Vietnam China green energy cooperation: solar thermal, waste-to-energy, and low-carbon tech opportunities
english.vov.vnVietnam and China are expanding cooperation on green energy, focusing on solar thermal storage, waste-to-energy, and low-carbon industrial technologies. A recent interview with Xizi Clean Energy's general director highlights China's complete supply chain and cost-competitive equipment as key advantages for Vietnam's energy transition. The article notes that Vietnam's goal of carbon neutrality by 2050 is driving demand for modernized industrial plants and energy infrastructure. Specific technologies mentioned include solar thermal storage for grid balancing, waste-to-energy systems suited for Southeast Asian conditions, and waste heat recovery boilers for steel and cement industries. The Chinese company has operated in Vietnam for nearly 20 years and plans to establish a local branch, signaling a shift from equipment exports to longer-term market presence. The main challenge identified is Vietnam's relatively young energy workforce and supporting industrial base, though the article suggests these gaps can close over time.
