Thai firm buys two wind power farms in VN across from Cambodia
Thailand’s Gulf Energy Development Plc has announced the purchase of two wind power farms worth $200 million in Vietnam. The move aims to take advantage of low building costs and a quick return on investment. The company reported to the Stock Exchange of Thailand that it entered into a share purchase agreement with Dien Xanh Gia Lai […]
35Mwp solar power farm opens in Ninh Thuan
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 […]
Vietnam yet to optimize renewable energy utilization as shortages loom
Vietnam is struggling to fully utilize the potential of renewable energy because of policy roadblocks even though power shortages are expected in upcoming years. In the central province of Ninh Thuan, one of the solar power hotspots in the country, nine of 15 operating solar projects are running at just 30-60 percent of their maximum […]
Vietnam’s 7GW wind energy ambitions
On June 25, 2020, the Vietnamese Prime Minister published a list of 91 approved-in-principle wind power projects with an estimated energy generation capacity of seven gigawatts (GW). The announcement underlines Vietnam’s ambitions to be a leading jurisdiction for wind energy development opportunities in Asia – joining Taiwan, Japan, and Korea.
Gulf Energy Development PLC buys two wind power farms in Vietnam
The Gulf Energy Development PLC of Thailand has announced the purchase of two wind power farms worth about 200 million USD in Vietnam, in order to take advantage of low interest rates as it seeks projects with a quick return on investment. The Gulf Energy Development PLC of Thailand has announced the purchase of two wind […]
UK firm gets charged up over solar energy potential in Vietnam
UK power firm Shire Oak International sees Vietnam as a key market, given huge demand and the government’s robust support for renewable energy. The renewable energy developer’s entry to Vietnam was prompted by several favorable conditions in the country to boost production of solar power, the company’s founder Mark Shorrock told VnExpress. Shire Oak International currently […]
EVN to allow QR-code payment from September
Hanoi (VNA) – The Vietnam Electricity (EVN) plans to get connected with banks and other organisations by the end of August to allow customers to pay electricity bills through QR-code from September this year. According to Nguyen Quoc Dung, head of the EVN Business Department, the application of payment through QR-code is part of the firm’s efforts to realise […]
Sharp Energy Solutions completes solar power plant in Vietnam
Sharp Energy Solutions Corporation (SESJ) has completed the construction of a mega solar power plant in Ninh Thuan Province, Vietnam. With an output of nearly 45MW DC, SESJ developed the project by collaborating with several other partners. These include T&T Group, Joint Stock Company of Vietnam, and its affiliate Ninh Thuan Energy Industry (JSC).
