Thai investors beam capital into solar power projects in Vietnam
Hanoi (VNA) – Thai firms are stepping up investment in renewable energy projects in Vietnam, particularly solar power, through merger and acquisition (M&A) deals. B.Grimm Power Pcl has registered to invest 216.7 million USD in the Hoa Hoi solar power project in the central province of Phu Yen, the fourth largest foreign-invested project in Vietnam […]
Electricity sector needs accountability and transparency
Việt Nam raised its retail electricity prices in March after nearly two years without change, but this decision has received mixed responses from the public. Debates on the grounds for the price hike, transparency in tariff calculation and the change’s impact on the whole economy have been taken up on the floor of the National Assembly’s hearings in recent days. The […]
Construction on 50MW wind power plant begins in Bac Lieu
Construction on a wind farm with a capacity of 50MW began in Vinh Hau A commune, the Mekong Delta province of Bac Lieu on June 1, as part of activities during the Vietnam Sea and Island Week and an Action Month for the Environment. Covering a total area of 1,000ha, the Hoa Binh 1 plant […]
Vietnam, US talk power transmission opportunities
Hanoi (VNA) – The Vietnam Electricity National Power Transmission Corporation (EVNNPT) and the US Embassy in Vietnam held a seminar in Hanoi on May 30 to discuss opportunities in Vietnam’s power transmission development. Speaking at the event, Chairman of EVNNPT’s Management Board Dang Phan Tuong said EVNNPT is wholly owned by the State and in charge […]
GLOBAL POWER Electricity supplier eyes solar power plants
Global Power Synergy Plc (GPSC) has set aside an investment budget of Bt3 billion to acquire solar power farms in Thailand with a combined capacity of 40 megawatts this year, the company’s corporate finance and strategy manager Sukitde Chairak said yesterday. She added that by the end of this year, the company will have three […]
Vietnam set to import more electricity from China, Laos
HANOI, May 29 (Xinhua) — Vietnam plans to import more electricity from China and Laos in the coming years as its power supply is running out, Vietnam News Agency reported on Wednesday. Annual electricity imports from China and Laos are expected to increase to 3,000 megawatt (MW) by 2025 and 5,000 MW by 2030 from […]
In Vietnam’s booming energy sector coal reigns, but renewables play catch-up
HANOI/SINGAPORE (Reuters) – Vietnam has become a hot spot for energy investors eying a spend of up to $150 billion over the coming decade to meet surging power demand, with coal set to dominate despite signs of a government effort to go green. FILE PHOTO: Power-generating windmill turbines are pictured at a wind park in […]
New electricity tariffs more renewable: EVN
From 2011-2014, the electric tariffs were divided into seven scales. Then, in 2015 the electric tariffs were reduced to six scales with a hope to make them simpler. The scales were then from 0-50 kW; 51-100kW; 101-200 kW; 201-300 kW; 301-400 kW and from 400 kW upward. According to the EVN, a key purpose of […]
