B.Grimm Power, one of Thailand’s largest private power producers, has secured a green loan from the Asian Development Bank (ADB) to develop a solar power project in Vietnam. The project is the largest single operating solar power plant in Vietnam and one of the largest in Southeast Asia. The project will be developed by Phu […]
Vietnam aims doubling use of renewables by 2030 to slash CO2
Power shortages loom, but climate fears drive country away from coal reliance HO CHI MINH CITY : Vietnam aims to double use of renewable energy and slash carbon emissions 15% by 2030, which could reduce reliance on coal in a country threatened by climate change and power outages. Solar, wind and other alternative energy will […]
ADB offers certified green loan for 257MW solar plant in Vietnam
The Asian Development Bank will provide a certified green loan of $186m to Phu Yen TTP Joint Stock Co (Phu Yen JSC). The money will fund development and operation of a 257MW solar power plant in Hoa Hoi, Phu Yen Province, Vietnam. The Asian Development Bank will provide a certified green loan of $186m to […]
Vietnam govt says needs $133.3 bln for power projects by 2030
Of the total, $96 billion is needed to build new power plants and $37.3 billion to expand its power grid, the government said in a statement on its website HANOI: Vietnam will need to invest up to $133.3 billion in new power plants and transmission networks over the next decade to meet the country’s rising […]
ROUND-UP: Portuguese projects under the hammer, Dehui claims Vietnam first
A round-up of the latest solar industry news from around the world, as Aquila picks up its first solar projects in Portugal, one of Europe’s hottest solar markets, and Dehui lays claim to being Vietnam’s first module manufacturer to produce next-generation panels. Aquila picks up first Portuguese solar portfolio 11 September 2020: Renewables investor Aquila […]
Vietnam home to nearly 50,000 rooftop solar projects
There are some 50,000 operational rooftop solar projects around Vietnam with a combined capacity of about 1,200 MWp, Electricity of Vietnam (EVN) has revealed. Hanoi : There are some 50,000 operational rooftop solar projects around Vietnam with a combined capacity of about 1,200 MWp, Electricity of Vietnam (EVN) has revealed. Of these, 25,700 with 758.2 […]
Vietnam sees rooftop solar boom
Over 45,000 households and organizations in the country have installed rooftop solar panels, whose prices have been falling rapidly in recent years. Le Anh Tuan, lecturer at Can Tho University in southern Can Tho City, spent VND130 million ($5,600) to install a 3.9 kWp rooftop solar power system in his home four years ago and […]
Vietnam has 42,187 rooftop solar power projects
According to the Vietnam Electricity (EVN), around 42,187 rooftop solar power projects have been put into operation so far with a total capacity of 925.8MWp. Deputy Minister of Industry and Trade Hoang Quoc Vuong said that Vietnam had a fast speed of development of rooftop solar power system and partly met the demand for electricity […]
Vietnam yet to optimize renewable energy utilization as shortages loom
Vietnam is struggling to fully utilize the potential of renewable energy because of policy roadblocks even though power shortages are expected in upcoming years. In the central province of Ninh Thuan, one of the solar power hotspots in the country, nine of 15 operating solar projects are running at just 30-60 percent of their maximum […]
India may continue with the safeguard duty on solar cells imported from China, Thailand, Vietnam
New Delhi : India may continue with the safeguard duty on solar cells imported from China, Thailand and Vietnam for one year period eective July 31. However, other developing countries including Malaysia and Indonesia are exempt from the duty, the Directorate General of Trade Remedies (DGTR) said in its nalndings of review investigation for continued […]