Huadian Group, a Chinese state-owned enterprise, has revealed its plan to invest $440 million in Vietnam's central province of Quang Tri to produce green hydrogen and methanol. The investment proposal, presented by a Huadian delegation and its Vietnamese partner Minh Quang JSC, covers the initial phase of the project. The Chinese firm aims to construct a 265-MW wind farm, an 80-MW solar farm, and a 30-MWh battery energy storage system to facilitate the production of 12,000 tons of green hydrogen and 100,000 tons of methanol annually. The proposal emphasizes Huadian Group's experience in developing various projects in China and its commitment to sustainable energy development. Local authorities in Quang Tri have welcomed the investment, citing the province's current energy portfolio of 1,000 MW, which includes solar, wind, and thermal power. The Secretary of Quang Tri's Party Committee highlighted the advantages of the project and urged cooperation with the firm to expedite the project's implementation. Furthermore, Quang Tri is poised for additional renewable energy development based on the national Power Development Plan VIII for 2021-2030, which identifies the potential for an extra 600 MW in renewable energy. Huadian Group's previous investments in Vietnam, such as a 200 MW wind power plant and a $2 billion thermal power plant, demonstrate its commitment to the country's energy sector and sustainable development.