21-08-2024 14:40
In July, the government issued a ruling on direct power purchase agreements (DPPAs). Dr. Oliver Massmann, partner and general director of consulting firm Duane Morris Vietnam LLC, spoke with VIR’s Khoi Nguyen about how the move will impact the energy sector in Vietnam, especially when it comes to German investors.
15-08-2024 15:23
Despite starting from a low base, renewable energy is experiencing robust growth in Asia-Pacific, with installed generation capacity increasing at an average compound annual growth rate of 9 per cent. By 2030, renewable energy is expected to account for 30-50 per cent of the power generation mix across most Asia-Pacific markets.
01-08-2024 10:35
Direct power purchasing mechanisms pave the way for manufacturers to accelerate their emission reduction strategies by expanding the procurement of renewable energy.
01-08-2024 10:30
A July government decree permits many kind of renewable energy projects to engage in direct power purchase agreements without using Vietnam Electricity transmission line. Tran Dang Khoi, general director of Hero Future Energies Vietnam LLC under Hero Group, told VIR’s Oanh Nguyen about the impact of the policy on renewable energy firms and offered some proposals.
23-07-2024 10:50
The US Department of State’s Bureau of Energy Resources (ENR) applauded the Vietnamese government's approval of a direct power purchase agreement (DPPA) on July 3, a significant milestone towards achieving net-zero emissions by 2050.
12-07-2024 12:23
Samsung Electronics Vietnam is on track to ramp up its climate action by expanding its procurement of renewable energy.
06-07-2024 10:46
The United States Mission to Vietnam has applauded the government for approving a decree on the direct power purchase agreement.
04-07-2024 15:52
A recently issued government decree permits rooftop solar, waste-to-energy, and biomass projects to engage in direct power purchase agreements (DPPA) without routing through Vietnam Electricity (EVN).
28-05-2024 13:00
The business community has asked for relaxed regulations for large customers to be able to buy and sell electricity directly.
16-05-2024 15:57
The draft decree on direct power purchase agreements, if adopted, will be a convenient mechanism for both renewable energy power generation projects and large customers, but there are still concerns about power transmission and expanding the number of electricity buyers.
08-05-2024 12:13
The Vietnam Chamber of Commerce and Industry (VCCI) has recommended allowing all businesses and individuals to purchase renewable energy directly, rather than through state utility Vietnam Electricity (EVN).
17-04-2024 14:05
The Ministry of Industry and Trade (MoIT) has put forward a proposal that would allow manufacturers to directly procure electricity from renewable energy plants, either through Vietnam Electricity (EVN) or independently.
12-04-2024 10:33
The Ministry of Industry and Trade (MoIT) has proposed an expansion of the Direct Power Purchase Agreement (DPPA) mechanism, which facilitates the direct sale of electricity between renewable energy producers and large electricity consumers.
30-10-2023 09:40
24 renewable energy projects with a combined capacity of 1,773MW have expressed interest in participating in a pilot scheme for a direct power purchase agreement (DPPA) in Vietnam, according to the Ministry of Industry and Trade (MoIT) in a report submitted to Prime Minister Pham Minh Chinh las week.
21-05-2023 08:00
Vietnam's Prime Minister Pham Minh Chinh has revealed path for direct power purchase agreements (DPPA) to drive renewable energy investments. As the nation positions itself as a key player in the renewable energy landscape, the successful implementation of DPPA mechanisms promise to propel Vietnam towards a more energy-independent future.