Financing the energy transition for Southeast Asia

Financing the energy transition for Southeast Asia

It is unusual to feel nostalgia when you glimpse the future. Seeing an electric rickshaw for the first time, I could not help but smile remembering the spluttering sound of rickshaws which filled the crowded Indian streets of my youth. New electric models are quickly becoming a more common sight in those parts of Southeast Asia which share that three-wheeled transport tradition.
Flexible solutions crucial to develop carbon market: Deputy PM

Flexible solutions crucial to develop carbon market: Deputy PM

With its tremendous potential in renewable energy and the carbon market, Vietnam will be highly attractive to investors, Deputy Prime Minister Tran Hong Ha stressed, while addressing a meeting in Hanoi on August 22 on seeking ideas towards completing a draft plan on carbon market development in Vietnam.
Germany backs Vietnam in energy grid development

Germany backs Vietnam in energy grid development

In July, the government issued a ruling on direct power purchase agreements (DPPAs). Dr. Oliver Massmann, partner and general director of consulting firm Duane Morris Vietnam LLC, spoke with VIR’s Khoi Nguyen about how the move will impact the energy sector in Vietnam, especially when it comes to German investors.
Navigating Asia-Pacific’s renewable energy landscape

Navigating Asia-Pacific’s renewable energy landscape

Despite starting from a low base, renewable energy is experiencing robust growth in Asia-Pacific, with installed generation capacity increasing at an average compound annual growth rate of 9 per cent. By 2030, renewable energy is expected to account for 30-50 per cent of the power generation mix across most Asia-Pacific markets.
Accelerator programme for energy efficiency kicks off in Vietnam

Accelerator programme for energy efficiency kicks off in Vietnam

Applications are now open for a first-of-its-kind accelerator programme for energy efficiency in Vietnam.
Singaporean M&As hold wide promise

Singaporean M&As hold wide promise

Singapore dealmakers continue to set sights on dealmaking in Vietnam, with transactions in fields ranging from renewable energy to real estate.
DPPA paves the way to energy transition

DPPA paves the way to energy transition

Direct power purchasing mechanisms pave the way for manufacturers to accelerate their emission reduction strategies by expanding the procurement of renewable energy.
Feasibility is a must for successful DPPA mechanism

Feasibility is a must for successful DPPA mechanism

A July government decree permits many kind of renewable energy projects to engage in direct power purchase agreements without using Vietnam Electricity transmission line.
MoIT report addresses offshore wind project concerns

MoIT report addresses offshore wind project concerns

The MoIT has proposed that state-owned enterprises such as EVN, PVN, or the Ministry of Defence should pilot offshore wind power projects.
Tra Vinh aims to become renewables exporter hub

Tra Vinh aims to become renewables exporter hub

The Mekong Delta province of Tra Vinh is making concerted efforts to grow into one of the major marine economy and renewable energy centres nationwide.
Excess rooftop solar power sales capped at 10 per cent of capacity

Excess rooftop solar power sales capped at 10 per cent of capacity

Deputy Prime Minister Tran Hong Ha has instructed the Ministry of Industry and Trade to present a plan for households to sell excess rooftop solar power.
Distinct methods on offer in energy arena

Distinct methods on offer in energy arena

Investors will have to weigh up which method to utilise now that a direct power purchase apparatus has come into effect.
Malaysia's Leader Energy secures HSBC deal for its Vietnam portfolio

Malaysia's Leader Energy secures HSBC deal for its Vietnam portfolio

Malaysia's Leader Energy has signed a $23.3 million financing deal with HSBC to for the development of solar projects in Vietnam.
Acquisitions prepare for energy wave

Acquisitions prepare for energy wave

Both foreign and local groups are seeking progress in Vietnam’s energy sector to tap into the green growth potential through big deals.
Energy players look to deeper innovation to boost transition

Energy players look to deeper innovation to boost transition

Technological innovation will help promote the energy transition in Vietnam, with the proportion of renewable capacity in Vietnam’s power system increasing rapidly.
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