Vietnam has potential for 160 GW of offshore wind energy

The Danish Energy Agency (DEA) and the Vietnamese Electricity and Renewable Energy Authority are working together on input for a roadmap for offshore wind power development in the south-east Asian country that has estimated potential for 160 GW. The report aims to help the Vietnamese government take steps to streamline the development process for wind […]

Foreign firms gobble up renewable energy plants in Vietnam

Foreign investors have acquired dozens of solar and wind power plants in Vietnam, but officials say this is a normal practice in a market economy. Thai energy firm Gulf Group recently increased its ownership in two solar power plants in the southern province of Tay Ninh from 49 percent to 90 percent.

Vietnam ranks low in clean energy adoption

In the bottom half of a global, clean energy transition ranking, Vietnam languishes far behind many of its neighbors. Vietnam placed 65th out of 115 economies in 2020 Energy Transition Index, released by World Economic Forum (WEF), down nine spots from last year to continue lagging behind many other Southeast Asian countries.

Vietnam chose Vestas for 2 wind projects

The Danish wind turbines producer Vestas published an official statement on A 67 MW order for two projects in Vietnam, from their Asia Pacific platform in Singapore on 24 April 2020. Vestas will supply, transport, install and commission a total of 16 V150-4.2 MW wind turbines delivered in different power ratings to optimise the projects’ energy […]

Air Products to invest up to $2bn in coal-to-methanol production facility in Indonesia

American gas and chemical supplier Air Products is set to invest up to $2 billion (£1.6bn) in a coal-to-methanol production facility in Indonesia. Investment holding company PT. Bakrie Capital Indonesia and coal infrastructure company PT. Ithaca Resources will supply coal to the facility and sell the produced methanol within Indonesia – Air Products will build, own and operate […]

CORRECTED-Indonesia govt allows Pertamina to sell unblended diesel to fuel importers

JAKARTA, May 18 (Reuters) – Indonesia’s Energy and Mineral Resources Ministry has issued a circular letter saying state oil company PT Pertamina is allowed to sell unblended diesel fuel to fuel importers, an official said on Monday. The latest circular backed up an earlier rule by the ministry that asked importers to buy diesel fuel from […]

Virus puts Cambodia oil production into question

The coronavirus pandemic is expected to slow the development of the Apsara oilfield located at Cambodia’s offshore Block A of the Khmer Basin in the Gulf of Thailand, which is being developed by Singapore-based KrisEnergy Ltd.  Ministry of Mines and Energy’s General Department of Petroleum director-general Cheap Sour told The Post on Monday that the […]