Vietnam begins coal import from US
Vietnam has received its first coal shipment from the U.S., paving the way for further imports amid rising demand to produce electricity. Over 21,700 tons arrived this month in the northern province of Quang Ninh from California, state-owned coal mining company Vinacomin said in a statement on Wednesday. The second batch is scheduled to arrive […]
Siemens Gamesa Scores Double Order for 165 MW in Vietnam
Siemens Gamesa has scored a double order, including one for the largest nearshore wind farm in Vietnam, as the country quickly advances on its renewable ambitions. The two deals, with 75 MW and 90 MW at the Tan Thuan and Thai Hoa wind farms respectively, will use the SG 5.0-145 turbines, which are among the most […]
Vietnam develops the Renewable Energy Industry
In the last decade, there is rapid growth in the energy industry in Vietnam. The need to use electricity in Vietnam has increased significantly due to an increase in the country’s economic growth. According to the National Load Dispatch center for Vietnam, the Average electricity consumed per day is 615 million kWh in the first months […]
PetroVietnam to foray into renewables, eyes 900 MW by 2035 – report
July 13 (Renewables Now) – State-owned group PetroVietnam plans to step on the renewable energy stage by deploying 900 MW of renewables capacity by 2035, with an interim goal of 100 MW by 2025, Reuters reports. The oil firm, previously known as Vietnam Oil and Gas Group, will undertake the plan as crude oil production in Vietnam […]
Vietnam first-half coal imports surge to record high as power demand grows
HANOI (Reuters) – Vietnam’s coal imports in the first half of this year surged by more than 50% to a record high, government data showed on Monday, mostly to feed the country’s growing number of coal-fired power plants. Coal imports in the January-June period rose 53.8% from a year earlier to 31.57 million tonnes, the Customs […]
Vietnam striving to minimize impacts of climate change
Until now, Vietnam has finished its program to cope with climate change, creating a strong foundation for the observation of national commitments to the Paris Agreement, including reducing 8 percent of greenhouse gases from 2020 – 2030 or 25 percent with the aid of international organizations. In order to carry out this program, Vietnam needs […]
PetroVietnam earns 12.2 billion USD in revenue in H1
Hanoi (VNA) – The Vietnam Oil and Gas Group (PetroVietnam) reported total revenue of 283.5 trillion VND (12.2 billion USD) in the first half of this year, contributing 32 trillion VND to the State budget. Total oil production in the period reached 10.73 million tonnes of oil equivalent, exceeding by 4.2 percent the six-month plan and equal to 52.7 percent of […]
Vietnam continues to add more wind power
In Vietnam, we are thrilled to see non-stop good news for the industry over the past few weeks: the additional 7GW of wind farm projects being approved by the government in the PDP 7; the passing of the DPPA rules; as well as the ongoing process for the FIT2 of wind energy in post 2021. […]
