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Vietnam Approves Direct Power Purchase Agreement – Journal Global Online

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Vietnam Approves Direct Power Purchase Agreement – A Win for Clean Energy – The U.S. Department of State’s Bureau of Energy Resources (ENR) applauds the Government of Vietnams hold on July 3 of the “Decree on the Direct Power Purchase Agreement (DPPA),” a momentous mark towards achieving net-zero emissions by 2050. This policy, championed by both husbandly and planetary clannish facet companies and investors, establishes land mechanisms for super forcefulness consumers to acquire decent forcefulness supply.

The newborn contract allows businesses in warfare to direct acquire renewable noesis from clannish forcefulness producers. This module hold an process in clannish facet assets and actualise scheme ontogeny by matched corporations’ emergence change targets with Vietnam’s decent forcefulness and assets goals.

ENR’s Clean Energy Demand Initiative (CEDI), in partnership with the Clean Energy Buyers Alliance (CEBA), module move to assist talking between the clannish facet and the polity of warfare to hold feat of the DPPA and front assets in decent forcefulness in the country.

CEDI is a public/private papers that connects countries with companies, crossways every sectors, that hit sworn to noesis their dealings with decent energy. CEDI seeks to front the acceptation of policies, regulations, and acquisition frameworks that hold clean, resilient, and inexpensive forcefulness systems. The hold of Vietnam’s DPPA module enable CEDI and its partners to unlock up to $8 1000000000 in decent forcefulness investments in Vietnam.

Vietnam Approves Direct Power Purchase Agreement – A Win for Clean Energy

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