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.
09-07-2021 09:00
While the pressure on the environment and issues like climate change are increasing, it remains difficult for Vietnamese companies and the government to turn away from fossil fuels completely. However, experts warn that while a strong reliance on them will only increase related problems, using state-of-the art technology would count most.
05-07-2021 15:21
While power consumption is off the charts, Vietnamese cities are experiencing more frequent power cuts. Meanwhile, due to underlying grid insufficiencies, renewable energy projects are paradoxically being forced to reduce output.
03-07-2021 18:33
Fabrice Richy, director of the French Development Agency (AFD) in Vietnam and Nguyen Xuan Nam, vice chairman of Electricity of Vietnam (EVN) signed a credit facility agreement for a €74.7 million ($88.6 million) non-sovereign concessional loan aiming at financing the extension of Ialy Hydropower plant, supporting Vietnam's energy transition.
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.
17-05-2021 09:42
Electricity of Vietnam (EVN) plans to mobilise 32 billion kWh of renewable energy, including 26.3 billion kWh of solar power, meaning the output of coal-fuelled and hydro-power plants will be reduced.
14-05-2021 16:05
Vietnam’s total output of electricity from renewable energies hit 9.5 billion kWh in the first four months of 2021, up 156.9 percent year-on-year, and accounting for 11.8 percent of the total electricity output, according to a report by the Vietnam Electricity (EVN).
28-04-2021 00:00
The Minister of Industry and Trade is likely to sign a draft circular regulating a pilot project for electricity purchases and sales between renewable energy generators and consumers under direct power purchase agreements. However, while the ministry is gaining support from some organisations, experts advise designing the schemes in an appropriate manner.
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.
02-04-2021 13:32
The prime minister has allowed Vietcombank to provide a loan exceeding the statutory ceiling for Electricity of Vietnam to develop Quang Trach 1 Thermal Power Plant.
02-03-2021 23:51
Hiking prices of food, catering services, and public transport services over the Lunar New Year holiday, as well as the end of Electricity of Vietnam's power-price assistance programme were the main reasons behind the record increase of the consumer price index (CPI).
25-02-2021 08:00
The year 2021 will be characterised by an even bigger challenge for the authorities and developers to standardise the quality level of rooftop installations in terms of compliance to construction law, electrical standards, and fire safety, and to match grid availability and local consumption after the Vietnamese rooftop solar market skyrocketed last year.
22-02-2021 15:58
Electricity of Vietnam (EVN) will invest approximately $2.1 billion in Quang Trach II Thermal Power Plant in Hon La Economic Zone, Quang Binh province.
08-02-2021 09:13
Despite Power Generation Corporation 2 (EVN Genco 2) owning substantial interests in several thermal and hydropower plants, 99.97 per cent of the stake it offered at its initial public offering (IPO) was unmarketable.
19-12-2020 08:00
Despite slow disbursement of foreign loans, that of public investment has become faster, contributing to making the country’s positive economic growth target feasible for the year.