Massive investment in wind power plants could overload grid: experts
The rush to invest in wind energy to take advantage of the Government’s pricing incentives could lead to overloading of the national grid in a repeat of the solar scenario, experts warn. HCM City (VNS/VNA) – The rush to invest in wind energy to take advantage of the Government’s pricing incentives could lead to overloading of the national grid in […]
Citibank, ING to arrange funds for LNG-fired power units in Vietnam
HANOI (Reuters) – PetroVietnam Power Corp has signed a deal to allow a consortium of Citibank and ING Bank [INGBK.UL] to arrange funds for its project to expand a gas-fired power complex in southern Vietnam with two new units, the company said. The funds will be used for the construction of the 1,500-megawatt (MW) total […]
Vietnam Goes Big on Solar Power
Solar power is making a strong showing in Vietnam after years of shuttling from one extreme to the other, with the nation looking sometimes like it would revert to coal, and other times like it would invest in renewable energy. By the end of last year Vietnam had surpassed Malaysia and Thailand to reach the […]
NSG’s Solar Glass Float Furnace in Vietnam Starts Operation
NSG Group recently started the operation of its float furnace for the production of transparent conductive oxide (TCO) coated glass for solar panels. The previously dormant float furnace was upgraded as part of the plan announced in May 2018 to expand production capacity of TCO glass to support the growing solar market. The restarted float […]
Solarwatt and Aone implement large-scale solar PV project in Vietnam
German solar PV company Solarwatt is partnering with Aone Deutschland AG to deliver a 2.7 MW photovoltaic installation in Vietnam consisting of 8,424 modules for a local water supply plant on the Song Duong River. Solarwatt is working on the project with Aone Deutschland AG, the investor and operator of the plant, located on the outskirts of the Vietnamese […]
The Norwegian ambassador in Hanoi proposes wind energy as Vietnam’s new energy source
The Norwegian ambassador in Hanoi Grete Lochen was present at the Vietnam Onshore Offshore Wind Summit 2020 in Hanoi to deliver the opening speech. A recurring theme in the ambassador’s speech was ‘collaboration and sustainability in the act of going green’, referring to Vietnam’s new ‘Green Growth Strategy’ that promotes the process of improving the […]
Outside Looking In – UK investment set to power up Việt Nam’s renewables programme
Brian Spence explains how his old and new homelands are increasingly converging in the investment sphere, particularly in renewable energy. S&P Investments takes a genuinely global view as an M&A broker, and we naturally have strong links to the UK due to my having spent decades in the financial services sector before making Việt Nam […]
World Bank Issues its First ‘Green Loan’ For Environmental Businesses in Vietnam
A division of the World Bank has just made its first so-called “green loan” to a bank in Vietnam, meant for businesses to help with environmental problems in a nation that has one of the world’s highest emissions rates relative to its economy. Vietnam has a fast growing economy but also has a fast growing […]
