Wind power fuels green growth in Vietnam: IFC
Despite Vietnam’s huge potential, by the end of 2020, wind power accounted for less than 1 per cent (or 670MW) of the nation’s total installed capacity.
Mitsubishi to invest in 600-MW Laos wind project
June 16 (Renewables Now) – Japan’s Mitsubishi Corp (TYO:8058) will invest in a 600-MW onshore wind farm project in Laos that will supply electricity to Vietnam.
Record’ 97GW of wind energy added in 2020
The wind sector added 97GW of capacity in a record-setting 2020, according the BloombergNEF’s 1H 2021 Global Wind Market Outlook. BloombergNEF expects strong, albeit lower, build of 88GW in 2021. However, from 2022, onshore additions will plateau and most growth will come from offshore, the report forecasts.
Cars face barriers in Vietnam
Car exports to Vietnam can expect to face non-tariff barriers after the country, the biggest importer within Asean of pickups and passenger cars from Thailand, prepares to enforce the new Euro 5 emission standard from Jan 1 next year.
Ministries support incentives for electric cars
Two ministries have voiced support for tax incentives for electric vehicles that dovetails with the government’s goal of reducing emissions.
Vietnam’s May coal imports decline
Vietnam’s coal imports nearly halved in May from a year earlier, as a steady rise in hydropower and renewable energy output pressured coal burn.
Vietnam Boosts Wind Power in Soc Trang Province
This information was released during a working meeting between the secretary of the Communist Party Committee in Soc Trang, Lam Van Man, and the managers and workers who work on these projects.
Vietnam may have to reduce renewable power in next five years: institute
Hanoi (VNS/VNA) – It is likely that Vietnam will have to reduce renewable energy sources in the next five years, as booming development in recent years was weighing on the power system, according to a recent report by the Institute of Energy.
