Oslo : Scatec, a leading renewable energy solutions provider, has refinanced the USD 37 million of non-recourse project debt for the 39 MW wind power plant Dam Nai in Vietnam. With this refinancing, Scatec has achieved improved project return through a reduced interest margin and a covenant relief which allows for an immediate cash distribution […]
Solis Receives Top-notch Award For Second Consecutive Year – EQ Mag Pro
Hanoi, Vietnam : Solis awarded Top10 Wind & Solar Energy’s Enterprises With The Technology, Equipment & Service in Vietnam 2021 at Vietnam Clean Energy Forum. Held by the Scientific Council of Vietnam Energy Magazine, the award is presented with the theme: ‘Towards carbon neutrality – Mechanisms, policies, technology, and finance for wind, solar, and gas […]
KSTAR subsidiary in Vietnam will be completed – EQ Mag Pro
KSTAR has announced the establishment of a wholly-owned Vietnamese subsidiary in the country’s Haiphong City. The first phase of KSTAR industrial park will be completed in 2022. The company will cover 47,715 square meters with a total investment of USD 22 million. The second phase will start in 2024. First phase production capacity will be […]
KSTAR‘s Vietnam Production Base Project (Phase I) Officially Top Off – EQ Mag Pro
On March 1st, with the last bucket of concrete poured, the main building of the KSTAR‘s Vietnam Production Base Project (Phase I) was successfully topped off. The production plant will have a capacity of producing 14,000 UPS, solar inverters and other devices annually and create 200 jobs after completion, said the company. Occupying an area […]
Black & Veatch, The Green Solutions Sign MoU to Advance Green Energy Production in Vietnam – EQ Mag Pro
The Green Solutions appoints Black & Veatch to study the generation and storage of green hydrogen and green ammonia in Vietnam Black & Veatch and The Green Solutions (TGS) have signed a Memorandum of Understanding (MoU) to advance the production and supply of green hydrogen and green ammonia in Vietnam. Specializing in renewable energy project […]
Waves Group Completes MWS Contract For Hiep Thanh Nearshore Wind Farm Project in Vietnam – EQ Mag Pro
Waves Group are pleased to have provided Marine Warranty Surveyor (MWS) services for the construction of the Hiep Thanh nearshore wind farm project – our third offshore wind contract win in Vietnam. The project nearshore construction is now complete and will be commissioned in the first quarter of the year. Our scope of work included […]
Vietnam Will Cut Excess PV Generation While Raising Share of Offshore Wind in Its Energy Mix – EQ Mag Pro
Vietnamese and Southeast Asian news outlets have reported that on February 26, the Government Office of Vietnam issued a communiqué from Deputy Prime Minister Le Van Thanh stating that the country’s Eighth Power Plan (a.k.a. Power Development Master Plan VIII for 2021-2030) will undergo further adjustments. Specifically, the government now wants to reduce excess PV […]
SK Ecoplant & Nami Solar To Invest $200 Million For Industrial Rooftop Solar In Vietnam – EQ Mag Pro
SK Ecoplant and Nami Solar have joined hands to develop 250 MW rooftop solar capacity in Vietnam They plan to invest $200 million over the next 4 years, targeting industrial segment To start with, 65 MW is planned to be developed for Sonadezi Industrial Complex in Dong Nai province Vietnamese renewable energy company SK Ecoplant […]
No Solar & Wind Energy For Vietnam In 2022 Due To Grid Constraints: Media – EQ Mag Pro
Vietnam’s NLDC has decided against approving any solar or wind energy facilities in 2022 Grid constraint is cited as the reason for this as the country struggles to accommodate the existing high amount of renewables added in recent years Stabilizing the power system in real time with renewables is turning out to be a challenge […]
Vietnam firm launches $220 mln offshore wind farm amid renewables drive – EQ Mag Pro
Vietnam’s leading renewables firm Trung Nam Group has launched its first offshore wind farm amid the Southeast Asian country’s drive for clean energy, the company said on Monday. The 5 trillion dong ($220.17 million) farm in the southern province of Tra Vinh has 25 turbines with installed capacity of 100 megawatts, the company said in […]