The Chinese state-owned company Huadian, in partnership with the Vietnamese conglomerate Minh Quang JSC, is planning to develop a 60 kt/year hydrogen project at the Dong Gio Linh industrial cluster, in the province of Quang Tri, in central Vietnam. The US$2.4bn project would comprise the construction of 1.2 GW of wind capacity and 800 MW of solar capacity to power the hydrogen production facility. The project would be developed in several phases, with the first involving only a 200 MW solar park.
In February 2024, Vietnam unveiled its hydrogen energy development strategy, under which the country plans to produce 100-500 kt/year of hydrogen by 2030 and 10-20 Mt/year by 2050, utilising both renewable energy and carbon capture technology. The strategy is expected to displace some natural gas and coal used in power plants by 2030, with views for hydrogen to be used for transport, fertiliser, steel and cement. By 2050, Vietnam expects hydrogen will account for 10% of the country’s electricity generation. The country plans to reach peak emissions by 2030 and become carbon neutral by 2050.
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