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 […]
Việt Nam offers tremendous investment opportunities: VinaCapital CEO
HCM CITY — Consumer goods, healthcare, energy, construction materials, infrastructure, and technology are among the sectors with enormous potential for investment in Việt Nam once the COVID-19 pandemic subsides, an expert has said. Don Lam, co-founder and CEO of fund management company VinaCapital, recently spoke to a group of Korean investors through video conferencing about Việt […]
Ministry calls for allowing private investment in power transmission
The Ministry of Industry and Trade wants private investments allowed in power transmission, now a state monopoly, as demand surges in a booming economy. It has proposed that the new Public-Private Partnership (PPP) Bill should have provisions allowing private companies to invest in transmission lines and substations connecting power plants with the national grid.
Energy in ASEAN: Renewable Energy in Vietnam
The combined gross domestic product (GDP) of the 10 member states of the Association of Southeast Asian Nations (ASEAN) stands at $2.8 trillion—equivalent to ranking fifth in the world’s largest economies1. Although the impacts of the COVID-19 pandemic on the region are highly uncertain at the time of writing, the pre-COVID-19 expectation was for GDP […]
Embassy of Finland supports Waste-to-Energy Plant Bac Ninh Province stuy
Embassy of Finland published an official statement regarding the latest project to support Thang Long Energy Joint Stock Company with EUR 110 000 to study the Environmental and Social Impacts of large-scale Waste-to-Energy Plant in Bac Ninh Province, Vietnam. The Fund for Local Cooperation (FLC) Application and Funding was approved after detailed consultations and several rounds […]
