GEG is one of the pioneers in Vietnam’s green energy sector with a current portfolio of 283 MW, including 85 MW in hydropower and 198 MW in solar power. Vietnam has great potential in solar and wind energy given its large amounts of sunlight and wind. The Government plans to triple renewable energy capacity to 15,300 MW by 2030. The Government is encouraging investment in renewable energy with favorable tariffs for both solar (USD9.35 cents/kWh) and wind power (USD8.5-9.8 cents/kWh)