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Subscribe to
The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
28.9 C
Ho Chi Minh City
Wednesday, April 9, 2025

First Hanoi market to be installed with solar panels

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HANOI – The government of Hanoi has approved a pilot project to install rooftop solar power panels for the iconic Dong Xuan Market in Hoan Kiem District, making it the first wet market in the capital city to be equipped with the solar power system, aimed at saving energy and reducing carbon dioxide emissions.

The market will be installed with 600 solar panels, which account for 18% of total area of the market’s roof. The system will generate 198 kWp of electricity.

The project is funded by the German non-profit limited company Engagement Global’s Servicestelle Kommunen in der Einen Welt (SKEW) through the following activities: enhancing the qualification and skills of employees of the district, which is in charge of operating and managing the pilot project using renewable energy; protecting the environment, saving energy, and using clean energy.

The project requires over 274,000 euros (US$333,000) in investment, with over 246,000 euros being provided by the German firm and the remaining amount being mobilized from legal sources by the district’s government. The project would be implemented from the date it was approved by the authorities to November 30, 2022.

After the pilot project is completed and proves effective, Hanoi will scale up the project to other places in the district.

Further, the government of Hanoi tasked the departments of Science and Technology, Industry and Trade, Natural Resources and Environment, Police and the Hanoi Power Corporation with instructing the project’s investor to conduct investment procedures, electricity connection, measuring and pricing activities in line with the prime minister’s decision on encouraging the development of solar power in Vietnam.

By Van Ly

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