What is Vietnam’s Mining Capacity for EV Batteries?
Vietnam has an abundance of high-quality nickel reserves that, in recent years, have become increasingly attractive to international mining companies. The electric vehicle explosion has engendered soaring demand for raw materials, such as nickel, which is a key component in the lithium-ion batteries that power electric motors. Now, with the combined plans of Australian mining […]
What’s Driving Vietnam’s Renewable Energy Boom?
In 2014, the installed capacity of non-hydroelectric renewable energy in Vietnam (such as solar, wind and biomass gasification) stood at 109 megawatts (MW), about one third of one percent of the country’s total installed capacity of 34,079 MW. At the time, Vietnam’s electricity mix was dominated by hydropower (46 percent), coal (29 percent) and natural gas (22 […]
Where next for renewable energy?
According to experts, national energy transition process requires comprehensive and synchronised policies. Đỗ Đức Quân, Vice Director General of the Electricity and Renewable Energy Authority under the Ministry of Industry and Trade, speaks to Việt Nam News reporter Nguyễn Linh Anh about how to promote efficient and sustainable energy transition in Việt Nam. To encourage the use of renewable […]
Why Investors Should Consider Vietnam’s Electric Vehicle Market
The electric vehicle market in Vietnam has not garnered as much attention compared to other countries in the region and globally, but this doesn’t mean that opportunities are not there. Electric vehicles are an irreversible trend and will be the future as governments move towards clean energy and consider the environment. This means that investors […]
Will climate change spell the end of coal and hydropower in the Mekong?
This year has been rough for the 70 million people who call the Mekong River basin home: a severe drought rocked the region for months before yielding to deadly flooding. The Mekong slowed to its lowest level in recorded history, knocking the world’s largest freshwater fishery—Cambodia’s Tonle Sap Lake—out of balance. The drought hurt the region’s fishing and farming […]
Will Vietnam’s new energy policy mark a turning point for coal?
Vietnam’s government faces crucial choices as it draws up a new national energy plan for 2021-2030. Due to be published this summer, the Power Development Plan 8 will provide a vision for power supply up to 2045. Experts are hoping that Vietnam will use the plan to further its position as a renewables leader in […]
Wind energiy boom in Tra Vinh, Vietnam
The Mekong Delta province of Tra Vinh is witnessing a series of wind power projects settling in the province thanks to its favourable position, with total investment exceeding VND42 trillion ($1.8 billion). Among them is the 48 MW windpower plant project invested by Truong Thanh Vietnam Group JSC in co-operationwith Sermsang Power Corporation. The project […]
Wind energy in Vietnam, Vestas’ wind turbines for 48 MW wind farm
Vestas has secured a 48 MW order with Vietnamese developer, Phong Lieu Wind Power JSC for a wind project located in the Quang Tri Province of Vietnam. This win marks Vestas’ eighth wind project in the province, bringing its footprint in this area to over 300 MW and to a total of almost 700 MW […]
Wind energy in Vietnam, wind turbines in Bac Lieu
The construction of two wind farms with a combined capacity of 100 MW began in Hoa Binh district of the Mekong Delta province of Bac Lieu on July 26. The wind power plants are built with a total investment worth over 5.22 trillion VND (about 226.66 million USD). They are expected to generate about 400 million […]
Wind energy in Vietnam: targeting 6 GW of installed wind power capacity by 2030
The Global Wind Energy Council (GWEC) has launched a Policy Pulse report on Vietnam, which provides qualitative analysis of the political and macroeconomic headwinds steering the wind power sector and the measures needed to unlock greater wind power potential. Vietnam has one of the fastest-growing energy consumption rates in South East Asia, with a growing […]