AC Energy (ACEN), a subsidiary of Filipino billionaire Jaime Zobel de Ayala’s Ayala Corp, has agreed to buy a 49% stake in Solar NT, a unit of Thailand’s Super Energy Corp. operating in Vietnam, according to forbes.com.

Thai energy company Banpu PCL has agreed to acquire the companies holding a 50-MW portfolio of two solar parks in Vietnam in a deal worth 26.7 million USD, according to the company.

According to a report published by the World Bank, Vietnam can develop 5-10GW of offshore wind power by 2030, generating about $60 billion in added value.

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.

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

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.

Wind and solar power plants will emit huge amounts of waste of up to hundreds of thousands of tons in the next 10 years.

Visual Capitalist has listed Vietnam among the world’s top 10 for largest installed solar power capacity.

Capital flows into green growth projects have still seen positive signals despite adverse impacts from the COVID-19 pandemic on foreign direct investment (FDI) in Vietnam.

Solar experts have raised difficulties and problems in policies and procedures for investment, installation and operation of solar power systems in Vietnam at a seminar.

Renewable energy output is being reduced even as Vietnam is seeing blackouts as power consumption is off the charts.

The government this month requested the Ministry of Industry and Trade to review and re-submit the Power Development Plan VIII as the scheme is geared towards speeding up establishment of a competitive electricity market.

In the most recent heat wave in northern Vietnam, electricity consumption has set "historic peaks".

As one of the fastest-developing countries in solar thanks to the current feed-in tariff, Vietnam’s billion-dollar solar panel market is mostly dominated by foreign investors and depending on imports.

Vietnam, a global phenomenon in renewable energy development, has risen to the top of the region in terms of renewable energy, particularly solar power, in a short period of time. 

Wind and solar power are sustainable energy sources that are prioritized for development.

Vietnam, a rising star in Asia in solar power development, is to slash feed-in tariffs for rooftop solar installations this month, 

Sharing the same fate as solar power, sales of wind power in Vietnam are expected to be difficult because of "severe excess electricity" at some point in time.

The Feed-in-Tariff (FIT) of over VND2,000 per kwh, or 9.35 cent, has encouraged many investors to pour money into solar power. However, they have fallen into a dilemma because of unforeseeable problems.

The proportion of solar and wind power projects in the entire national electricity system is expected to increase, requiring thorough preparation because of the instability of these power sources, experts have said.