wind power

Update news wind power

Development framework needed for wind power sales

The opportunity for offshore wind power export could slip away if VN does not finalise the framework for the development of this renewable energy type within the next year, said industry insiders and exports.

Several large power projects are behind schedule, the north in state of suspense

A number of hydraulic and thermal power projects in the north are under execution. Many of them have been proceeding slowly for many years, and it is unclear when they will be completed.

Wind-power future is in doubt

The future for investors of wind power projects remains unclear.

MOIT denies that clean-power selling prices are too low

Investors have repeatedly complained that prices for clean power are too low, but the Ministry of Industry and Trade (MOIT) has said the prices for wind and solar power were set after suggestions by an independent consultancy council.

Investors reluctant to put money into clean-power projects as pricing remains unclear

Thirty-six wind and solar power investors have sent a document to the Prime Minister requesting to fix problems in the pricing mechanism for transitional wind and solar power projects.

Electricity price hike expected in 2023: expert

The public will have to accept the 5-7 percent electricity price increase in 2023 as EVN has incurred a big loss of VND31 trillion and if it is not allowed to raise electricity prices, national energy security will be threatened.

New price framework for wind, solar power projects issued

The Ministry of Industry and Trade (MOIT) on January 7 issued a decision on the price framework for solar and wind power projects.

Prices for renewable energy still being negotiated

Negotiations about wind and solar power prices must observe the principles of publicity, transparency and consensus with investors.

ADB finances 107 million USD to develop wind power in Vietnam

The Asian Development Bank (ADB) has signed a 107 million USD financing project with BIM Wind Power Joint Stock Company (BIM Wind) to assist the operation of an 88 MW wind farm in the south central province of Ninh Thuan.

Vietnam has opportunity for energy transition towards green growth

Vietnam boasts substantial potential for wind power, particularly offshore wind power, providing an opportunity for the country to fulfill its energy transition target towards green growth.

80% of wind power projects operate at moderate level as tariff is unclear

Many wind power projects in Quang Tri are behind schedule because of unfavorable weather conditions, the impact of the Covid-19 pandemic, slow site clearance and an unclear tariff scheme.

Wind-power equipment: market with great potential

Vietnam has a large-scale mechanical industry market worth tens of billions of USD per year. However, domestic mechanical enterprises always lack orders.

EVN proposes reducing purchase price of wind and solar power

Vietnam Electricity (EVN) proposed the Ministry of Industry and Trade reduce the purchase price of wind and solar power by 30 percent compared to the current one.

EVN proposes wind energy projects in Gulf of Tonkin

Vietnam Electricity Group (EVN) is seeking approval from the Government to develop 4,000MW wind power projects off the Gulf of Tonkin in northern Vietnam to ensure national energy security.

Ministry recommends unfinished wind, solar farms negotiate energy prices

The Ministry of Industry and Trade (MoIT) has asked the Prime Minister about the mechanism for ongoing solar power and transitional wind power projects to enjoy the incentive price.

Government promotes wind power, reduces use of coal-fired power under national power plan

The government has chosen wind power and renewable energy in general to implement global commitments by 2050. But this is not expected to be a smooth path for a developing country like Vietnam.

62 wind-power projects unfinished: MOIT comes up with new solution

The Ministry of Public Security (MPS) is collecting information about credit contracts, outstanding loans and debt classification of project developers, while the Ministry of Industry and Trade (MOIT) has proposed new mechanisms for the projects.

Wind turbines are idle, wait for new policies

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.

German-invested firm plans three wind power plants in Lang Son

Chairman of the Lang Son Provincial People’s Committee Ho Tien Thieu held a meeting with BayWa r.e. Wind Projects Vietnam Co. Ltd. on June 8 to discuss investment in wind power projects in the northern mountainous province.

Wind power plants operate at half capacity

Wind power plants nationwide have a total designed capacity of 3,980 megawatts, but they are operating at a maximum of 2,000 megawatts per day, according to the National Load Dispatch Center.