13-07-2021 18:40
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.
03-07-2021 08:55
The Asian Development Bank (ADB) issued a green loan worth $116 million to three wind farms, making its first loan for wind power projects in Vietnam.
23-06-2021 09:00
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.
18-06-2021 23:40
Numerous foreign investors are interested in developing offshore wind farms worth billions of dollars in total investment capital in Vietnam.
17-06-2021 17:07
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.
15-06-2021 16:52
With its 3,000km coastline and the flat river deltas of the Red River in the north and the Mekong in the deep south, Vietnam is especially vulnerable to erratic storms, typhoons, flash floods, rising sea levels and coastal erosion - but boasts great potential for wind power energy.
03-06-2021 22:10
GE Renewable Energy announced today that it has secured a contract with BIM Wind JSC to supply, install, and commission GE Cypress onshore wind turbines for BIM Wind’s 88MW wind farm located in Ninh Thuan province in Vietnam’s southcentral region.
31-05-2021 16:43
The Japan International Cooperation Agency (JICA) in Vietnam has just signed a loan agreement of up to $25 million for an onshore wind power project in Quang Tri province.
27-05-2021 14:27
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.
15-05-2021 17:00
Hitachi SE's renewable energy business expanded its market to Viet Nam by signing a strategic co-operation agreement with Trung Nam Wind Power Joint Stock Company of Trung Nam Group (TNG) in HCM City yesterday.
29-04-2021 15:44
Global offshore wind leader Ørsted has officially announced its office opening in Vietnam to set up a base to develop billion-dollar projects in the future.
17-04-2021 09:00
In late January, the Ministry of Industry and Trade (MoIT) issued a draft decision guiding the selection of investors implementing solar power projects under the bidding mechanism. Since the prime minister’s Decision No.13/2020/QD-TTg dated April 6, 2020 on mechanisms to promote development of solar power in Vietnam applies to grid-connected projects with commercial operation date (COD) by December 31, 2020 only, it is expected that the draft will soon be finalised and become effective, so solar energy developers as well as relevant government authorities can have guidelines for projects with COD from 2021 onwards.
16-04-2021 11:00
Reducing the cost of capital for offshore wind power projects in Vietnam will be the main driver for lowering electricity costs and encouraging investment in such projects, argue several international energy experts, with the right government policies needed to be implemented quickly to follow through with the country’s energy development schedule.
20-03-2021 11:00
The third draft of the National Power Development Plan 8 (PDP8) is 843 pages thick but only nine of these cover financial issues, with an average mobilisation of $13 billion per year until 2045. The capital is allocated to power generation, transmission lines for gas, and wind power sources, among others.
12-03-2021 08:00
Vietnam is now boasting great potential in offshore wind development which is attracting more investors. Liming Qiao, head of the Global Wind Energy Council (GWEC) Asia, told VIR’s Nguyen Thu about the challenges and regulatory needs for a true offshore wind sector in Vietnam.