renewable energy investment challenges in vietnam risks and delays

Renewable energy investment challenges in Vietnam: risks and delays

Minister of Industry and Trade Nguyen Hong Dien has noted that many investors have neglected procedures and violated regulations in their rush to meet the Feed-in-Tariff deadline.
mondelez kinh do launches solar energy projects

Mondelez Kinh Do launches solar energy projects

In line with its target of net-zero greenhouse gas (GHG) emissions by 2050, Mondelez Kinh Do Vietnam has announced solar energy projects for its Hung Yen and Binh Duong manufacturing centres, marking a bold step towards being a more sustainable food and beverage company. The projects are expected to reduce the CO2 equivalent of planting 7 million trees.
vietnam needs to modify policies to foster offshore wind power

Vietnam needs to modify policies to foster offshore wind power

According to Vietnam's new electricity strategy, the objective is to ensure the overall capacity of offshore wind power reaches 6 GW by 2030 and 7-9GW by 2050. This will assure energy safety as well as meet the rising needs of the whole nation, in pace with its socioeconomic development.
40 per cent renewable energy target for vietnams commercial power consumption

40 per cent renewable energy target for Vietnam's commercial power consumption

To implement the Power Development Plan VIII (PDP8) and secure the nation's energy supply, power system flexibility concerns must be handled immediately.
deputy pm stresses need to encourage use of electric vehicles

Deputy PM stresses need to encourage use of electric vehicles

Deputy Prime Minister Tran Hong Ha stressed the need to incentivise the conversion of fossil fuel-powered vehicles to electric vehicles and other types of clean energy.
phu my solar plant receives earliest cod

Phu My Solar Plant receives earliest COD

Bamboo Capital Group's Phu My Solar Power Plant has just achieved a significant milestone as the earliest recognised commercial operation date (COD) for a transitional renewable energy project on May 30. The project is setting a high standard for others to follow and positions the company as a key player in driving the country's renewable energy transition.
coal still with part to play in energy mix

Coal still with part to play in energy mix

In light of the possibility of electricity scarcity, Vietnam is aware of the continuing usefulness of coal as an energy resource, according to industry insiders.
pvs in talks with foreign investors for renewable energy investments

PVS in talks with foreign investors for renewable energy investments

PetroVietnam Technical Services Corporation (PVS) has revealed an overview of the company's successful bidding and contract acquisition for offshore wind power projects in various international markets, while emphasising the company's potential to lead in Vietnam's offshore wind power sector.
data centre appeal poised to expand

Data centre appeal poised to expand

Vietnam’s data centre sector is poised for substantial growth, although challenges surrounding regulations, construction, and mounting demand for energy efficiency need to be effectively navigated.
chinas xiamen hithium energy storage technology to invest in hai duong

China’s Xiamen Hithium Energy Storage Technology to invest in Hai Duong

Hai Duong province has proactively welcomed Xiamen Hithium Energy Storage Technology, a prominent Chinese high-tech business specialising in lithium-ion battery materials and energy storage systems, highlighting its dedication to attracting high-tech investments and fostering a favourable business environment.
evn intends to raise electricity prices from september

EVN intends to raise electricity prices from September

EVN considers that the 3 per cent rise in electricity prices enacted at the start of May 2023 has not been sufficient to cover its costs. The energy provider is seeking permission to adjust the price from September 1 to counterbalance the additional expense incurred from high input costs to ensure the company's financial stability.
the moit seeks to finalise transitional power rate

The MoIT seeks to finalise transitional power rate

The Ministry of Industry and Trade (MoIT) has issued a document requesting Vietnam Electricity (EVN) reach agreement with investors on a transitory price for energy produced by photovoltaic and transitional wind power plants by May 27.
malaysia encourages investment in developing hydro energy

Malaysia encourages investment in developing hydro energy

Malaysian government on May 23 announced the implementation of many renewable energy research and development programmes to encourage the participation of the private sector in the field of renewable energy.
empowering vietnams energy transition

Empowering Vietnam's energy transition

Firming up intermittent renewables and addressing the challenges of a balanced supply across the country are some issues to tackle Vietnam's energy needs and sustainable development. Wei Nan Yew, regional general manager of GE Gas Power in South Asia Pacific & ANZ, discussed GE's role in supporting Vietnam’s energy transition and strengthening its grid infrastructure.
cme solar and searefico ink cooperative partnership

CME Solar and Searefico ink cooperative partnership

With a shared commitment to reaching net-zero by 2050, Vietnamese renewable energy company CME Solar JSC has announced a new partnership with Searefico JSC, a leading national brand in engineering and technology, to promote rooftop solar across Vietnam.