CleanTechnica•5 days ago
High-Speed Train Coming to Vietnam Soon
Key Takeaway
The planned high-speed rail in Vietnam represents a substantial new electrical load, creating significant opportunities for power generation and transmission development in the region.
AI Summary
- •Vingroup's VinSpeed and Siemens Mobility have partnered for high-speed rail development in Vietnam, including technology transfer and design.
- •This project represents a substantial new electrical load coming online in Vietnam, driving demand for significant power generation and transmission infrastructure.
- •The development signals a major infrastructure investment trend in Vietnam, potentially opening opportunities for power developers and equipment suppliers to meet future energy needs.
Topics
financinginterconnectoempolicyppasolarstoragetransmissionwind
Article Content
VinSpeed High-Speed Railway Investment and Development Joint Stock Company, a unit of Vietnam’s Vingroup conglomerate, has signed a strategic cooperation and technology transfer agreement with Siemens Mobility GmbH to advance high-speed rail development in Vietnam. The accord, agreed in Hanoi on December 17, establishes a framework for technology transfer, design ... [continued] The post High-Speed Train Coming to Vietnam Soon appeared first on CleanTechnica .