ADB secures 144MW Vietnamese financing
The Asian Development Bank (ADB) has secured a $116m (€95.1m) green loan to build and operate three 48MW wind farms, totaling 144 MW, in Quang Tri Province, Vietnam.
Enterprize Energy launches first floating lidar survey in Vietnam
Enterprize Energy commissioned geo-data specialist Fugro and local partner PetroVietnam Technical Services Corporation (PTSE) to install the first floating LiDAR survey technology in Vietnamese waters at the site of the 3.4GW Thang Long offshore windfarm. This is the first time such technology has been used in Vietnam.
Kerlink, Cloud Energy to build IoT solutions for rural Vietnam
Kerlink is teaming up with Vietnamese IoT startup Cloud Energy in building new solutions to meet demand for IoT services in rural areas around Ho Chi Minh City (HCMC), expanding on their earlier collaboration on smart-building and energy-management projects in the city of nearly 9 million people.
Vietnam’s energy giant sets ambitious revenue of $1.2 billion
Last year, PV Power’s total commercial power output reached nearly 19.2 billion kWh. The group also earned more than VND30.2 trillion of revenue and pre-tax profit of VND2,875 billion.
AFD provides US$100 million green credit to Vietnam
The Bank for Investment and Development of Vietnam (BIDV) has signed an agreement to receive a long-term US$100 million credit line for environmental protection, climate change response and green growth as part of French development agency AFD’s Sustainable Use of Natural Resources and Energy Finance (SUNREF) initiative.
IFC financing two wind power projects in Vietnam
The International Finance Corporation (IFC), a member of the World Bank Group, is funding the development and construction of two wind power projects in central Vietnam as the country transitions to cleaner low-carbon power generation to help meet the growing demand for electricity.
Vietnam wind power sector attractive to investors
With an increasing demand for electricity in Vietnam, the wind power construction sector has flourished, with local and foreign firms getting in on the action.
Hanoi firm urges stronger push towards clean energy buses
The Hanoi Transportation Corporation (Transerco) has proposed that 15-20 percent of buses operating in the city run on clean energy by 2025.
