Workers install solar power panels on the roof of a factory in Tangshan, north China’s Hebei province. Chinese firms are seen benefiting from a financing pact for Vietnam. Photo: Xinhua
Workers install solar power panels on the roof of a factory in Tangshan, north China’s Hebei province. Chinese firms are seen benefiting from a financing pact for Vietnam. Photo: Xinhua

China’s renewable energy firms seen benefiting from US$15.5 billion deal to help Vietnam reach climate goals

  • Developed nations have pledged US$15.5 billion of funding under the Just Energy Transition Partnership pact to support Vietnam’s move away from fossil fuel
  • Vietnam was the second biggest export market for Chinese solar panel makers in 2020, accounting for 12 per cent of the nation’s exports.

Workers install solar power panels on the roof of a factory in Tangshan, north China’s Hebei province. Chinese firms are seen benefiting from a financing pact for Vietnam. Photo: Xinhua
Workers install solar power panels on the roof of a factory in Tangshan, north China’s Hebei province. Chinese firms are seen benefiting from a financing pact for Vietnam. Photo: Xinhua
READ FULL ARTICLE