samsung electronics vietnam to expand renewable energy procurement

Samsung Electronics Vietnam to expand renewable energy procurement

Samsung Electronics Vietnam is on track to ramp up its climate action by expanding its procurement of renewable energy.
us applauds vietnam for approving dppa decree

US applauds Vietnam for approving DPPA decree

The United States Mission to Vietnam has applauded the government for approving a decree on the direct power purchase agreement.
vietnam authorises dppa for rooftop solar and biomass projects

Vietnam authorises DPPA for rooftop solar and biomass projects

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).
dppa streamlining closer to acceptance

DPPA streamlining closer to acceptance

The business community has asked for relaxed regulations for large customers to be able to buy and sell electricity directly.
dppa decree may require supplements

DPPA decree may require supplements

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.
commerce chamber advocates power purchasing agreement bypassing state utility evn

Commerce chamber advocates power purchasing agreement, bypassing state utility EVN

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).
moit proposes scheme to boost renewable energy procurement

MoIT proposes scheme to boost renewable energy procurement

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.
moit seeks to broaden participation in power purchasing agreement

MoIT seeks to broaden participation in power purchasing agreement

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.
24 renewable projects show interest in direct power purchase agreement

24 renewable projects show interest in direct power purchase agreement

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.
vietnam to explore direct power purchase agreements in renewable sector

Vietnam to explore direct power purchase agreements in renewable sector

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.
pm calls for end to long delayed dppa fulfilment

PM calls for end to long-delayed DPPA fulfilment

Prime Minister Pham Minh Chinh last week directed an urgent study of international and regional experiences to review Vietnam’s draft direct power purchase agreement (DPPA) pilot, which has been in limbo for years.
burdens still to be tackled to ensure efficient dppa pilot

Burdens still to be tackled to ensure efficient DPPA pilot

Foreign investors have been closely monitoring a proposed pilot on the direct power purchase agreements in Vietnam, especially those with a long-term business strategy in renewable energy. However, the country’s limited mechanisms may mean the long-term goals will be difficult to attain.
vietnam to become green manufacturing hub by 2050 through net zero approach

Vietnam to become green manufacturing hub by 2050 through net zero approach

Vietnam’s commitment to achieving net zero emissions by 2050 at COP26 is expected to bring a tailwind of opportunities, helping to turn the country into a green manufacturing hub and facilitating the export of made-in-Vietnam products into the markets of developed nations.
dppa pilot to prompt low carbon adoption

DPPA pilot to prompt low-carbon adoption

Vietnam’s much-awaited direct power purchase agreement pilot will be an effective tool for global companies to meet their sustainability commitments, but it remains to be seen how Vietnam can meet the green energy demand from global businesses.
strong dppa scheme desired

Strong DPPA scheme desired

The Minister of Industry and Trade is likely to sign a draft circular regulating a pilot project for electricity purchases and sales between renewable energy generators and consumers under direct power purchase agreements. However, while the ministry is gaining support from some organisations, experts advise designing the schemes in an appropriate manner.