Vietnam Solar Transition Accelerator (VISTA) Project Dates: January 2020 - March 2025
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PROJECT OBJECTIVE

The Development Objective is to support the Government of Vietnam in implementing a sustainable solar competitive
bidding program to mobilize private investments at scale.

The expected key results of the Vietnam Solar Transition Accelerator project are:
-  Launch and implementation of a Pilot Substation-Based Competitive Bidding (500 MW pilot bidding) 
- Private capital mobilized under the Pilot Substation-Based Competitive Bidding (US$ 375 million mobilized)
- Reduction in carbon emissions (18 million CO2 tons for the 25 years of the solar projects life)
- Development of a pipeline of solar

PROJECT DESCRIPTION

      

SECTORS OR AREAS OF WORK
  1. Renewables
KEYWORDS
  1. Solar Energy
Region/Location
Vietnam
BUDGET

USD 1,500,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. WB - The World Bank
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
ADDITIONAL INFORMATION

https//projects.worldbank.org/en/projects-operations/project-detail/P172974

BUDGET

USD 1,500,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. WB - The World Bank
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE