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 procure electricity from renewable energy plants.
MoIT seeks to broaden participation in power purchasing agreement

MoIT seeks to broaden participation in power purchasing agreement

The Ministry of Industry and Trade has proposed an expansion of the Direct Power Purchase Agreement mechanism.
24 renewable projects show interest in direct power purchase agreement

24 renewable projects show interest in direct power purchase agreement

The country sees 24 green energy projects joining hands for direct PPA initiative
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 a path for direct power purchase agreements (DPPA) to drive renewable energy investments
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, facilitating the export of made-in-Vietnam products.
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.
Game changer for the energy arena

Game changer for the energy arena

Vietnam has recently created several favourable policies, including the Politburo’s Resolution No.55-NQ/TW on the orientation of Vietnam’s national energy development strategy to 2030 with a vision towards 2045, to boost renewable energy development, with
ABB’s next-level DPPA model advice

ABB’s next-level DPPA model advice

Brian Hull, country managing director of ABB in Vietnam, told VIR’s Phuong Thu about the company’s efforts to unlock access to corporate power purchase agreements in Vietnam as part of achieving a zero emission future.