Vietnam to further delay rules for multi-billion-dollar wind power – EQ Mag
HANOI : Vietnam may not have a legal framework to regulate offshore wind farms until next year, a European Union business representative said on Thursday, a delay that could stall billions of dollars of foreign investment in the sector. Vietnam has big offshore wind power potential given the strong winds and shallow waters near coastal […]
LONGi donates scholarships and computer rooms to schools in Vietnam – EQ Mag
LONGi has donated VND 50 million in scholarships and computer rooms worth over VND 200 million to three Vietnamese schools, each of which received 20 new computers. Duohu Zhao, General Manager for LONGi Vietnam, represented the company at each of the schools – Tran Nguyen Han, Nham Bien so 1 and Phuc sơn 1 – […]
G7 agrees $15.5 billion energy deal with Vietnam to cut emissions – EQ Mag
BERLIN : A group of nine rich industrialized nations approved a deal to provide Vietnam with $15.5 billion to help the Southeast Asian nation move faster from coal power to renewable energy, cutting its climate-damaging pollution. The Group of Seven major economies, along with Norway and Denmark, said in a statement that the aim is […]
G7 makes new $15 billion offer to Vietnam to cut coal use – EQ Mag
HANOI : The Group of Seven (G7) industrialised nations has made a new $15 billion offer to Vietnam to agree during a summit next week on funding to speed up its transition away from coal, three people familiar with the talks told Reuters. Vietnam, which is among the world’s top 20 coal users, was initially […]
ADB Leads $135 Million Climate Financing Package to Support Electric Mobility in Vietnam
Hanoi, Vietnam: The Asian Development Bank (ADB) mobilized a $135 million financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Viet Nam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network. The assistance will support Viet Nam’s efforts to achieve net-zero greenhouse gas emissions and expand […]
Sembcorp Receives Investment Licence to Develop VSIP Can Tho Industrial Park in Vietnam
Sembcorp Development, a wholly-owned subsidiary of Sembcorp Industries, has received the investment licence to develop a new industrial park in Vietnam’s Can Tho City. The 293.7-hectare industrial park in Can Tho will be operated by the Vietnam Singapore Industrial Park (VSIP) Group. Sembcorp is the joint master developer of the VSIP projects together with its […]
Vietnam: Norsk Solar experiences continued growth in key markets and secures 1.8 MW rooftop solar project in Vietnam – EQ Mag Pro
Norsk Solar, an independent solar power producer focused on commercial and industrial (C&I) projects in emerging markets, has entered into a long-term power purchase agreement (‘PPA’) with Lineage Logistics, one of the world’s leading and most innovative temperature-controlled industrial REIT and logistics solutions providers. The PPA is signed by Norsk Solar Vietnam, which is owned […]
Vietnam needs $8 bln-$14 bln power investment a year through 2030: minister – EQ Mag Pro
HANOI : Vietnam will need investment of between $8 billion and $14 billion a year through to 2030 to develop new power plants and expand its grid, its deputy industry minister said on Wednesday. Of the amount, 75% would be spent on new power plants, with priority given to renewable sources, and 25% on grid […]
Vietnam says AES Corp intends to develop $13 billion wind farm – EQ Mag Pro
HANOI : U.S.-based energy utility AES Corp plans to develop a major offshore wind farm in Vietnam, the Southeast Asian country said on Friday, that could potentially double the country’s wind power capacity. The wind farm, estimated to cost $13 billion and with a combined capacity of 4,000 megawatts (MW), would be built off Vietnam’s […]