power price proposal on table as equality remains uncertain

Power price proposal on table as equality remains uncertain

Amid feedback from the public and experts about calculating energy price, the Ministry of Industry and Trade has rounded off the single-price model for household electricity in a bid to harmonise the benefits of all stakeholders in society.
nearly 20000 rooftop solar power projects installed

Nearly 20,000 rooftop solar power projects installed

Vietnam Electricity (EVN) has announced that nearly 20,000 rooftop solar power projects with a combined capacity of 541.66 MWp were installed nationwide in the past seven months.
evn suggests not to extend deadline for wind farm fit

EVN suggests not to extend deadline for wind farm FiT

In order to ensure transparency and stability in the selling price of wind power, EVN opposes the Ministry of Industry and Trade's proposal to extend the deadline on the current feed-in tariff (FiT) scheme for wind power projects and would rather maintain the original deadline.
evn calls for investment in solar power plants on reservoirs

EVN calls for investment in solar power plants on reservoirs

Electricity of Vietnam (EVN) is seeking investors in new electricity projects, including solar power plants on reservoirs, in an effort to ensure the safe and stable operation of the country’s electricity market.
construction of expanded hoa binh hydropower plant to kick off in october 2020

Construction of expanded Hoa Binh Hydropower Plant to kick off in October 2020

The extended Hoa Binh Hydropower Plant, which is expected to break ground in October 2020, is considered the largest power project to be constructed this year.
evn spc invests in solar power plant on con dao

EVN SPC invests in solar power plant on Con Dao

The Southern Power Corporation (EVN SPC) will start building a solar power plant in July to turn Con Dao Island into "a high-quality tourist and economic zone".
hcm city steps up rooftop solar power development

HCM City steps up rooftop solar power development

Vietnam Electricity Ho Chi Minh City (EVN HCMC) on May 12 signed a memorandum of understanding on solar power development with the Bach Khoa Investment and Development of Solar Energy Corporation, the Vietnam Ecological Solutions JSC and the TTC Energy JSC.
evn wants to public list of planned solar power projects in ninh thuan

EVN wants to public list of planned solar power projects in Ninh Thuan

Electricity of Vietnam (EVN) has required the Ministry of Industry and Trade to publish the list of grid-connected solar power projects which were added to the power planning with the total cumulative capacity of not more than 2,000MW in the southern province of Ninh Thuan.
solar power to boom after decision 13

Solar power to boom after Decision 13

Decision No.13/2020/QD-TTg issued last week on  encouraging mechanisms for solar power development in Vietnam sets the deadline of December 31 for solar systems of any scale to attain a certificate of delivery and enjoy the feed-in tariff 2 (FiT2) rate, which is considered to be financially attractive. The price of each kilowatt-hour generated from ground-mounted, floating, and rooftop solar initiatives are 7.09, 7.69, and 8.38 US cents, respectively. These numbers have been viral in the investment community since last year and now they are finally confirmed.
solar power grows 28 fold in vietnams energy mix

Solar power grows 28-fold in Vietnam's energy mix

In the first three months of this year, Electricity of Vietnam mobilised 2.76 billion kWh of renewable energy, including 2.31 billion kWh of solar power, signifying a 28-fold increase on-year.
retail price of electricity to drop 10 per cent in three months

Retail price of electricity to drop 10 per cent in three months

The government has approved the proposal of the Ministry of Industry and Trade to decrease the retail price of electricity by 10 per cent over the course of three months, in April, May, and June.
vietnam operates 24300 rooftop solar power projects

Vietnam operates 24,300 rooftop solar power projects

As many as 24,300 rooftop solar power projects with a total capacity of 465.8 MWp have been installed and put into operation by early March, according to the Electricity of Vietnam (EVN).
authorities retain high prices to encourage rooftop solar

Authorities retain high prices to encourage rooftop solar

Vietnam Electricity (EVN) has agreed to keep the current feed-in tariff of 9.35 US cents per kWh for rooftop solar power until 2021 as recommended by the Ministry of Industry and Trade.
evn and phongsubthavy group sign ppas for nam san hydropower projects

EVN and Phongsubthavy Group sign PPAs for Nam San hydropower projects

The signing ceremony of the power purchase agreements (PPA) of Nam San 3A (69MW) and Nam San 3B (45MW) hydropower plant projects between Electricity of Vietnam (EVN) and Phongsubthavy Group took place on January 4, 2020, in the framework of the 42nd Vietnam-Laos Intergovernmental Committee.
fitch ratings gives vietnam electricity bb rating

Fitch Ratings gives Vietnam Electricity ‘BB’ rating

Vietnam Electricity's (EVN) long-term foreign-currency issuer default rating stands at 'BB' with a positive outlook, according to Fitch Ratings.