The installed capacity of the renewables hit 20,670 MW, up 3,420 MW year-on-year and accounting for 27 percent of total. The EVN’s total power output, comprising generation and imports, rose by 3.9 percent year-on-year to 256.7 billion kWh.
The share of renewable power is increasing, with generating capacity reaching up to 60 percent of the load capacity at times, causing overloads on inter-regional transmission lines and several locations, Nhan said.
This year, the State-owned corporation plans to accelerate licence granting and budget allocation of five key power generation projects, namely Tri An Hydropower Plant Expansion, and thermal power projects Dung Quat I & III, O Mon III, and Quang Trach II. It will also focus on expanding Hoa Binh and Ialy hydropower plants and Quang Trach I Thermal-power Plant.