hydrogen use dependent on roadmap

Hydrogen use dependent on roadmap

Hydrogen production facilities in Vietnam are attracting interest in accelerating the transition to clean and renewable energy, but the lack of a price mechanism and high costs of infrastructure and operations are key bottlenecks in procurement.
cambodia approves renewable energy projects

Cambodia approves renewable energy projects

The Cambodian government on April 7 approved the construction of five power plants with a total capacity of 520 megawatts.
bcg energy secures 315 million syndicated loan package

BCG Energy secures $31.5 million syndicated loan package

BCG - SP Solar 1, a joint venture between SP Group (Singapore) and BCG Energy (Vietnam), has just secured a disbursement of $31.5 million in a total credit line of up to $50 million from a consortium of foreign financial institutions.
seeking safe technology and solutions for rooftop solar system

Seeking safe technology and solutions for rooftop solar system

To provide updates on the latest fire prevention technology and solutions for rooftop solar, SP Group, SolarEdge, and Unitek Trading Co., Ltd. (Unitek) will collaborate to organise the seminar Safe Investment Plan for Rooftop Solar Systems – Fire Prevention for Businesses in Ha Nam province on April 12.
development pace picking up in energy

Development pace picking up in energy

Wealthy foreign investors in energy are expanding their long-term strategies in Vietnam while many ongoing projects that missed the feed-in tariff deadline are struggling to find a revenue balance.
vietnams offshore wind realm remains in a muddle

Vietnam’s offshore wind realm remains in a muddle

The strategy for renewable energy development being in limbo is holding back offshore wind power prospects in Vietnam.
innovative low carbon projects join uks climate finance scheme

Innovative low-carbon projects join UK's climate finance scheme

Nine low-carbon Vietnamese initiatives, representing such diverse sectors such as renewable energy, resource efficiency, agriculture, decarbonising construction, and waste management have been chosen to take part in the first wave of the UK government's $14.4 million Climate Finance Accelerator (CFA) scheme.
evn must settle transitional renewable energy power tariffs before march 31 moit

EVN must settle transitional renewable energy power tariffs before March 31: MoIT

The Ministry of Industry and Trade (MoIT) has mandated that Electricity of Vietnam (EVN) and investors in wind and solar power reach an agreement on energy rates by March 31.
trungnam group signs cooperartion agreement with daegu city

Trungnam Group signs cooperartion agreement with Daegu city

Mayor of Daegu city, Hong Joon Pyo, signed an MoU with Trungnam Group - one of the largest energy corporations in Vietnam - to promote the development of renewable energy and technology industries.
vietnam has massive potential for offshore wind energy

Vietnam has massive potential for offshore wind energy

Vietnam has the potential to offer an economical and environmentally friendly energy source for economic growth, according to attendees at a recent workshop discussing offshore wind power.
utilising the broad application of green hydrogen

Utilising the broad application of green hydrogen

With economic growth of more than 8 per cent in 2022, Vietnam’s rapidly growing economy can be viewed with some envy for having achieved its fastest economic growth since 1997 while the global average only saw a small 3.3 per cent. This economic growth is coinciding with increases in energy demand and requires innovative solutions to ensure energy security.
baywa re and icebug race to reduce carbon footprint in the footwear and apparel industry

BayWa r.e. and Icebug race to reduce carbon footprint in the footwear and apparel industry

Global renewable energy developer, BayWa r.e., has announced its collaboration with Swedish shoe manufacturer and sustainability pioneer, Icebug, for the Decarbonising Apparel Manufacturing in Vietnam – On-Site Rooftop Solar Group Procurement programme. Initiated by the Clean Energy Investment Accelerator, the Apparel Impact Institute, and the IDH Sustainable Trade Initiative, the pilot was first rolled out in 2021.
burdens still to be tackled to ensure efficient dppa pilot

Burdens still to be tackled to ensure efficient DPPA pilot

Foreign investors have been closely monitoring a proposed pilot on the direct power purchase agreements in Vietnam, especially those with a long-term business strategy in renewable energy. However, the country’s limited mechanisms may mean the long-term goals will be difficult to attain.
legal due diligence and major red flags for energy projects

Legal due diligence and major red flags for energy projects

Mergers and acquisitions can play a critical role for the power sector to flourish with a boosted financial model for investors with distinct appetite. Vaibhav Saxena, lawyer at Vilaf, looks at existing assets, assets under construction, and planned projects that have a special purpose vehicle.
assessing the dual features of nations energy plan and pdp8

Assessing the dual features of nation’s energy plan and PDP8

Vietnam’s immediate prime concern is to conclude its energy plans and establish a blueprint for sustainable growth. The Vietnam Academy of Science and Technology’s Dr. Bui Huy Phung, a former member of the Power Development Plan VII (PDP7) Appraisal Council, responded to VIR’s Hai Van on this topic.