vinacapital led consortium to invest in 13 billion wind power project

VinaCapital led consortium to invest in $13 billion wind power project

The consortium of VinaCapital Group and EDF Renewables proposed surveying four locations to implement an offshore wind power project in Ba Ria - Vung Tau province with a total project investment of about $13 billion and a capacity of 3,000MW.
offshore wind future in balance for vietnam

Offshore wind future in balance for Vietnam

The long-awaited Power Development Plan VIII is set to target the development of about 7GW of offshore wind power in Vietnam. However, both investors and localities are waiting for a clearer roadmap.
meeting seeks ways to tap offshore wind power

Meeting seeks ways to tap offshore wind power

The Vietnam Administration of Seas and Islands on July 22 held a hybrid consultation to seek advice on promoting the exploitation of offshore wind power.
corio partners with vietnams fecon on vung tau wind farm

Corio partners with Vietnam’s FECON on Vung Tau wind farm

On June 22, Australian Corio Generation has signed an agreement with FECON, a leading Vietnamese construction and infrastructure group for a proposed 500MW offshore wind farm in Ba Ria in Vung Tau province.
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.
offshore wind power investors need better mechanism

Offshore wind power investors need better mechanism

While Vietnam plans a 7,000MW of offshore wind power by 2030, most of wind farm investors shared their concern about the bidding mechanism for the industry in a recent energy workshop in Hanoi.
scenarios offer clarity for renewables

Scenarios offer clarity for renewables

Bringing together authorities and investors in a transparent manner on appropriate risk-sharing and design of a conducive regulatory framework are considered vital activities for developing new industries for offshore wind, attendees heard at the launch of a new national energy report.
measures sought to facilitate offshore wind power development

Measures sought to facilitate offshore wind power development

The Danish Embassy in Vietnam and the Electricity and Renewable Energy Authority under the Ministry of Industry and Trade (MoIT) jointly held a conference in Hanoi on June 2 to discuss measures to promote the development of offshore wind power in Vietnam.
equinor reaffirms entry in vietnams offshore wind

Equinor reaffirms entry in Vietnam’s offshore wind

The official opening of a representative office in Hanoi by Equinor demonstrates the ambition of Norway’s largest energy company in Vietnam, which boasts huge potential for offshore wind development. Jens Olaf Økland, Equinor’s senior vice president, discussed with VIR’s Bich Thuy the group’s upcoming plans in the region.
philippines unveils offshore wind power roadmap

Philippines unveils offshore wind power roadmap

The Philippines has released its offshore wind power roadmap, in which two scenarios are outlined for the development of the country’s wind power industry.
contributing to vietnams green energy shift emagazine

Contributing to Vietnam’s green energy shift (Emagazine)

With over 3,200km of coastline, Vietnam has huge potential for offshore wind power ventures. Stuart Livesey, senior director and head of Copenhagen Offshore Partners in Vietnam, explained to VIR about Vietnam’s wind power market and how the project he is involved in will contribute towards shaping the country’s offshore wind sector.
vietnam to cut solar power capacity in draft plan

Vietnam to cut solar power capacity in draft plan

Deputy Prime Minister Le Van Thanh told the Ministry of Industry and Trade (MoIT) to reduce the solar capacity and increase offshore wind power in the draft Power Master Plan VIII.
contributing to vietnams green energy shift

Contributing to Vietnam’s green energy shift

With over 3,200km of coastline, Vietnam has huge potential for offshore wind power ventures. Stuart Livesey, senior director and head of Copenhagen Offshore Partners in Vietnam, explained to VIR’s Phuong Thu about Vietnam’s wind power market and how the project he is involved in will contribute towards shaping the country’s offshore wind sector.
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.
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.