Green transformation crucial for adaptation to climate change
Quang Ninh (VNA) – Green transformation for energy and water resource security in the Mekong Sub-region is crucial for Vietnam, Laos and Cambodia to respond to climate change, experts said at a seminar held in the northeastern province of Quang Ninh on October 16. The event was jointly held by the Vietnam Academy of Social […]
Sharp builds Vietnam’s 1st mega solar plant
TOKYO-Sharp Corp has built a solar power plant with a total solar panel capacity of about 48MW in Thua Thien Hue Province, Vietnam. According to Sharp, it is the first mega (large-scale) solar power plant in Vietnam. Sharp Energy Solutions Corp (a subsidiary of Sharp in Yao City, Osaka Prefecture), the Thanh Thanh Cong Group […]
Vietnam strives to ease energy pressure
HCM City (VNA) – Experts have suggested Vietnam build a balanced energy structure by developing renewable energy, given the increased energy demand in the country. Statistics show Vietnam uses a great deal of energy, with the industrial sector consuming the most at 47.3 percent of the total. The southern region faces a severe shortage of electricity […]
Vietnam to open electricity wholesale market next year
Deputy Minister of Industry and Trade Hoang Quoc Vuong spoke about the development of the marketplace at a recent meeting in Ha Noi. Vuong said the development of a competitive electricity market is a long-term plan for Viet Nam’s electricity sector as mandated in the 2004 Electricity Law. The details of the plan were specified […]
World Oil Prices Help Vietnam Expand an Already Fast-Growing Economy
An increase in world oil prices is helping Vietnam earn money that will quicken its already fast economic growth and may help the country build new infrastructure. The only red light: higher fuel prices among Vietnam’s consumers. Vietnam, though not a major oil-producing nation like much of the Middle East, has counted energy-related commodities as […]
AC Energy adds a further 80MW of solar projects in Vietnam
Renewables firm AC Energy, a wholly owned subsidiary of Philippines-based industrial firm, Ayala Corporation has announced a further 80MW of solar projects in Vietnam, soon after detailing a 300MW pipeline in the country. AC Energy said that its joint venture with AMI Renewables Energy would include a total of 80MW of PV power plants in […]
First waste-to-energy plant in Can Tho begins trial operation
Can Tho (VNA) – The first waste-to-energy plant in the Mekong Delta city of Can Tho began trial operation on October 15. The plant is invested by China’s Everbright International and operated by the Can Tho Everbright Environmental Protection Holdings Ltd (EB Can Tho). Construction of the plant started on June 30, 2018. The project […]
Foreign investors see more chance to step in Vietnam’s oil refinery
The recent withdrawal of Vietnamese groups from billion-dollar oil refinery projects is paving the way for potential foreign investors, especially those from Thailand and China, to jump in the industry. At a recent meeting with government agencies, Pham Van Thanh, chairman of the Vietnam National Petroleum Group (Petrolimex), proposed to pull out from the South […]
BGRIM clinches VN solar power supply deal with EVN
BANGKOK — B Grimm Power (BGRIM) has clinched an agreement to supply electricity from its solar photovoltaic (PV) farm in Phú Yên Province, Việt Nam, to Electricity of Vietnam (EVN), the largest power company in the country. The conclusion of the 20-year agreement on Thursday in Hà Nội, in the presence of BGRIM Chairman Harald […]
Floating PV to splashdown in Vietnam
A 47.5 MW floating solar power plant is being planned by Vietnamese hydropower producer Da Mi, a unit of Vietnamese power utility Electricity of Vietnam (EVN), at one of its water reservoirs in the south of the country. The Asian Development Bank is now considering financing the project. Meanwhile, Sharp has announced the completion of […]