Vietnam ranks low in clean energy adoption
In the bottom half of a global, clean energy transition ranking, Vietnam languishes far behind many of its neighbors. Vietnam placed 65th out of 115 economies in 2020 Energy Transition Index, released by World Economic Forum (WEF), down nine spots from last year to continue lagging behind many other Southeast Asian countries.
Vietnam chose Vestas for 2 wind projects
The Danish wind turbines producer Vestas published an official statement on A 67 MW order for two projects in Vietnam, from their Asia Pacific platform in Singapore on 24 April 2020. Vestas will supply, transport, install and commission a total of 16 V150-4.2 MW wind turbines delivered in different power ratings to optimise the projects’ energy […]
Pharos Energy Lowers 2020 Egypt Guidance As Activity Scaled Back
Pharos Energy PLC said Tuesday it has continued production operations in Vietnam and Egypt for the first quarter of 2020 despite the global virus pandemic, however guidance for 2020 has been affected, with lower output anticipated from Egypt. For the three months to the end of March, the oil & gas firm reported net working […]
Solar photovoltaics equipment market in Vietnam is forecast to cross $ 3.7 billion by 2025
Solar photovoltaics equipment market in Vietnam is forecast to cross $ 3.7 billion by 2025. Growth in the market is anticipated on account of increasing electricity demand from industrial, commercial as well as residential end user segments. With favorable initiatives taken in the solar sector by the Government of Vietnam, an increasing number of investors […]
Japan’s Renova takes part in 144 MW wind portfolio in Vietnam
May 11 (Renewables Now) – Japanese renewable power producer Renova Inc (TYO:9519) announced on Friday it is taking part in the construction of 144 MW of onshore wind parks in Vietnam. The Tokyo-based company has entered into a 40/60 partnership with local power producer Power Construction Joint Stock Company No. 1, also know as PCC1, to implement […]
Vestas signs two Vietnam wind deals
Vestas Wind Systems A.S. has secured a new order for two wind projects totaling 64 megawatts in Vietnam, Kallanish Energy reports. Both projects are located in mountainous terrain in Quang Tri province, the Denmark-based company said. The wind projects are owned by local companies: Huong Tan Wind Poser Joint Stock Co. and Tan Linh Wind Power Joint Stock Co.
Investors concern about wind power development
Việt Nam may not be meeting its development potential to exploit wind power to provide energy to the country. A report has been released by the Ministry of Industry and Trade (MoIT) outlining the current power produced nationwide through wind farms.
PM asks nation to save electricity
Prime Minister Nguyễn Xuân Phúc has called for the country to save at least 2 per cent of total energy consumption each year. Under Directive 20/CT-TTg aimed at saving power from 2020-2025, all Government offices have been asked to collaborate with electricity suppliers to implement a plan to save 5 per cent of total energy consumption […]
