outlook positive for vietnams wind power

Outlook positive for Vietnam's wind power

Vietnam witnessed some positive developments for wind power projects, reflecting the country's commitment to transition to net-zero by 2050.
australias corio signs an mou with evngenco3 for offshore wind

Australia’s Corio signs an MoU with EVNGENCO3 for offshore wind

Australia’s Corio Generation, the offshore wind energy branch of Macquarie's Green Investment Group, has signed an MoU with EVNGENCO3, a subsidiary of Vietnam Electricity (EVN), for offshore windfarm development in Vietnam.
vietnam explores renewable energy export strategy

Vietnam explores renewable energy export strategy

On December 23, Vietnam's Deputy Prime Minister Tran Hong Ha tasked the Ministry of Industry and Trade (MoIT) with developing a framework to explore wind and solar energy.
answers sought for offshore wind gains

Answers sought for offshore wind gains

Vietnamese authorities are being urged to contemplate strategies to advance offshore wind energy development.
khe sanh wind power proposes over 50 per cent foreign stake in quang tri wind farm

Khe Sanh Wind Power proposes over 50 per cent foreign stake in Quang Tri Wind Farm

Quang Tri People's Committee has reportedly received a proposal from Khe Sanh Wind Power JSC, the investor behind the Amaccao Quang Tri 1 Wind Farm project. The communication outlines plans for a significant shift in the company's shareholding structure, with a proposal to transfer a portion of its shares to a newly established Vietnamese company with over 50 per cent foreign ownership.
cop28 vietnam business forum discusses green transition

COP28 Vietnam Business Forum discusses green transition

The Global Wind Energy Council (GWEC), Vietnam's Ministry of Planning and Investment (MPI), and the Embassy of Vietnam in the United Arab Emirates (UAE) co-organised The Vietnam Business Forum on December 2 to discuss mobilising resources for the country's green transition, gathering 160 key stakeholders to participate.
british businesses eye vietnams renewable energy sector

British businesses eye Vietnam's renewable energy sector

In a week-long visit to Vietnam, a delegation of 14 British businesses specialising in technology and renewable energy services earlier this month scouted for collaborative opportunities, eyeing the nation as a priority destination to expand their footprint in the Asia-Pacific region.
eib and evn explore offshore wind energy collaboration

EIB and EVN explore offshore wind energy collaboration

The European Investment Bank (EIB) and Vietnam Electricity Group (EVN) are deepening ties, with advanced loan discussions centred on the Bac Ai hydropower project.
siemens profit surges despite energy woes

Siemens profit surges despite energy woes

German industrial giant Siemens on Thursday said large orders for trains boosted earnings in the third quarter, helping to offset problems in its troubled wind energy business.
energy transition will not come without challenges

Energy transition will not come without challenges

To avoid catastrophic climate change and establish a trajectory that is compatible with the Paris Agreement, transformative changes to energy systems are urgently needed.
vietnams power sector faces difficulties integrating renewable electricity

Vietnam's power sector faces difficulties integrating renewable electricity

The accelerated expansion of solar and wind energy is straining the national power grid.
voices grow louder for energy plan approval

Voices grow louder for energy plan approval

Numerous organisations and investors are urging Vietnam to swiftly define policies to accelerate the deployment of 7GW of offshore wind energy by 2030.
vietnam has massive potential for offshore wind energy

Vietnam has massive potential for offshore wind energy

Vietnam has the potential to offer an economical and environmentally friendly energy source for economic growth, according to attendees at a recent workshop discussing offshore wind power.
34 investors in wind and solar energy face insolvency

34 investors in wind and solar energy face insolvency

Several investors are concerned about the derailment of their financial plans if the Ministry of Industry and Trade (MoIT) sets a low energy-producing price structure.
legal due diligence and major red flags for energy projects

Legal due diligence and major red flags for energy projects

Mergers and acquisitions can play a critical role for the power sector to flourish with a boosted financial model for investors with distinct appetite. Vaibhav Saxena, lawyer at Vilaf, looks at existing assets, assets under construction, and planned projects that have a special purpose vehicle.