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Search Results: 389 results for keyword "Solar power".
US dumping allegations threaten solar exporters
26-08-2021 08:00
While the market for solar panels and cells is booming amid the escalating climate change and energy demand, some exporters in Vietnam could be facing trade remedy actions if the US Department of Commerce deems them part of a larger scheme by Chinese producers allegedly trying to circumvent antidumping rules.
Influential institutions look to wind down coal activities
18-08-2021 08:00
Some international lenders, funds, and insurers are joining a growing list of financial institutions across the globe retreating from coal-fired power plants, particularly projects in Vietnam and other Asian nations, as concerns grow over the role that fossil fuels play in exacerbating the adverse impacts of climate change.
Top Thai power firm announces funding for renewable projects in Thailand and Vietnam
02-08-2021 14:56
Prestigious Thai power generation company B.Grimm Power Plc (BKK: BGRIM) has announced it would allocate THB3 billion ($91 million) in funding for solar and wind energy development in Thailand and Vietnam raised through its green debenture offerings.
KB Kookmin Bank provides $100 million loan for solar project led by ECP
01-08-2021 13:00
The largest South Korean lender, Kookmin Bank, announced that it will join other international financial institutions in a $840 million syndicated loan package to finance a solar power project.
Singapore opens one of world’s largest floating solar power farms
16-07-2021 10:00
A floating solar power farm covering an area of 45ha was unveiled in Singapore on July 14, becoming one of the biggest of its kind in the world.
Companies continue opting for rooftop solar solutions
07-07-2021 12:46
After a boom period thanks to feed-in tariff incentives in Vietnam over recent years, investors and developers are keeping their faith in the country’s solar rooftop potential thanks to high demand.
A paradox of power consumption and generation
05-07-2021 15:21
While power consumption is off the charts, Vietnamese cities are experiencing more frequent power cuts. Meanwhile, due to underlying grid insufficiencies, renewable energy projects are paradoxically being forced to reduce output.
Power plan revised to render market more competitive
23-06-2021 09:00
The government this month requested the Ministry of Industry and Trade to review and re-submit the Power Development Plan VIII as the scheme is geared towards speeding up establishment of a competitive electricity market. The aim, to ensure fair participation of all stakeholders, has the potential to attract investors and mobilise all resources for energy development.
Solar PV market under duress from dependence on imports
03-06-2021 22:18
As one of the fastest-developing countries in solar thanks to the current feed-in tariff, Vietnam’s billion-dollar solar panel market is mostly dominated by foreign investors and depending on imports.
Authorities cracking down on agricultural pretenders
28-05-2021 09:00
Farms neglecting agricultural production after installing rooftop solar power projects are being warned by local authorities to resume production soon in line with their project’s licences or face sanctions.
Danang encourages new renewable energy projects
26-05-2021 11:56
Danang encourages private enterprises to develop the renewable energy sector, including offshore projects as well as projects collaborating with high-tech agricultural development projects.
Coal, hydro power to give way to renewables
17-05-2021 09:42
Electricity of Vietnam (EVN) plans to mobilise 32 billion kWh of renewable energy, including 26.3 billion kWh of solar power, meaning the output of coal-fuelled and hydro-power plants will be reduced.
Foreign investors increase acquisitions of renewable energy projects in Vietnam
10-05-2021 12:02
Foreign investors from China, Thailand, and Singapore are increasingly acquiring renewable energy projects located at strategic positions from domestic enterprises.
Legislative urgency for solar project development
17-04-2021 09:00
In late January, the Ministry of Industry and Trade (MoIT) issued a draft decision guiding the selection of investors implementing solar power projects under the bidding mechanism. Since the prime minister’s Decision No.13/2020/QD-TTg dated April 6, 2020 on mechanisms to promote development of solar power in Vietnam applies to grid-connected projects with commercial operation date (COD) by December 31, 2020 only, it is expected that the draft will soon be finalised and become effective, so solar energy developers as well as relevant government authorities can have guidelines for projects with COD from 2021 onwards.
High hopes for PDP8 reform of energy mix
07-04-2021 11:48
The Ministry of Industry and Trade has submitted the National Power Development Plan 8 for approval within this government tenure. Although the plan is designed flexibly, some experts pointed out possible inefficiencies and the risk of wasting financial resources.
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