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Update news solar power
Lured in by the feed-in tariff of 9.35 US cents for solar projects, investors are lining up for approval to generate gigawatts of power in the central provinces of Vietnam where solar irradiation is the strongest.
Prime Minister Nguyen Xuan Phuc has tasked the Ministry of Industry and Trade with reviewing media reports that many solar farms are operating below capacity due to the national grid overload.
Responding to the state’s call, private investors have poured money into renewable power projects, but problems remain.
With 88 solar and wind power plants going to join the national grid by June, Vietnam’s renewable energy industry is taking shape.
Vietnam is forecast to face bigger power shortages after 2020 due to many power projects in the revised master power plan falling behind schedule, especially in southern provinces.
UK based Enterprize Energy (EE) announced it had received a licence to conduct survey for a giant wind power farm offshore Ke Ga cape in the south central province of Binh Thuan.
Representatives from ministries and agencies made clear issues of public concern, such as the fight against counterfeit and fake goods and use of renewable energy during the government’s regular press conference in Hanoi on May 31.
Many solar power projects are scheduled to be connected to the national power projects by the end of June this year.
UNICEF Representative in Vietnam Rana Flowers highlights the importance of raising awareness of the harm air pollution can do to children. Việt Nam News reporter Nguyen Khanh Chi finds out more.
With increasingly high demand for electricity and the latest 8.36 percent electricity price spike, Electricity of Vietnam Group (EVN) and other power generation companies have seen profits soar.
While people believe that the monopoly enjoyed by EVN is the main reason behind high electricity prices, EVN affirms that prices will escalate if the company is dissolved.
Solar power developers will be able to sell electricity to EVN at the high price of VND2,086 per kwh for 20 years only if their plants become operational prior to July 1.
Solar power has been categorized one of the main sources to fuel Vietnam`s economy in the future.
VietNamNet Bridge - Vietnam is trying to develop a renewable power market in the long term, and to do this, it must seek foreign capital.
Tran Dinh Nhan, general director of Electricity of Vietnam (EVN), said that only 1,800 households have installed rooftop solar power systems in the last two years, with total capacity of 30 MW, a small figure compared with the potential.
VietNamNet Bridge - Vietnamese researchers in Australia have announced a discovery which could be a breakthrough in the development of the solar energy industry.
VietNamNet Bridge - Distributed electricity generation is believed to be a good solution which could help satisfy Vietnam’s demand for power, experts say.
VietNamNet Bridge - More and more solar power projects have kicked off in Vietnam, especially in the central region, by Chinese contractors.
VietNamNet Bridge - The Ministry of Industry and Trade (MOIT) is considering new measures for the solar power industry.
Solar power investors have poured big money into 332 solar power projects with total capacity of 26,000 MW, but they have been told that up to 90 percent of capacity may be dismissed because of limited transmission capacity.