HANOI, Nov 27 (Reuters) – Power-hungry Vietnam, one of Asia’s fastest-growing economies and a production hub for global companies such as Samsung Electronics, needs to raise up to $150 billion by 2030 to develop its energy sector, according to a World Bank official. Vietnam has been struggling to develop its energy industry due to a […]

The Ministry of Industry and Trade of Vietnam (MOIT) recently submitted Proposal No. 544 to the Prime Minister along with a new draft Decision on approval of the pilot program on direct power purchase agreement (DPPA) mechanisms between renewable energy developers/power generation companies and private power buyers/consumers (Draft DPPA Decision).

Last year, PV Power’s total commercial power output reached nearly 19.2 billion kWh. The group also earned more than VND30.2 trillion of revenue and pre-tax profit of VND2,875 billion.

Trung Nam, Vietnam’s largest wind farm, officially came into operation in Loi Hai and Bac Phong Communes, Thuan Bac District of South-Central Ninh Thuan Province. This Trungnam group project, combined with a 204 megawatt (MW) solar power plant, forms a unique complex of solar and wind energy farms in the nation and in Southeast Asia. […]

In February 2021, the government of Vietnam released a draft of the country’s latest national power development plan, Power Development Plan 8 (PDP 8), for 2021 to 2030. The draft PDP 8 expands wind and solar capacity and increases their shares of the country’s generation mix. The draft PDP 8 also prioritizes enhancing grid infrastructure […]

A power development plan for 2021-2030 with a vision to 2045 would not only meet electricity demand but also more importantly create a strong association between Vietnam and other countries in the region towards a competitive power market.

An agreement signing ceremony to develop a wind power plant project in Savannakhet province was held in Vientiane on July 6 between representatives of the Lao Government and Vietnam’s AMI Renewables Quang Binh Investment Joint Stock Company.

The Industrial University of Ho Chi Minh City (IUH) has launched the first university Smart Grid Lab in Vietnam. The lab will give 350 students a year, at the Electrical, Electronics, Control and Automation Faculties, the opportunity to build the skills they need to address the power network challenges of the future.

CEBU CITY, Philippines –Visayan Electric warns customers of an increase in electricity prices for the billing period of July-August due to high generation rates.

Vivant Energy Corporation has deployed of a 3.0-megawatt generating set to Bantayan Island in Cebu, alleviating brownouts in the island.