USAID helps Vietnam develop renewable energy
(VOVWORLD) - The US Agency for International Development (USAID) and Danang City People’s Committee have launched a project promoting urban energy security in Danang.
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(Illustrative photo by The World&Vietnam newspaper)
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During its 4 years of implementation, the 14-million-USD project funded by USAID targets to deploy at least 40 megawatts of advanced, distributed energy systems. 60 million USD in public and private investment will be mobilized for advanced, distributed urban energy systems, and solutions to address urban energy and environment issues.
Danang is viewed as a dynamic, green, and smart city in Vietnam. Investing in renewable energy and other advanced energy efficiency solutions will increase its competitiveness, attract green investment, and directly benefit the citizens of the city with a cleaner environment, according the USAID website.