ho chi minh city applies new support measures for enterprises affected by pandemic

Ho Chi Minh City applies new support measures for enterprises affected by pandemic

Ho Chi Minh City is implementing a series of solutions to support enterprises with capital, land rent, as well as electricity and water bills, helping them overcome the difficulties amid the pandemic.
energy developers grapple with deadline

Energy developers grapple with deadline

A series of multi-billion-dollar wind power projects are racing to make a tariff deadline, with potential energy gridlock on the horizon for Vietnam.
over 100 wind power plants register to supply electricity to national grid

Over 100 wind power plants register to supply electricity to national grid

A total of 106 wind power plants nationwide with a combined capacity of more than 5,655 MW have registered to conduct commercial operations and join the national grid, according to Vietnam Electricity (EVN).
government to cut costs of electricity water and telecommunications for citizens

Government to cut costs of electricity, water, and telecommunications for citizens

To aid people affected by the COVID-19 pandemic, the government will reduce the price of electricity, followed by water and telecommunications fees.
thai energy firm inks a deal with evn to supply wind power from laos to vietnam

Thai energy firm inks a deal with EVN to supply wind power from Laos to Vietnam

BCPG Pcl., a Thailand-based developer and owner of renewable energy projects in the Asia-Pacific region, has entered into a power purchase agreement with Electricity of Vietnam for the development of a 600MW wind power plant in Laos to deliver green energy to Vietnam.
france supports extension of ialy hydropower plan through afd

France supports extension of Ialy hydropower plan through AFD

Fabrice Richy, director of the French Development Agency (AFD) in Vietnam and Nguyen Xuan Nam, vice chairman of Electricity of Vietnam (EVN) signed a credit facility agreement for a €74.7 million ($88.6 million) non-sovereign concessional loan aiming at financing the extension of Ialy Hydropower plant, supporting Vietnam's energy transition.
vinaconex regains dominance in nedi2

Vinaconex regains dominance in NEDI2

Vietnam Construction and Import-Export JSC (Vinaconex, HNX: VCG) bought nearly seven million shares of Northern Electricity Development and Investment JSC No.2 (NEDI2, UPCom: ND2).
power plan revised to render market more competitive

Power plan revised to render market more competitive

The government this month requested the Ministry of Industry and Trade to review and re-submit the Power Development Plan VIII as the scheme is geared towards speeding up establishment of a competitive electricity market. The aim, to ensure fair participation of all stakeholders, has the potential to attract investors and mobilise all resources for energy development.
electricity demand outgrows supply in northern vietnam

Electricity demand outgrows supply in northern Vietnam

The demand for electricity in the northern region is steadily increasing while only a few large-scale electricity projects started construction or made it in the pipeline in recent years.
mitsubishi to build onshore wind farm in laos to sell electricity to vietnam

Mitsubishi to build onshore wind farm in Laos to sell electricity to Vietnam

Mitsubishi Corporation will build an onshore wind farm based in Laos, which could then sell electricity to Vietnam.
scale up imperative in wind energy future

Scale-up imperative in wind energy future

As the global community fixes its gaze on a world beyond the COVID-19 pandemic, there is no better signpost to economic recovery than clean energy. Not only can wind energy provide affordable, clean, and zero-carbon electricity to repower economies, but it can deliver tremendous socioeconomic benefits and jobs to rebuild local communities. Large-scale wind projects have the capacity to generate a diverse value chain of sustainable jobs, from procurement all the way through to decommissioning or repowering.
ifc cooperates with ree to support wind projects to advance renewable energy in vietnam

IFC cooperates with REE to support wind projects to advance renewable energy in Vietnam

As Vietnam transitions to cleaner low-carbon power generation to help meet the country’s growing demand for electricity, 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.
coal hydro power to give way to renewables

Coal, hydro power to give way to renewables

Electricity of Vietnam (EVN) plans to mobilise 32 billion kWh of renewable energy, including 26.3 billion kWh of solar power, meaning the output of coal-fuelled and hydro-power plants will be reduced.
renewable energy output up nearly 160 percent during jan apr

Renewable energy output up nearly 160 percent during Jan-Apr

Vietnam’s total output of electricity from renewable energies hit 9.5 billion kWh in the first four months of 2021, up 156.9 percent year-on-year, and accounting for 11.8 percent of the total electricity output, according to a report by the Vietnam Electricity (EVN).
energy security at risk after forced plant output cuts

Energy security at risk after forced plant output cuts

Many privately-owned renewable power plants have been required to cut electricity output due to the overloaded transmission system, as regulations struggle to keep up with the fast-developing sector.