Desire for long-term tactics in solar power

Desire for long-term tactics in solar power

Although Vietnam began to develop solar power plants just about three years ago, the initially achieved capacities have been outstanding. However, the short terms of the government’s previous two incentive programmes have left many projects stagnating, leading to unused potential.
New principles for energy efficiency

New principles for energy efficiency

The Ministry of Industry and Trade recently issued Circular No.25/2020/TT-BCT replacing a previous circular on efficient use of energy, and providing businesses with more straightforward procedures for registering and reporting on their energy efficiency plans. Baker McKenzie managing partner Frederick Burke and special counsel Nguyen Thanh Hai outline the key changes and how they affect enterprises.
Balancing out growth across power sources

Balancing out growth across power sources

Last year saw a contrast in wind and solar power development practices. Bui Van Thinh, chairman of the Binh Thuan Wind and Solar Energy Association, delves into the factors behind the situation and suggests a remedy.
Booming solar power: signal for worry or delight?

Booming solar power: signal for worry or delight?

Vietnam’s rooftop solar sector has broken a record for its installed capacity within one year, with the country adding roughly 9,000 megawatt peak before December 31 for the second-round feed-in tariff.
ABB supporting region’s biggest floating solar complex

ABB supporting region’s biggest floating solar complex

ABB has supplied secondary skid units to Gia Hoet Tam Bo floating solar complex, the largest floating solar complex in the region, that has helped it reach commercial operation while also supporting the region’s development in renewable energy.
Legal issues cloud LNG power plans

Legal issues cloud LNG power plans 1

The concept of using liquefied natural gas (LNG) for electricity production is attracting investors in Vietnam. ACSV Legal managing partner Mark Oakley, of counsel, and head of Energy Practice Tim Dobson provide a look into the current LNG-to-power market of Vietnam and outline some critical legal issues for interested investors.
Quickfire tactics smash solar rooftop targets

Quickfire tactics smash solar rooftop targets

Rooftop solar installation figures are five years ahead of schedule in Vietnam, thanks to intensive and short-term focus on policy as well as fewer investing barriers in issues such as technical standards.
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