Twenty-eight wind power plants have qualified for the incentive feed-in tariff for early operation which the government offered to stimulate investment in renewable energy.

Enterprize Energy Group has secured a licence from the Vietnamese government to survey the site of the up to 3400MW Thang Long offshore wind farm off the coast of Vietnam. The site is located at Ke Ga Cape off Binh Thuan province in the south of the south-east Asian country. Surveys will cover a 2800 […]

Ninh Thuan (VNA) – The 35MWp Nhon Hai – Ninh Thuan Solar Farm was inaugurated in the south-central province of Ninh Thuan on July 9. The project was invested by the LICOGI 16 JSC at a cost of 750 billion VND (nearly 32.5 million USD). Device installation was completed in late May and it was connected to the national grid one month […]

A solar power plant in Mộ Đức District, central province of  Quảng Ngãi \began operation in April. — VNA/VNS Photo Phước Ngọc. HÀ NỘI — Electricity of Việt Nam (EVN) has been speeding up completion of 61 solar power projects so that by the end of next month as many as 88 solar power plants will connect to the national […]

Numerous areas across Vietnam have been experiencing blackouts due to elevated power consumption breaking historical records during the June heatwaves. The Electricity of Vietnam’s (EVN) National Load Dispatch Centre (NLDC) said the electricity demand across Vietnam has broken a new record on June 21, with 42,146MW.

If you’ve ever checked the label on that new shirt you just bought, there is a good chance that it was made in Vietnam. After years of rapid growth, the country is now the world’s second-largest exporter of textile and garment after China. Textile and garment manufacturing accounts for no less than 16 per cent of Vietnam’s […]

ABOITIZ Power Corp. is looking at acquiring renewable energy (RE) projects that are under development in Vietnam with capacities of between 50-100 megawatts (MW) each to take advantage of the feed-in tariff (FiT) scheme being offered in the Southeast Asian country. Erramon I. Aboitiz, president and chief executive officer of AboitizPower, said the company is […]

The international investment subsidiary of Aboitiz Power Corporation has abandoned its planned $46 million wind power acquisition in Vietnam due to snags in the completion of deliverables of the relevant parties as set on prescribed deadline dates.

While it was initially hamstrung by the niggling health crisis, Aboitiz Power Corporation indicated that it will still advance its planned investment expansion in the Southeast Asian region – specifically in Vietnam, Indonesia and Myanmar.

ABOITIZ Power Corp. said Friday that a unit signed a deal to buy for around $46 million a Vietnamese company with a 39.4-megawatt (MW) onshore wind power facility. In a disclosure to the stock exchange, AboitizPower said a share purchase agreement was signed by its wholly owned subsidiary AboitizPower International Pte. Ltd., which will buy […]