Ingeteam has supplied its technology to a 240 MWp solar PV plant in Vietnam. The Xuan Thien Thuan Bac PV project is the largest one that Ingeteam has supplied to date for the solar sector in Southeast Asia. The company’s supply comprised forty 5 MW Inverter Stations, two 3.4 MW Inverter Stations, 220 kV plant […]
Vietnam to suspend new approvals for large-scale solar projects
135 of utility-scale solar capacity projects with a combined capacity of 8.93 GW have been approved for development in Vietnam. In a newly published policy document, Hanoi has urged regional governments and the country’s state-run utility, EVN, to suspend authorizations for new solar parks until further notice. Vietnam’s Ministry of Industry and Trade has […]
Vietnam Legal Update: Grid-Connected Solar Power Projects in Vietnam
Vietnam’s Ministry of Industry and Trade (the “MOIT”) recently issued instructions to the provincial People’s Committees and Vietnam Electricity (“EVN”) under Directive No. 9608/BCT-DL dated on 16 December 2019 on the suspension of proposals and agreements for solar power projects under the feed-in tariff (“FiT”) regime (“Directive 9608”). Decision 11/2017/QD-TTg dated 11 April 2017 on […]
WB, GIF support Vietnam in Solar Pilot Auction Programme
The Global Infrastructure Facility (GIF)’s Governing Council has approved 1.5 million USD in funding for the World Bank and Vietnam to carry out the Solar Pilot Auction Programme, the WB said on December 18. Hanoi : The Global Infrastructure Facility (GIF)’s Governing Council has approved 1.5 million USD in funding for the World Bank (WB) […]
MNRE misses capacity addition targets; 175 GW by 2022 in peril: Par Panel
he renewable energy ministry has continuously failed to achieve its yearly targets of clean energy capacity addition, which may hamper the mission of having 175 GW of renewables by 2022, said a Parliamentary panel. The Parliamentary Standing Committee on Energy has also asked the ministry to take up the issue of ambiguity and disputes related […]
Vietnam mulls bidding policy for solar power prices
The government is studying a plan to let investors bid on solar power prices after its incentive pricing policy has run out. The Ministry of Industry and Trade has been tasked with studying this possibility with assistance from the World Bank and the Asian Development Bank. It is to report its study results to […]
Hexagon Peak and Huawei Sign 200 MW Cooperation Agreement for Vietnam Solar Market
Singapore: Today, Huawei, a leading global ICT and network energy solutions provider and Hexagon Peak, the project development arm of Hexagon Holdings Singapore, announced the signing of a cooperation agreement for Hexagon’s pipeline of 200 MW utility scale projects in Vietnam, which estimated COD in Q1 2021. “Huawei is a company that combines all ingredients […]
Vietnam is the leading solar photovoltaic market in ASEAN
Vietnam leading ASEAN’s solar PV market. With the International Monetary Fund (IMF) expecting Vietnam’s economy to grow by 6.5 percent in 2019 and 2020, it is only natural that one of the region’s fastest growing countries is turning towards renewable energy to secure its energy needs. What is not normal, though, is the pace in […]
AES Corp to build $1.7 billion gas-fired power plant in Vietnam
The deal for building the 2.2-gigawatt Son My 2 Combined Cycle Gas Turbine Power Plant was signed in Hanoi HANOI : AES Corp. on Friday signed a memorandum of understanding with the Vietnamese government to build a $1.7-billion gas-fired power plant in Vietnam, the U.S. Embassy in Hanoi said. The deal for building the 2.2-gigawatt […]
Vietnam is leading Asian growing solar PV market
SOUTH-EAST Asia’s cumulative solar photovoltaic (PV) capacity is expected to triple within the next 5 years, with large-scale solar projects dominating installation capacity before distributed solar installations pick up as project economics start to become more attractive, an energy consultancy group said. Even though Asean is still an “emerging region” in solar PV installations, cumulative […]