Climate change and energy project consultant G. Simon says, 2016 - 2030 annual phase Vietnam need $7. 8 billion to $9. 6 billion investment funds, to meet the demand for electricity. Another difficulty is that renewable energy is an emerging field for Vietnam, need a longer payback period, high investment cost, high risk, so the special need for preferential loan time limit and cost. Obviously, if in the case of electricity demand growth, needs billions of dollars of capital a year, Vietnam's domestic capital will be difficult to meet the demand. The funds raised (= which is usually a short-term credit institutions. Specifically, CGNPC in development of 410 mw, 603 mw, guangzhou energy saving 220 mw, 345 mw, jin can group the people vote for 200 mw, 190 mw hubei energy group, huaneng 180 mw expert thinks, from traditional to renewable energy energy restructuring process of Vietnam is golden opportunity to attract investment, resulting in huge demand for credit capital. Among them, the EPC project owner units is given priority to with soe/state, this also reflected from the side, in project bidding and parity, the state-owned enterprises have become the absolute main force. Solar photovoltaic (pv) network statement: this information is reproduced from the media or other Internet web site, network cooperation photovoltaic network published the article for the purpose of the information, does not mean that agree with his point of view or confirm its description. Ideal heat

as a result, enterprises have a lot of chance to get the green renewable energy credit funds. The article content is for reference only. One of the strengths of the current is declining investment in renewable energy, especially for solar projects. Of these, 81% green bonds have bright prospects in the asean region. Solar photovoltaic net news: in Vietnam national sustainable development strategy, the priority to the green production, good for the environment, renewable energy and other industries to invest funding is a very important client. In addition, the heating system need to grapple with complex and a waste of time to identify process of Vietnam bank, improve investor's project. The Philippines Allotrope Partners, executive President of financial innovation, green plan represents Malone ( Marlon Apanada） Said that the association of south-east Asian nations (asean) region of outstanding green and sustainable bonds worth up to $1. 6 billion. This paper statistics the September to today issued a total of 2. 85 gw pv power plant EPC and 1. 9 gw component bid opening information. Solar or wind power plant construction costs are expected to increase gradually lower than coal-fired power generation project investment cost. Development of green economy industry needs the government, departments, industry synchronization take measures and make each field taxes, fees, wind power industry, a few years back to the capital, technology, planning, solar glass, solar glass market mechanisms such as development strategy. At the same time, the renewable energy projects of technical appraisal & ndash; — Vietnam an emerging field, and its related complex problem is also a huge obstacle, ideal heat causes the green credit limit.