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.
adb provides loan worth 116 million for wind farms in vietnam

ADB provides loan worth $116 million for wind farms in Vietnam

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.
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.
offshore wind farms worth usd billions line up for approval

Offshore wind farms worth USD billions line up for approval

Numerous foreign investors are interested in developing offshore wind farms worth billions of dollars in total investment capital in 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.
wind power fuels green growth in vietnam ifc

Wind power fuels green growth in Vietnam: IFC

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.
ge renewable energy wins major onshore wind contract in southeast asia

GE Renewable Energy wins major onshore wind contract in Southeast Asia

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.
jica financed 25 million for wind power project in quang tri

JICA financed $25 million for wind power project in Quang Tri

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.
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.
hitachi se buys more than 35 per cent of stake in trung nam groups wind farm

Hitachi SE buys more than 35 per cent of stake in Trung Nam Group's wind farm

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.
global offshore wind leader rsted to set up office in vietnam

Global offshore wind leader Ørsted to set up office in Vietnam

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.
legislative urgency for solar project development

Legislative urgency for solar project development

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.
conditions in place for offshore development

Conditions in place for offshore development

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.
capital mobilisation query leads power plan analysis

Capital mobilisation query leads power plan analysis

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.
showing ambition for offshore wind

Showing ambition for offshore wind

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.