Suggestions to address draft power plan shortcomings

Suggestions to address draft power plan shortcomings

Independent scientific organisations and many development partners have made efforts to contribute to Vietnam’s development of renewable energy, while ceasing to develop new coal power plants.
Looming FiT deadline impels action

Looming FiT deadline impels action

Wind power projects currently under construction that have been affected by COVID-19 will likely receive a new feed-in tariff (FiT) rate instead of the current 8.5 US cents per kWh.
BIM Group to launch Vietnam’s largest salt & renewable energy economic zone

BIM Group to launch Vietnam’s largest salt & renewable energy economic zone

BIM Wind Farm started commercial operation in Ninh Thuan province on September 30. Developed by BIM Wind, a joint venture between BIM Group and AC Energy from Philippines, it is a final phase of the project that transformed the region into the largest sal
Balanced planning in the works for power

Balanced planning in the works for power

With the National Power Development Plan VIII still being scrutinised in various drafts, voices are being raised to even out the balance between a sustainable and affordable power supply and a steady grid structure.
Unleashing Vietnam’s clean power potential

Unleashing Vietnam’s clean power potential

Two of Vietnam’s new wind power projects have overcome the obstacles of pressing commencement deadlines, challenging funding conditions, and a pandemic thanks to critical support from their banking partners.
Fresh policy route jolts investors

Fresh policy route jolts investors

For years, numerous foreign financiers have been interested in developing onshore and offshore wind farms worth billions of US dollars in Vietnam, with its great potential for the renewable energy and a transition from coal. However, a new policy direction dampening down of ambitions may close the door on some new funding waves.
Wind power project No.5 Ninh Thuan put into commercial operation

Wind power project No.5 Ninh Thuan put into commercial operation

Trungnam Group put its wind power project No.5 Ninh Thuan into commercial operation in the south central province of Ninh Thuan on September 21.
Double miracle for incredible installation speed in Vietnam's wind power sector

Double miracle for incredible installation speed in Vietnam's wind power sector

With unrivalled determination, creativity, and spirited leadership, the joint venture of AMACCAO and IC Build has created a double miracle in the Vietnamese wind power industry by successfully installing the largest turbine within the shortest time on rec
Influential institutions look to wind down coal activities

Influential institutions look to wind down coal activities

Some international lenders, funds, and insurers are joining a growing list of financial institutions across the globe retreating from coal-fired power plants, particularly projects in Vietnam and other Asian nations, as concerns grow over the role that fossil fuels play in exacerbating the adverse impacts of climate change.
Energy developers grapple with deadline

Energy developers grapple with deadline

A series of multi-billion-dollar wind power projects are racing to make a tariff deadline, with potential energy gridlock on the horizon for Vietnam.
Over 100 wind power plants register to supply electricity to national grid

Over 100 wind power plants register to supply electricity to national grid

A total of 106 wind power plants nationwide with a combined capacity of more than 5,655 MW have registered to conduct commercial operations and join the national grid, according to Vietnam Electricity (EVN).
Top Thai power firm announces funding for renewable projects in Thailand and Vietnam

Top Thai power firm announces funding for renewable projects in Thailand and Vietnam

B.Grimm Power Plc. has announced it would allocate $91 million in funding for solar and wind projects in Thailand and Vietnam.
GE’s HA gas turbine fleet achieves 50 customers and one million operating hours

GE’s HA gas turbine fleet achieves 50 customers and one million operating hours

GE’s H-Class heavy duty gas turbine fleet has secured more than 50 customers across 20 countries and accumulated more than 1 million commercial operating hours.
Wind developers ask for transitional policy

Wind developers ask for transitional policy

With world-class resource potential and rapidly growing power demand, Vietnam is facing a crucial crossroads and has the opportunity to accelerate deployment of both onshore and offshore wind, according to a new report – but the ongoing pandemic is causing regulatory challenges and delays to many projects as developers attempt to settle on incentive policies for the next stage.
AC Energy reaches 1,000MW milestone in key Vietnam market

AC Energy reaches 1,000MW milestone in key Vietnam market

Vietnam becomes AC Energy’s largest market to date outside of the Philippines with its Vietnam-based renewable energy projects reached 1,000 MW in operation and under construction, of which 637 MW is the attributable capacity.
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