experience required in solar sector

Experience required in solar sector

The solar power boom in Vietnam is bringing benefits for Chinese suppliers and contractors in engineering, procurement, and construction participating in the value chain, but are urged to be cautious in choosing suitable and reliable partners.
meeting the countrys power needs

Meeting the country’s power needs

Vietnam offers great potential for investment in solar power, mainly due to favourable natural conditions and high power consumption demand. Partner Dang Chi Lieu and senior associate Nguyen Thanh Hai of Baker McKenzie Vietnam outline the country’s policies to encourage the development of solar power projects.  
first large scale floating solar photovoltaic installed in vietnam

First large-scale floating solar photovoltaic installed in Vietnam

A 47.5MW peak floating photovoltaic (PV) solar power facility on the man-made reservoir of the 175MW Da Mi hydropower plant has already launched, becoming the largest such installation in Southeast Asia.
developers awaiting latest fit amid sparked solar rush

Developers awaiting latest FiT amid sparked solar rush

Despite bankability concerns in power purchase agreements, investing in solar power is a new boom in Vietnam as developers, original equipment manufacturers, and contractors rush into the market thanks to the current feed-in tariff. However, it remains to be seen if an upcoming policy is attractive enough to both keep them and meet surging demand. VIR’s Nguyen Thu reports.  
renewable sources must be close to consumers

Renewable sources must be close to consumers

Renewable power facilities should be built in localities where strong consumption exists and electricity transmission is direct to avoid power loss, business leaders said on Wednesday.
new fit rate to promote investment in solar energy

New FiT rate to promote investment in solar energy

Many businesses and investors are waiting for the Government’s decision on the feed-in tariff (FiT) rate for solar power projects nationwide, which is expected to be released this month, to set up long-term investments in solar power projects in Viet Nam.
vn solar energy sector a magnet for foreign companies funds

VN solar energy sector a magnet for foreign companies, funds

This month saw the inauguration of the largest solar power plant in Southeast Asia, Dau Tieng in Tay Ninh Province, by Dau Tieng Energy JSC and Thailand’s B.Grimm Power Public Company Limited.
renewables luring thailands investors

Renewables luring Thailand’s investors

In addition to their investments in processing and manufacturing, industrial zone infrastructure, and retail, Thai companies are furthering funding into developing Vietnam’s energy sector as they consider the nation an important investment destination.
vietnam to have 2000mw of rooftop solar power capacity in 2020

Vietnam to have 2,000MW of rooftop solar power capacity in 2020

Vietnam's total rooftop solar power capacity is expected to reach around 2,000 MW by the end of 2020, according to Vietnam Electricity (EVN).
technoprom export proposes thermal power plant in ninh thuan

Technoprom Export proposes thermal power plant in Ninh Thuan

With investors showing growing interest in developing solar and wind power plants in Ninh Thuan, Technoprom Export, a subsidiary of Rostec from Russia, also selected the province for its upcoming thermal power plant.
south korean power solution providers eye vietnam

South Korean power solution providers eye Vietnam

A series of South Korean businesses dealing in solutions for the power and green energy sector are showing excitement about business prospects in Vietnam to meet its increasing demand.
soc trang attractive to wind power developers

Soc Trang attractive to wind power developers

The Mekong Delta province of Soc Trang has risen to an attractive destination for investors in renewable energy, especially wind power.
industry ministry to submit new solar power price scenarios in september

Industry ministry to submit new solar power price scenarios in September

The Ministry of Industry and Trade will submit to the Government new scenarios for solar power prices in two regions on September 15 based on recommendations the ministry received after presenting its proposal on the matter to the Government’s standing board on July 31. 
solarbk goes green via new initiatives

SolarBK goes green via new initiatives

The grid connection ceremony of a solar power system has taken place at Tong Hong Tannery (Vietnam) Co., Ltd., a Taiwanese company manufacturing sports shoes in the southern province of Ba Ria-Vung Tau.
solar power a victim of its own success

Solar power a victim of its own success

Lured in by the feed-in tariff of 9.35 US cents for solar projects, investors are lining up for approval to generate gigawatts of power in the central provinces of Vietnam where solar irradiation is the strongest. However, the current grid is not ready to handle this incoming onslaught, putting renewable energy projects in risk and serving a valuable lesson for planners and latecomers.