Expert: there is no cheap clean electricity
Solar power systems can generate electricity for no more than four hours a day and wind power is unstable, which means that clean electricity will not be cheap, according to Bui Xuan Hoi, a respected energy expert.
PV Power reports July revenue of 2.06 trillion VND, projects further growth in August
Hanoi (VNA) – The PetroVietnam Power Corporation (PV Power) logged some 9,411.7 million kWh in total electricity output between January and July, with an estimated total revenue of more than 17.99 trillion VND (721.78 million USD).
$92mn waste-to-energy plant project lags behind schedule in southern Vietnam
A waste-to-energy plant project, worth almost VND2.3 trillion (US$92 million) in investment in Dong Nai Province, southern Vietnam, was approved in 2022 but its feasibility study remains incomplete and the investor has yet to be chosen.
INDEFOL SOLAR Signs MOU with Adidas for Renewable Energy Deployment in Vietnam
INDEFOL SOLAR has entered into a Memorandum of Understanding (MOU) with global sportswear giant Adidas to implement a Direct Power Purchase Agreement (DPPA) scheme in Vietnam. The collaboration is set to deploy up to 600 GWh per annum of renewable energy, unlocking $600 million in green financing opportunities.
Proposed Law reinforces state monopoly in nuclear power and hydropower projects
The draft amendment to the Electricity Law proposes that the State will retain exclusive rights over the investment and construction of nuclear power plants, marking a significant development in Vietnam’s energy sector.
Sluggishness of LNG-to-power projects can undermine Vietnam’s energy security: ministry
LNG-fired electricity is set to play an essential role in the socio-economic development and national energy security in Vietnam, however, LNG-fired power projects in Vietnam are facing a series of obstacles.
Samsung seeks support to boost renewable energy use in Vietnam
Electronics giant Samsung Vietnam has proposed that the Vietnamese government facilitate its enhancing the use of more renewable power for production in Vietnam at reasonable costs.
Chinese EV maker sees Vietnam as key market in Southeast Asia
Chinese electric vehicle (EV) maker BYD has chosen Vietnam as a key market for its development in Southeast Asia, Vo Minh Luc, CEO of BYD Auto Vietnam, has said.
