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