Vietnam’s renewables industry looking rosy
This opens up golden opportunities for the private sector to tap into the growing demand, but several bottlenecks must first be solved. The energy industry is now looking to the private sector as a financial, source in order to develop, according to the World Bank In 2018, the Vietnamese renewable power sector fared well, with […]
Vietnam’s solar drive
Vietnam has witnessed a huge rush in solar PV projects development as the validity of attractive feed-in-tariff (FIT) rates ended on 30 June 2019. According to the Vietnam Electricity Group (EVN) as of 30 June, a total of 82 solar power plants with a cumulative capacity of 4.46GW had been connected to the national grid. Because […]
Vietnam’s Solar Industry: Bright Prospects for Investors
In June 2020, Sharp Energy Solutions Corporation (SESJ) completed a mega solar power plant in Ninh Thuan province, which is expected to generate 76,373 megawatt hour (MWh) per year. The plant is the newest addition to SESJ’s five other existing solar power plants in Vietnam.
Vietnam’s solar opportunities shine bright
Vietnam is set for a surge in power demand and consumption over the coming decade, which will stimulate the need for the rapid development of new power capacity. This stems largely from an expanding industrial and manufacturing sector, particularly as the ongoing U.S.-China trade war plays out. This has allowed Vietnam’s government to position itself […]
Vietnam’s trade ministry heeds calls to extend wind power tariff policy, submits proposal to government
Vietnam’s Ministry of Industry and Trade (MOIT) on Friday proposed to the country’s central government to extend the deadline for its feed-in tariff scheme by two years, from the original cut-off date in November 2021 to the end of 2023, according to a source close to the Vietnamese government.
Vietnamese company develops wind power project in Laos
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.
Vietnamese company joins solar power projects in Laos
Vientiane (VNA) – The Wealth Power Group of Vietnam has joined two other partners in developing solar power projects in Champasak and Sekong provinces of Laos. The Vientiane Times reported on September 3 that representatives from Wealth Power Group, National Consulting Group Sole Company and Power Company Limited Thepvongsa signed a deal to this effect at […]
Vietnamese government inks La Gan survey contracts
La Gan Wind Power Development Corporation and the Vietnamese government have signed contracts for survey campaigns for the 3500MW La Gan offshore wind project. La Gan Wind Power Development Corporation signed the contracts with the Vietnamese government agency, Northern Center for Planning and Investigation of Marine Resources and Environment (CPIM), which is working in close […]
Vietnamese intertidal project comes onstream
Modern Energy Management (MEM) has achieved commercial operation for the 48MW Tra Vinh Wind Power (TWPC) intertidal wind farm project in Vietnam on behalf of project investors Climate Investor One and ST International.
Vietnamese market momentum attracts another 100 MW
As the Vietnamese solar market continued to gain momentum – at least until the weekend – announcements of new projects keep pouring in. Saudi Arabia’s ACWA Power has achieved commercial operation of its Vinh Hao 6 Solar project in the province of Binh Thuan and inverter maker SMA said it has inked a contract to […]