Contributing to Vietnam’s green energy shift

Contributing to Vietnam’s green energy shift

With over 3,200km of coastline, Vietnam has huge potential for offshore wind power ventures. Stuart Livesey, senior director and head of Copenhagen Offshore Partners in Vietnam, explained to VIR’s Phuong Thu about Vietnam’s wind power market and how the project he is involved in will contribute towards shaping the country’s offshore wind sector.
World Bank builds offshore wind roadmap for Vietnam

World Bank builds offshore wind roadmap for Vietnam

The World Bank has recommended 20 actions that address three priority areas for Vietnam’s successful offshore wind industry.
Renewable energy ventures increasingly in vogue

Renewable energy ventures increasingly in vogue

Businesses are exhibiting a growing appetite towards renewable energy ventures to effectively avail of recent changes to the latest national power development draft plan, as well as burgeoning opportunities on the horizon.
Solutions coming thick and fast for draft PDP

Solutions coming thick and fast for draft PDP

The policymakers of the latest draft of Vietnam’s mammoth Power Development Plan VIII see themselves confronted with additional wind and solar demand, as well as the scrutiny of a deputy prime minister, requiring the Ministry of Industry and Trade to remedy issues to meet the national goals of energy security and net zero emissions by 2050.
No more wind and solar power sources to be added this year

No more wind and solar power sources to be added this year

The Ministry of Industry and Trade will not add any more wind and solar power into this year's plan, due to a lack of input facilities to transfer them to the national grid.
Evaluating a complex year in wind energy and determining what comes next

Evaluating a complex year in wind energy and determining what comes next

Last year, one third of the wind power sector’s projects with a combined capacity of around 2,000MW, equal to more than $3 billion in capital, failed to reach completion.
PetroVietnam promoting US partnerships: The future of Vietnam’s energy industry

PetroVietnam promoting US partnerships: The future of Vietnam’s energy industry

On November 23, 2021, a round table discussion between PetroVietnam and US investors took place with the topic of potential energy investment in Vietnam.
Transparent mechanisms advised to make most of offshore wind potential

Transparent mechanisms advised to make most of offshore wind potential

Offshore wind power is poised to become a key pillar of the nation’s energy transition, and its rapid development is imperative for Vietnam’s net emissions reduction. However, issues remain with policy frameworks and grid capacity.
Vietnamese, German firms join hands in developing wind power projects

Vietnamese, German firms join hands in developing wind power projects

The Construction Joint Stock Company 47, Vu Phong Energy Group and Steag Energy Services GmbH of Germany signed in Hanoi on December 15 a memorandum of understanding (MoU) on jointly providing consultancy services for the implementation of wind power projects nationwide.
B.Grimm spends $7.1 million acquiring 48MW wind farm in Vietnam

B.Grimm spends $7.1 million acquiring 48MW wind farm in Vietnam

B.Grimm Power has spent $7.1 million to scoop up an 80 per cent stake in a Vietnamese company developing a 48MW wind farm project.
Vietnam eyes 4 GW offshore wind power capacity by 2030

Vietnam eyes 4 GW offshore wind power capacity by 2030

Vietnam will increase offshore wind power capacity to 4 GW from 1 GW and onshore wind power capacity to nearly 17.34 GW from about 1.26 GW by 2030, according to the latest draft of the National Power Development Plan VIII.
Playing field reset for power ventures after FiT deadline

Playing field reset for power ventures after FiT deadline

Wind projects totalling nearly 4GW have achieved commercial operations in time for the feed-in tariff deadline, but concerns remain over other wind farms getting their developments off the ground altogether.
JICA supports Vietnam in renewable energy development

JICA supports Vietnam in renewable energy development

Wind power projects in Quang Tri province, which JICA jointly provided funding for, have started commercial operation ahead of the October 31 deadline.
Danish Group to invest up to 13.6 billion USD in offshore wind farm in Hai Phong

Danish Group to invest up to 13.6 billion USD in offshore wind farm in Hai Phong

Denmark’s Ørsted Group, the world's largest corporation in the wind power industry, has proposed an offshore wind power plant in the northern port city of Hai Phong, with an estimated investment of between 11.9 billion USD to 13.6 billion USD.
Unitek provides global sustainable solutions for renewable energy projects in Vietnam

Unitek provides global sustainable solutions for renewable energy projects in Vietnam

Vietnam’s solar and wind power investors and developers should be careful when choosing direct and transmitted lightning protection systems.
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