Vietnam: Corporate Direct Renewable Energy Deals In Vietnam Move Closer
Corporate renewable power purchase deals are a step closer to reality in Vietnam following a proposal from the Ministry of Industry and Trade (MOIT) recommending the Prime Minister approve a so-called DPPA pilot project this year. In Proposal 544 dated 21 Jan 2020, the MOIT gave its formal recommendation to the PM to approve a […]
Son La hydropower company aims to produce more electricity in 2020
Hanoi (VNA) – Son La hydropower company has set a target of producing over 11.7 billion kWh of electricity in 2020, up about 2.5 billion kWh compared to the previous year. Director Khuong The Anh said his firm, which manages the Son La and Lai Chau hydropower plants, will strive to ensure safe and effective operation […]
Vietnam to use more coal, oil in 2020 to power growth: government
HANOI (Reuters) – Vietnam will generate more electricity from coal and oil this year to compensate for an expected drop in output from hydropower plants because of a lack of rain, the government said on Friday. The Southeast Asian country, which has one of the fastest-growing economies in Asia, is increasingly reliant on climate-warming fossil […]
World Bank offers to resolve Vietnam’s solar power dilemma
The World Bank has offered solutions for Vietnam to prevent a recurrence of its grid capacity shortage caused by indiscriminate licensing of solar plants. Last year 91 solar farms with a total capacity of 4,550 MW began operations. Most were built before June 30 to take advantage of a price incentive. But the surge in output […]
Solar Power Surges In Vietnam, Dimming Prospects For New Coal Plants
Economics is a strict mistress. As China and the US wrestle over which country will dominate the world, Vietnam is the beneficiary. Chinese workers have rising expectations which lead to higher wages. Manufacturers are anxious to insulate their supply chains from the effects of trade and tariff wars. Vietnam can often offer lower wages than […]
Deputy PM hosts investors interested in LNG power development in Vietnam
NDO/VNA – Deputy Prime Minister Trinh Dinh Dung on February 11 received a group of investors from the US and the Republic of Korea who are interested in liquefied natural gas (LNG) power development in Vietnam. At the reception in Hanoi, the Deputy PM acknowledged the serious intention of the investors, and affirmed that the […]
Quang Tri aims to become regional energy centre by 2025
Quang Tri (VNA) – The central province of Quang Tri is working to attract investment to realize its target of becoming an energy centre of the central region by 2025. Vice chairman of the provincial People’s Committee Nguyen Quan Chinh said Quang Tri is giving priority to investment in wind, power, gas and thermal power. The […]
Gunkul Engineering acquires 60 MW of solar in Vietnam
February 10 (Renewables Now) – Thailand-based Gunkul Engineering Pcl (BKK:GUNKUL) last week announced the purchase of two solar power farms in Vietnam with a combined capacity of 60 MWp. The Tri Viet 1 Solar Power Plant and Bach Khoa A Chau 1 Solar Power Plant, each with a capacity of 30 MWp, are operational since […]
