Vietnam’s roadmap to decarbonisation

Vietnam’s roadmap to decarbonisation

Global demand for energy is increasing due to population and economic growth, especially in large emerging countries, which will account for 60 per cent demand growth by 2025. Vietnam, as a developing country, is therefore facing some barriers.
2021 remains gap year for solar developers

2021 remains gap year for solar developers

After a boom in solar development thanks to incentives given in 2020, Vietnam held back due to a policy gap that has pushed investors into an awkward situation this year.
Rooftop solar power taking off in industrial zones

Rooftop solar power taking off in industrial zones

Industrial zone developers are interested in building infrastructure facilities in collaboration with the installation of rooftop solar power, which contributes to helping Vietnam realise commitments on greenhouse gas reduction.
CME Solar - Rolls out “zero-cost investment” model for rooftop solar projects

CME Solar - Rolls out “zero-cost investment” model for rooftop solar projects

At the Leaders’ Summit within the framework of the 26th United Nations Climate Change Conference (COP26), Vietnamese Prime Minister Pham Minh Chinh shared Vietnam’s strong commitments to achieve net-zero emissions by 2050 and joined important statements and initiatives on forest protection, transition to renewable energy, adaptation support for local communities, and reducing methane emissions.
SkyX Solar extends sustainability ambition

SkyX Solar extends sustainability ambition

Rooftop solar developer SkyX Solar and its strategic partners – VinaCapital and EDF Renewables – are planning to invest more than $100 million to develop 200MWp of rooftop solar and distributed energy solar projects for commercial and industrial customers
Capacity for maximum growth in rooftop solar arena

Capacity for maximum growth in rooftop solar arena

Mergers and acquisitions in the solar energy sector in Vietnam are expected to rise in 2022, reflecting the country’s economic fortunes, since the country has a lot of potential for solar energy due to its geographical location. In addition, as a consequence of global supply chain adjustments and the country’s overall trend of rapid development, Vietnam’s prominence has risen.
Solar schemes generating energy and cutting emissions

Solar schemes generating energy and cutting emissions

Thanks to Vietnam’s efforts to diversify its power mix with a heavier focus on renewable energy projects, leaders say the country is now in a great position to build a sustainable future and attract foreign investment into clean and green energy.
New tactics in tow for sticky solar situation

New tactics in tow for sticky solar situation

Learning from the lessons of the previous feed-in tariffs that caused the domestic solar power market to be oversupplied, the Ministry of Industry and Trade is currently drafting a new policy to lay the foundation for a more sustainable development approach in the sector.
US dumping allegations threaten solar exporters

US dumping allegations threaten solar exporters

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.
Singapore leading M&A rankings

Singapore leading M&A rankings

Singapore is continuing to take a lion’s share of Vietnam’s mergers and acquisitions scene in 2021 despite the myriad of regional challenges.
New phase on horizon for solar power development

New phase on horizon for solar power development

Vietnam, a rising star in Asia in solar power development, is to slash feed-in tariffs for rooftop solar installations this month, hoping to release some of the pressure on the national power grid that was exacerbated by the previous generous tariff that lasted until the end of December, as well as to prevent fraud for solar farming.
FiT for rooftop solar to drop 30 per cent

FiT for rooftop solar to drop 30 per cent

The new FiT for rooftop solar may be set at 5.3-5.8 US cents per kWh, instead of the 8.38 US cent that was applied to projects starting before the end of 2020.
Malaysia's Tenaga makes foray into Vietnamese solar market

Malaysia's Tenaga makes foray into Vietnamese solar market

TNB Renewables Sdn., Bhd. will acquire 39 per cent in a 21.6MW project comprising of five rooftop solar plants in Vietnam from Singapore’s Sunseap Group.
Grand opening of 10MWp Song Binh rooftop solar farm in Binh Thuan

Grand opening of 10MWp Song Binh rooftop solar farm in Binh Thuan

Song Binh rooftop solar farm was officially put into operation, adding a total power output of 10MWp a year to the national grid.    
Booming solar power: signal for worry or delight?

Booming solar power: signal for worry or delight?

Vietnam’s rooftop solar sector has broken a record for its installed capacity within one year, with the country adding roughly 9,000 megawatt peak before December 31 for the second-round feed-in tariff.
1 2