development at stake with fit alteration

Development at stake with FiT alteration

The proposed dramatic reduction to the feed-in tariff risks seriously damaging the growth of Vietnam’s promising wind power sector, slowing down investment and the creation of new jobs and making it harder for the nation to meet growing energy demand, according to the Global Wind Energy Council.
norwegian scatec solar asas sn power to acquire its first wind farm in vietnam

Norwegian Scatec Solar ASA's SN Power to acquire its first wind farm in Vietnam

The Norwegian SN Power AS has signed a binding agreement to acquire 100 per cent of the shares in the 39.4MW Dam Nai Wind Power JSC in Vietnam from Mekong Wind Pte., Ltd. which is fully owned by Singapore-based Armstrong Southeast Asia Clean Energy Fund.
mainstream to co develop 500mw offshore wind energy project in ben tre province

Mainstream to co-develop 500MW offshore wind energy project in Ben Tre province

Following the Phu Cuong Soc Trang project in Soc Trang province, Mainstream Renewable Power has signed a joint development agreement with Advance Information Technologies Corporation (AIT), a local specialist in providing EPC services to power projects and a strong local developer of renewable energy projects, to co-develop a 500MW offshore wind power project in Ben Tre province.
thai company plans to acquire three solar farms in vietnam

Thai company plans to acquire three solar farms in Vietnam

WHA Utilities and Power (WHAUP), which provides utilities under WHA Corporation, Thailand's biggest industrial land developer and operator, is planning to acquire three solar farms under its new asset acquisition plan in Vietnam, as reported by Bankok Post.
queen capital finance signed mou to jointly develop 560mw of wind farms in vietnam

Queen Capital Finance signed MoU to jointly develop 560MW of wind farms in Vietnam

The premier Asia-focused independent private equity investment firm, Queen Capital International Limited, signed an MoU with Lee&Lee JSC and Thien Phu Energy Investment JSC for the joint development of two wind farms with a total installed capacity of up to 560MW.
gwec urges vietnam to extend wind energy scheme

GWEC urges Vietnam to extend wind energy scheme

Vietnam is the fastest-growing wind energy market in Southeast Asia, with 500MW of onshore and offshore installed capacity, and an additional 4GW due to be connected by 2025. Liming Qiao, Asia director of the Global Wind Energy Council, told VIR’s Nguyen Thu how Vietnam’s feed-in tariff scheme, which has fuelled the wind industry’s development, must be urgently extended to maintain investor appetite and avoid a bust scenario.
ample potential for norwegian wind energy cooperation

Ample potential for Norwegian wind energy cooperation

Vietnam’s approach to sustainable energy and the emergence of wind energy in the market offer tremendous opportunities for Norwegian companies. Commercial counsellor Arne-Kjetil Lian, director of Innovation Norway in Vietnam, shared with VIR’s Thanh Van the prospects of Norwegian and Vietnamese companies in co-developing wind energy.
global wind energy council calls on vietnam to extend wind tariff and clean energy lead

Global Wind Energy Council calls on Vietnam to extend wind tariff and clean energy lead

An industry alliance led by the Global Wind Energy Council (GWEC) has called on the Vietnamese Government to urgently extend the wind energy Feed-in Tariff (FiT) scheme.
philippines based ayala corporation boosts investment in local energy market

Philippines-based Ayala Corporation boosts investment in local energy market

The Philippines-based Ayala Corporation has set eyes on the Vietnamese energy market after its plans in Australia have been thwarted when Infigen Energy refused its take-over offer.
ac energy steps on gas with development of vietnams largest wind farm

AC Energy steps on gas with development of Vietnam's largest wind farm

AC Energy Inc. rushes co-operation with partners to develop a series of wind farms in Vietnam, one of its key markets, as it aims to become one of the largest listed renewables platforms in Southeast Asia.
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.
lessons from solar rush to invest in wind power plants to get high tariffs could overload grid

Lessons from solar: Rush to invest in wind power plants to get high tariffs could overload grid

The rush to invest in wind energy to take advantage of the Government's pricing incentives could lead to overloading of the national grid in a repeat of the solar scenario, experts warn.
digitalisation drives efficiency and decision making in wind energy

Digitalisation drives efficiency and decision making in wind energy

Digitalisation is already playing a major role in the growth of wind energy, but it can still drive further improvements in operational efficiency, decision making, and cost efficiency – if it can overcome concerns around data sharing.
new joint industry project launched to cut wind energy costs

New Joint Industry Project launched to cut wind energy costs

DNV GL, the world’s largest resource of independent energy experts and certification body, is calling on wind energy stakeholders to join a new Joint Industry Project to explore the potential of using light detection and ranging (LIDAR) to measure wind speed turbulence intensity for various applications in the wind industry.
boosting financing for vietnams onshore and offshore wind power projects

Boosting financing for Vietnam’s onshore and offshore wind power projects

Vietnam is set for wind energy expansion, with over a gigawatt expected to be installed by 2021. Ben Backwell, CEO of the Global Wind Energy Council, outlined to VIR’s Thy Nguyet the key tools in promoting wind energy in the Vietnamese market.