Italy’s power utility Enel has become the latest international energy investor to scrap plans for participating in the energy transition of Vietnam. According to unnamed sources who spoke to Reuters, Enel has decided to exit Vietnam’s wind and solar markets, with one source attributing the move to a broader company reorganization. Earlier this year, Norway’s Equinor scrapped plans to invest in offshore wind in Vietnam. Wind turbine major Orsted also revised its plans for Vietnam, pausing a large-scale offshore development amid…
