34 investors in wind and solar energy face insolvency

34 investors in wind and solar energy face insolvency

Several investors are concerned about the derailment of their financial plans if the Ministry of Industry and Trade (MoIT) sets a low energy-producing price structure.
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.
practical ideas for cleaner energy

Practical ideas for cleaner energy

The world is facing unprecedented challenges to energy security, rising inflation, and a narrowing time window to limit dangerous global heating. Ben Blackwell, CEO of the Global Wind Energy Council, explains why governments around the world must take decisive action on climate change and bolster energy security.
bespoke answers vital for offshore wind gains

Bespoke answers vital for offshore wind gains

Offshore wind is one of the fastest-growing energy sectors in the world, and is set to be a transformative force for the global energy transition. Bui Vinh Thang, country manager in Vietnam at the Global Wind Energy Council (GWEC), told VIR’s Nguyen Thu how future policy for steady and sustainable growth can be ensured, providing sufficient time for the industry to take off and mature in Vietnam.
offshore wind bonanza within reach for the country

Offshore wind bonanza within reach for the country

Vietnam’s offshore wind potential comes with its own set of hurdles and restrictions. David Harrison, partner at Mayer Brown’s Vietnam Office, talked with VIR’s Nguyen Thu about wind energy’s role in Vietnam’s energy transition.
leaders register for renewable energy event

Leaders register for renewable energy event

The Future Energy Show Vietnam and The Solar Show Vietnam – the largest energy events in the nation – return to Ho Chi Minh City once again this July. After an absence of more than three years, they mark the first time that energy leaders have been able to gather on such a scale since 2019.
investors clamour for wind incentives

Investors clamour for wind incentives

Developers and investors are asking for incentives for the first step instead of a bidding mechanism to develop offshore wind power projects in Vietnam, in order to reach the target of 7GW of offshore wind power by 2030.
finding the spark to ignite energy goals

Finding the spark to ignite energy goals

Transforming Vietnam into a high-income economy by 2045 requires enough juice to power the nation’s machinery. However, with the heavy reliance on coal, the country also needs to tackle issues regarding climate change, thus accelerating its journey towards utilisation of its abundant renewable energy sources.
wind power cornerstone of the recovery

Wind power: cornerstone of the recovery

The COVID-19 pandemic has created an unprecedented economic and social challenge around the world. Countries and communities are facing economic contractions, rising unemployment rates, capital flow disruption, and growing debt burdens.
world bank builds offshore wind roadmap for vietnam

World Bank builds offshore wind roadmap for Vietnam

The World Bank has recommended 20 actions that address three priority areas for Vietnam’s successful offshore wind industry.
evaluating a complex year in wind energy and determining what comes next

Evaluating a complex year in wind energy and determining what comes next

Last year, one third of the wind power sector’s projects with a combined capacity of around 2,000MW, equal to more than $3 billion in capital, failed to reach completion.
transparent mechanisms advised to make most of offshore wind potential

Transparent mechanisms advised to make most of offshore wind potential

Offshore wind power is poised to become a key pillar of the nation’s energy transition, and its rapid development is imperative for Vietnam’s net emissions reduction. However, issues remain with policy frameworks and grid capacity.
four provinces propose adding wind and solar power projects to pdp8

Four provinces propose adding wind and solar power projects to PDP8

Ninh Thuan, Binh Thuan, Quang Ninh, and Thai Binh provinces have recently sent proposals to the Ministry of Industry and Trade to add a series of wind and solar power projects to the National Power Development Plan VIII (PDP8).
dak nong calls for investors in two renewable energy projects at australian webinar

Dak Nong calls for investors in two renewable energy projects at Australian webinar

At an Australian investment promotion webinar, Dak Nong People’s Committee presented the $740 million Tuy Duc wind farm and the $520 million Krong No solar project.
hsbc gives green support to wind energy sector of vietnam

HSBC gives green support to wind energy sector of Vietnam

HSBC Vietnam will provide short-term green trade finance for renewable energy construction for Power Construction JSC No.1 (PCC1).