local consideration required in vietnams energy advance

Local consideration required in Vietnam’s energy advance

Solar power farms have been emerging across the nation, offering tremendous advantages for those who can utilise them on their farmland, as well as contributing to a more sustainable energy footprint that counteracts climate change. However, some of the large solar projects are leaving expelled farmers without compensation and a dire outlook for their future.
new phase on horizon for solar power development

New phase on horizon for solar power development

Vietnam, a rising star in Asia in solar power development, is to slash feed-in tariffs for rooftop solar installations this month, hoping to release some of the pressure on the national power grid that was exacerbated by the previous generous tariff that lasted until the end of December, as well as to prevent fraud for solar farming.
adjusting to new energy methods in ninh thuan

Adjusting to new energy methods in Ninh Thuan

The development of renewable energy is deemed necessary to generate benefits for all aspects of socioeconomic development. However, some unwelcome risks have yet to be solved, especially when it comes to citizens in the vicinity of huge wind turbines or solar panels in some Vietnamese environments. 
mekong delta drives attractiveness to foreign investors

Mekong Delta drives attractiveness to foreign investors

Foreign investors from Thailand, South Korea, and Japan are eyeing investment opportunities in garment and textiles, construction, solar power, manufacturing, and retail in the Mekong Delta.
amazon announces first renewable energy project in singapore

Amazon announces first renewable energy project in Singapore

Amazon is the world’s largest corporate purchaser of renewable energy, and on March 19 has announced the first renewable energy project in Singapore, a 62MW solar project made up of a series of solar panels mounted on a ground system.
pdp8 priorities and risks addressed

PDP8 priorities and risks addressed

The progression of the country’s  National Power Development Plan 8 is a particularly important task for Vietnam to mobilise the resources required to provide sufficient electricity and ensure overall energy security. However, after the publication of the plan’s third draft, several local institutions have criticised the set focus and have warned about entailing risks.
swedish green residence powering forward a more sustainable vietnam

Swedish Green Residence – Powering forward a more sustainable Vietnam

In commemoration of the international Solar Appreciation Day and in an effort to promote energy efficiency and sustainability, a solar panel system is formally inaugurated today at the Swedish Residence in Tay Ho, Hanoi.
higher risk of default from solar power investment

Higher risk of default from solar power investment

The rush into solar power investment ventures has triggered a growing concern over loan defaults at banks as well as threatened to disrupt the country’s energy balance. 
fit for rooftop solar to drop 30 per cent

FiT for rooftop solar to drop 30 per cent

The new feed-in tariff for rooftop solar energy may be set at 5.3-5.8 US cents per kWh, 30 per cent less than the 8.38 US cent that was previously applied to projects starting operation before December 31, 2020.
high tech a bright spot in fdi picture

High-tech a bright spot in FDI picture

Although the country’s registered foreign direct investment capital went down by 15.6 per cent on-year due to the pandemic, financial injections still managed to find their way to high-tech projects in the first two months of the year, showcasing the attraction of some of Vietnam’s industries and localities.
malaysias tenaga makes foray into vietnamese solar market

Malaysia's Tenaga makes foray into Vietnamese solar market

Tenaga Nasional Bhd.'s (TNB) wholly-owned subsidiary TNB Renewables Sdn., Bhd. will acquire a 39 per cent stake in a 21.6MW project comprising of five rooftop solar plants in Vietnam from Singapore’s Sunseap Group.
grand opening of 10mwp song binh rooftop solar farm in binh thuan

Grand opening of 10MWp Song Binh rooftop solar farm in Binh Thuan

Song Binh rooftop solar farm was officially put into operation in late January, adding a total power output of about 20 million kWh, or 10MWp a year to the national grid.    
shake up for solar power investment

Shake-up for solar power investment

The Electricity and Renewable Energy Authority of Vietnam has submitted a report that requests approval of the prime minister’s draft decision on selection of investors for grid-connected solar power projects in Vietnam. Baker McKenzie’s managing partner Frederick Burke and special counsel Nguyen Thanh Hai outline the main changes and proposed regulations for investors.
apt solutions sought for local solar power

Apt solutions sought for local solar power

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.
power structure balance required

Power structure balance required

Vietnam’s energy sector has been developing rapidly throughout the last few years, in which renewables show the strongest development. However, the existing imbalance between power generation and transmission threatens the national power supply. As such, relevant government agencies are now tasked with finding sustainable approaches to tackle the situation.