Offshore wind - Photo:Photo: Unsplash
Photo: Unsplash

Renewable Energy

Norway has a lot to offer when it comes to renewable energy. Norwegian solutions are available for international markets. Innovations based on long-standing industrial experience in key areas including offshore wind make Norway/ Norwegian companies a solid partner moving forward.

In the context of Vietnam’s strong political will and commitment to addressing climate change including the ambitious commitment to reach net-zero target by 2050, which has been confirmed in the updated National Determined Contributions (NDCs) submitted at COP27 in Cairo, radical transformation in every sector of the economy is needed to meet the threat of climate change. A shift to clean and renewable energy, including wind power, is at the centre of this transition

Norway is a member of JETP (Just Energy Transition Partnership) initiated by the UK and G7 countries’ efforts to establish with large emitters, including Vietnam. Norway will work with development partners to help finance transition to renewable energy. 

The private sector will have to play a key role in this green shift. Norwegian companies in the renewable energy have been working with their local partners and making great contributions to the country's common efforts.

Norwegian companies can bring a wealth of experience in developing ocean-based solutions such as offshore wind; green shipping; carbon capture, utilization, and storage; hydrogen, and electric mobility.