RoK firm invests 200 million USD in solar power in Vietnam

RoK firm invests 200 million USD in solar power in Vietnam

Nami Solar, a subsidiary of Vietnam’s Nami Energy company, and SK Ecoplant, a member of the Republic of Korea’s conglomerate SK Group, sealed a joint venture deal on January 24 to pump 200 million USD into solar energy development in Vietnam.
World Bank builds offshore wind roadmap for Vietnam

World Bank builds offshore wind roadmap for Vietnam

The World Bank has recommended 20 actions that address three priority areas for Vietnam’s successful offshore wind industry.
Thai company buys two more solar plants in Vietnam

Thai company buys two more solar plants in Vietnam

Thai energy company Banpu PCL has agreed to acquire the companies holding a 50-MW portfolio of two solar parks in Vietnam in a deal worth 26.7 million USD, according to the company.
SK ecoplant and Nami Solar launch joint venture to invest in Vietnam’s distributed solar sector

SK ecoplant and Nami Solar launch joint venture to invest in Vietnam’s distributed solar sector

SK Group has further expanded its investment in Vietnam through a new partnership between its green investment arm, SK ecoplant, and Nami Solar, an affiliate of Nami Energy.
HSBC Vietnam commits $12 billion to the green development of Vietnam

HSBC Vietnam commits $12 billion to the green development of Vietnam

In support of the government’s aspiring climate goals and COP26 commitments to become a net zero economy by 2050, HSBC Vietnam has announced to arrange up to $12 billion of direct and indirect financing for Vietnam and the corporate sector by 2030.
Electricity market revamp on cards

Electricity market revamp on cards

A retail electricity market would mark a step towards market liberalisation efforts that enable consumers to choose who they wish to buy electricity from. To realise such a market, Vietnam’s Law on Electricity, as well as related documents will require certain adjustments to accommodate purchase agreements and other tools.
Renewables to drive country towards net-zero successes

Renewables to drive country towards net-zero successes

Developing renewable energies is expected to drive Vietnam’s endeavour to a net-zero future by 2050, as Vietnam’s Prime Minister Pham Minh Chinh announced at COP26. With this move, Vietnam has joined the group of about 140 countries that pledged to net-zero emissions by the middle of the century.
Six Vietnamese sectors obliged to keep greenhouse gas inventories

Six Vietnamese sectors obliged to keep greenhouse gas inventories

The energy, transportation, construction, industry, agriculture, and waste sector are now legally required to establish and report their greenhouse gas (GHG) inventories to relevant authorities since January 18.
Renewable energy ventures increasingly in vogue

Renewable energy ventures increasingly in vogue

Businesses are exhibiting a growing appetite towards renewable energy ventures to effectively avail of recent changes to the latest national power development draft plan, as well as burgeoning opportunities on the horizon.
Solutions coming thick and fast for draft PDP

Solutions coming thick and fast for draft PDP

The policymakers of the latest draft of Vietnam’s mammoth Power Development Plan VIII see themselves confronted with additional wind and solar demand, as well as the scrutiny of a deputy prime minister, requiring the Ministry of Industry and Trade to remedy issues to meet the national goals of energy security and net zero emissions by 2050.
The role of renewables in recovery

The role of renewables in recovery

The pandemic has demonstrated that it is better to be ready and act early and boldly. Nguy Thi Khanh, executive director of the Green Innovation and Development Centre, explains why innovation is an effective way to change behaviours fundamental in coping with health and climate threats.
No more wind and solar power sources to be added this year

No more wind and solar power sources to be added this year

The Ministry of Industry and Trade will not add any more wind and solar power into this year's plan, due to a lack of input facilities to transfer them to the national grid.
Tra Vinh: Dong Hai I wind power plant inaugurated

Tra Vinh: Dong Hai I wind power plant inaugurated

Trung Nam Tra Vinh 1 Wind Power JSC, a member of Trungnam Group, has inaugurated the Dong Hai I Wind Power Plant in Dong Hai commune, Duyen Hai district, the Mekong Delta province of Tra Vinh.
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