renewable energy

Update news renewable energy

The fate of unfinished wind power projects which failed to enjoy the FIT (feed in tariff) because they could not become operational prior to November 1, 2021 is uncertain.

Mekong Delta eyes rapid development of renewable energy

The Mekong Delta will need to optimise its natural conditions to develop renewable energy and attract investment in the sector to mitigate the impacts of climate change, experts have said.

Vietnam has 100,000 rooftop solar power projects

Power demand in Vietnam has increased by 10% per annum, which has required the country to use clean energy technologies, including rooftop solar power, to maintain high economic growth.

Saving billions of dollars, eighth power plan expected to cut electricity production costs

Deputy Prime Minister Le Van Thanh said the eighth national power development plan is designed in a way to put the common good and interests first.

From COP26: Vietnam's journey to become the world's green production center

Vietnam is known as a factory of the world. But with commitments made at the 2021 United Nations Climate Change Conference, more commonly referred to as COP26, Vietnam must become a "green factory", a green production center of the world.

MoIT propose auctions for renewable energy

The Ministry of Industry and Trade (MoIT) has put forth a proposal to start auctioning solar and wind energy projects that did not complete the technical test phase prior to October 31, 2021.

Solar power: state agencies loosens management, businesses commit violations

The Ministry of Industry and Trade (MOIT) has come to several conclusions after its review of issues related to rooftop solar power development.

Central Vietnam focuses on renewable energy

The central region is appealing to investors in the field of renewable energy to capitalise on its natural resources and boost economic development.

Vietnam reduces thousands of MW of coal-fired power in development plan

The total coal-fired thermal power capacity in the eighth national electricity development plan (Plan 8) is 14,800MW lower than the revised seventh plan. Vietnam is also considering developing offshore wind power.

Renewable energy offers investment opportunities in Vietnam

Vietnam’s target of raising renewable electricity to 45% of the national power generation capacity by 2030 and the need for investment worth up to $14 billion towards this goal have created opportunities for domestic and foreign firms.

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.

Government inspectors visit power plants, MOIT wants list of solar, wind projects

Deputy Minister of Industry and Trade Dang Hoang An has asked localities to compile the lists of wind and solar power plants in their areas.

Wind and solar power: race to exploit endless resources

In the Draft Power Development Planning 8, one of the power source scenarios with the highest scores is the development of power sources associated with renewable energy under Resolution 55 of the Politburo.

Capital conundrum in energy

A clear power policy and early publication of new power planning are urgently needed for Vietnam to attract private capital in infrastructure energy.

Euro banks offering green solutions

European financial institutions are displaying their optimism about Vietnam’s sustainability path by fostering green financing alternatives, thus empowering the country to fulfil its net-zero carbon emission promise by 2050.

Investors flock to Lang Son to build wind power plants

A mass of applications to develop wind power farms have been sent to Lang Son People’s Committee and Lang Son Department of Industry and Trade.

Vietnam reconsiders electricity sources after making international energy commitments

Vietnam’s commitments at 26th United Nations Climate Change Conference of the Parties (COP 26) will have a big impact on the country’s energy system. 

Auction mechanism for sustainable development of renewable energy market under scrutiny

A Policy Dialogue on “Auction Mechanism for Sustainable Development of the Renewable Energy Market” was held via an online format on January 11 by independent think tank Vietnam Initiative for Energy Transition (VIETSE).

Solar and wind power: the race among investors

The Feed in Tariff (FIT) incentive helps attract a private investors but there are still bottlenecks that causes them to hesitate to pour money into solar and wind power projects.

Energy development – strategic task towards industrialisation

Developing energy is a strategic task to realise the goal of industrialisation and modernisation.