Better green finance for better environment: Swedish recommendations
Investing in renewable energy is an emerging trend in Việt Nam in response to worsening environmental destruction and the gradual disappearance of essential livelihoods. Việt Nam News talks with Gustav Martinsson, associate professor of financial economics at the Sweden Royal Institute of Technology, about green finance and international experiences that show how Việt Nam’s Government […]
Better infrasturcture is way to absorb surge in renewable energy production: experts
Storing renewable energy in batteries and pumped storage of water to generate power, and improving transmission capacity are keys for Vietnam to foster renewable energy, according to experts.
Beyond the noise: setting the right expectations for Vietnam’s LNG project pipeline
Vietnam is quickly becoming one of the most promising liquefied natural gas (LNG) importing markets in Asia. Industry players—both domestic and global—have voiced their intent to pursue projects in Vietnam, encouraged by the government’s departure from its traditional coal-centric mindset and the rapid penetration of renewable energy in Vietnam’s power mix in recent years.
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 […]
BGRIM debenture funds allocated to green energy drive
B Grimm Power Pcl (BGRIM), Thailand’s leading industrial energy producer with growing overseas presence, has hailed its green debentures offerings as a great success.
BGRIM’s Vietnam solar projects come on line adding 31% to operating capacity
Bangkok, June 13, 2019 – B.Grimm Power Plc (BGRIM), one of Thailand’s largest private power producers, successfully commenced commercial production from its two large solar power schemes in Vietnam with a combined total installed capacity of 677 megawatt during June 3-13, 2019. All of BGRIM’s solar projects in Vietnam were successfully synchronised with the grid […]
BIC Insures Vietnamese Intertidal Project
Vietnam’s BIDV Insurance Corporation (BIC) and Ben Tre Renewable Energy Joint Stock company (BTRE) have signed an insurance contract for the 110 MW Ben Tre V1-3 intertidal wind project. BIC, part of the Bank for Investment and Development of Vietnam (BIDV), will provide insurance during the installation of the BTRE V1-3 Ben Tre wind farm.
Big customers to buy electricity directly from generators
Big customers could buy electricity directly from the generators in a pilot programme to develop a mechanism for a direct power purchase agreement (DPPA).
BIM and Ayala complete Southeast Asia’s largest solar project
Vietnamese company BIM Group and Filipino firm AC Energy have completed and connected to the grid 330MW of PV capacity spread across three projects in Ninh Thuan, Vietnam, with one 250MW plant being the largest solar installation in Southeast Asia to date. Work began on the projects in January 2018 and took around nine months […]
Biofuel consumption rises in HCM City
A survey of multiple HCMC-based filling stations showed that biofuel consumption rose to 40% from the previous 30%, while that of the fossil type RON 95 gasoline declined to 60% from 70%. After the price adjustment, the retail price of E5 biofuel was VND1,500 per liter lower than that of RON 95 gasoline, resulting in […]