Vietnam may cut FITs for large scale solar 20%
Vietnam’s Ministry of Industry and Trade has submitted a draft proposal to cut feed-in tariffs (FITs) for large scale solar projects by 20%, according to the Energy Conservation Center research institute in Ho Chi Minh City. The draft measure proposes applying FIT levels for the whole nation rather than varying payments geographically to drive new […]
Pestech inks agreement to enter Vietnam waste-to-energy project
KUALA LUMPUR (Sept 23): Pestech International Bhd is exploring the possibility of participating in waste-to-energy (WTE) development projects in Cu Chi, Vietnam. In a bourse filing, the group said its wholly-owned subsidiary Pestech Power Sdn Bhd (PPW) has signed a memorandum of understanding (MoU) with TASCO Cu Chi Environmental Ltd (TCC). “The company believes that […]
Vietnam state utility EVN to borrow $278 mln to expand hydro plant
HANOI, Sept 25 (Reuters) – Vietnam’s state-run utility EVN will borrow up to 6.45 trillion dong ($278 million) to expand a hydroelectric plant near Hanoi, the government said on Wednesday, as the Southeast Asian country grapples with a looming shortfall in its power supply. The expansion of the 25-year-old Hoa Binh plant, by 480 megawatts […]
Dong Nai plans mega solar power production on Tri An lake
Government planners in the southern province of Dong Nai are asking the Ministry of Industry and Trade for permission to develop eight solar power projects with total capacity of 5,400 MW on the Tri An Lake, a manmade lake created by the 400 MW Tri An Hydropower Plant, over 100 kilometers (62 miles) to the […]
Banks now keen on green credit
The Japan Bank for International Cooperation (JBIC) and the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) signed a $200-million loan agreement two months ago in a cooperative effort to finance green energy projects in Vietnam, contributing to Vietcombank’s green growth and environmental protection plan. Green credit as a global trend has played […]
Vietnam, Fastest-Growing Carbon Polluter, Urged to Shift Cargo From Land to Water
World Bank report analyzed eight solutions that Vietnam could test to decrease transportation’s greenhouse gas emissions, from use of public transit, to an increase in biofuels HO CHI MINH CITY — Carbon emissions are growing faster in Vietnam than any other country in the world, according to a recent analysis of world energy by oil and […]
Việt Nam’s energy transition faces challenges
Việt Nam News talks to Vietnamese and Danish lawmakers and experts about barriers that Việt Nam has faced in energy transition to reach sustainable development goals, experience from Denmark and the two countries’ partnership in the field. Lê Hồng Tịnh, vice chairman of National Assembly’s Committee of Science, Technology and Environment image: https://aseanenergy.org/wp-content/uploads/2023/10/39279_FullSizeRender-19.jpg Việt Nam has […]
Vietnam to start construction of Thi Vai LNG terminal in October
State-run PetroVietnam Gas and its partners plan to start construction of one of the country’s first LNG terminals at Thi Vai in southern Vietnam in late October, an official with parent company PetroVietnam said. The Thi Vai LNG terminal is one of at least two new LNG import facilities under development that would make Vietnam […]
