In bittersweet move, Vietnam approves second feed-in-tariff scheme for solar
Vietnam has signed off its much-anticipated solar support scheme, bringing developers bittersweet relief amid the ongoing coronavirus pandemic. Meanwhile, solar’s future in the country hinges on Hanoi’s next move.
Vietnam finally unveils new FITs for large-scale, rooftop, floating PV
Hanoi has set new feed-in tariff rates for utility-scale, rooftop and floating PV projects, ending a long period of policy uncertainty. The government has announced the new rates, which are broadly in line with industry expectations, roughly 10 months after the expiration of its old tariffs.
Blackstone Minerals and Korean cathode supplier in Vietnam nickel processing alliance
Blackstone Minerals (ASX: BSX) will get a A$6.8 million injection from South Korea’s largest nickel-rich cathode materials manufacturer EcoPro as the two companies agree to work together to develop a downstream nickel processing plant in northern Vietnam.
Thai Super Energy to pick controlling stake in Vietnamese assets for $457m Read more at: https://www.dealstreetasia.com/stories/thai-super-energy-vietnam-183238/
Thai power group Super Energy Corporation will be acquiring four solar power assets in Vietnam at a transaction value not exceeding $457 million, it said in a regulatory filing.
Policies needed to encourage investment in waste-to-energy
Vietnam needed to develop policies to encourage investments in waste-to-energy, also called bioenergy, which would significantly contribute to protecting the environment, experts have said.
Vietnam’s Dung Quat oil refinery cuts output on virus-hit demand
Vietnam’s Dung Quat oil refinery plans to cut output because of weaker domestic fuel demand caused by the coronavirus oubreak, the facility’s operator said on Friday.
Aboitiz Power drops acquisition in Vietnam
The international investment subsidiary of Aboitiz Power Corporation has abandoned its planned $46 million wind power acquisition in Vietnam due to snags in the completion of deliverables of the relevant parties as set on prescribed deadline dates.
Companies request cheaper power to overcome coronavirus impacts
Businesses are proposing a reduction in power prices to help them overcome challenges brought about by the Covid-19 pandemic. The Ho Chi Minh City People’s Committee had recently proposed the government lower electricity prices by half during peak hours from March to May to help businesses at this time of crisis.
