financiers race to cash in on wind

Financiers race to cash in on wind

While Vietnam’s wind investors are in a race to reap incentives before the November 2021 deadline hits, concerns remain that a boom in solar power projects will lead to a reduction in capacities.
game changer for the energy arena

Game changer for the energy arena

Vietnam has recently created several favourable policies, including the Politburo’s Resolution No.55-NQ/TW on the orientation of Vietnam’s national energy development strategy to 2030 with a vision towards 2045, to boost renewable energy development, with a new programme of corporate power purchase agreements being formulated to attract funding into the sector. Vaibhav Saxena, lawyer at Vietnam International Law Firm, ventures into the policy outlook on renewable energy in this country, which may prove extremely beneficial for financiers who expect to grow their energy investments.
us groups getting busy in the asean

US groups getting busy in the ASEAN

American corporations are pushing trade and investment into Southeast Asia, especially Vietnam, enhancing bilateral economic ties.
banpu enters vietnamese power generation market

Banpu enters Vietnamese power generation market

With the recent construction, Thailand’s Banpu Power Pcl. is cementing its footprint in Vietnam, taking the view that the country is a more promising investment destination.  
fico picks binh dinh for two wind farm projects

FICO picks Binh Dinh for two wind farm projects

FICO Corporation's decision to invest its two wind farms in Binh Dinh province will help it avoid the grid overload issues experienced in Tra Vinh, Ninh Thuan, and Binh Thuan.
strategy aims to ensure national energy security

Strategy aims to ensure national energy security

The National Energy Development Strategy by 2030, with vision to 2045 aims to ensure national energy security, which serves as a foundation for growth.
us ties expand on back of power plans

US ties expand on back of power plans

Vietnam is diversifying its sources of power in the direction of reducing coal-fired power and raising the share of renewable energy and liquefied natural gas-based power, creating a new race for investors as well as helping to balance bilateral trade and deepen economic interests between the United States and Vietnam.
made in vietnam energy plan 20 to debut next week

Made in Vietnam Energy Plan 2.0 to debut next week

The Vietnam Business Forum will roll out next week the second edition of the Made in Vietnam Energy Plan (MVEP 2.0), a business case for the primary use of Vietnam’s domestic resources to stimulate investment in clean, secure and affordable energy generation.
pv power mobilises capital for nhon trach 3 and 4 thermal power plants

PV Power mobilises capital for Nhon Trach 3 and 4 thermal power plants

PV Power completed the feasibility study for the implementation of large-scale projects, including Nhon Trach 3 and 4 thermal power plants, and has mobilised capital to develop projects located in Ong Keo Industrial Zone in the southern province of Dong Nai.
wind farm blaze puts om activities in the spotlight

Wind farm blaze puts O&M activities in the spotlight

Vietnam’s first fire at a wind farm project has become a warning for the operational and maintenance activities of renewable energy facilities as many projects are expected to connect to the grid soon.
renewable funding solutions sought

Renewable funding solutions sought

The ignition of interest in renewables has indicated the potential for rapid development under effective policies and current market conditions, but ambitions to expand renewable energy generation further will be constrained by the barriers in attracting private sector investment.
work begins on lac hoa wind power plant in soc trang

Work begins on Lac Hoa wind power plant in Soc Trang

Construction of a wind power plant began on Tuesday in the Cuu Long (Mekong) Delta province of Soc Trang.
energy partners ramp up calls for dppa pilot

Energy partners ramp up calls for DPPA pilot

While direct power purchase agreements have been one of the key drivers of global renewable energy infrastructure, especially in wind and solar, there is no defined plan for a pilot mechanism in Vietnam yet, raising the question of when and how the country can meet the clean energy needs of international enterprises.
vepg addresses key policy development processes for energy sector

VEPG addresses key policy development processes for energy sector

Vietnam Energy Partnership Group (VEPG) and its partners returned with the third high-level meeting addressing key policy development processes and other activities to boost the development of the Vietnamese energy sector in five priority areas, including renewable energy, energy efficiency, energy sector reform, energy access, and energy data and statistics.
utilising smart grids for optimum power results

Utilising smart grids for optimum power results

Over the past few years, although there has been a climb in investment in renewable energy, authorised agencies and financiers have expressed concerns about capacity of absorbing electricity of the national power grid. Duong Manh Cuong, senior project officer of the Ministry of Industry and Trade/GIZ Energy Support Programme, told VIR’s Nguyen Thu how smart grids can cope with the challenges.