11 Low-Carbon Projs in Vietnam Chosen for Climate Finance Accelerator Program
The Climate Finance Accelerator (CFA) Vietnam program has selected 11 innovative low-carbon projects in the country for its second phase, local media reported.
The projects cover various sectors such as clean energy and energy transition; electric vehicles; agriculture, forestry and other land uses (AFOLU); circular economy; and waste management. They are seeking a total investment of $436 million.
Some outstanding projects are Cenergy, which produces domestic redox flow batteries and provides reliable energy storage solutions to industrial customers; CME Biomass, with a comprehensive ecosystem of afforestation - production - biomass power plants; and the 2.5-megawatt (MW) TGS Tra Vinh green hydrogen and ammonia production pilot project, which generates clean and sustainable power for industry, transportation, and energy fields.