Japanese and European corporations are making major moves into the offshore wind power in Vietnam, taking advantage of the developing country’s renewable power push.
Electricity supply, made up of both domestic production and imports, is set to increase by 5.96% from last year to 284.5 billion kilowatt-hours in 2023.
VinFast’s lackluster performance discourages foreign rivals from entering market
La Banque asiatique de développement (BAD) a mis en place un montage financier pour lutter contre le changement climatique d’une valeur de 135 millions de dollars à la SARL de commerce et de services VinFast, afin de la soutenir dans le…
Vietnam has cut the utilization rate of power produced at its largest solar farm by 40% due to the lack of a pricing mechanism in place, authorities said on Tuesday, in a move that could be a blow to the…
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.
Deal to generate 51 GWh of electricity a year as companies seek alternative energy
The Ministry of Industry and Trade has proposed that an additional 2,428 megawatts of solar power capacity be added to the national power plan to avoid legal issues with investors.
The proposed facility would be one of the country’s first large-scale offshore wind projects.
Solar and wind farms forced to limit operations due to infrastructure limitations following the renewables boom.
Dat Bike is on a journey to reduce the amount of gasoline used in Vietnam. The startup makes electric motorbikes with key components that it designs and produces domestically to reduce costs and improve performance.
Vietnam wants to nearly double its total installed power generation capacity to 146,000 megawatts by 2030, and prioritise the development of renewable sources and reducing its coal dependency, its government said on Tuesday (Apr 26).
The latest draft of the National Power Development Plan for the 2021-2030 period, with a vision to 2045 (PDP VIII), has made drastic reductions of CO2 emissions with no new coal-fired power plants to be built in the planning period,…
VinFast, the Vietnamese automaker under Vingroup, said Tuesday it will build its first U.S. factory in North Carolina, part of the company’s previously stated plans to invest and expand in the country.
Vietnam’s Tesla (TSLA.O) wannabe is speeding up. Carmaker Vinfast will stop making internal combustion engine models by the end of 2022 and aims to sell overseas as it goes all-electric.
Ho Chi Minh City has been chosen as the first locality to carry out studies on the e-transportation development plan, given its huge potential. The Department of Transport made announced this at a recent meeting, with consulting units, which studied…
Renewable energy developer Trungnam Group has launched its first offshore wind power plant at a cost of nearly VND5 trillion ($219.3 million) in the Mekong Delta.
The competition to become the main player in the production of EVs in Southeast Asia is starting to heat up.
Vietnam says it will proceed with a project to build a 10-megawatt nuclear research reactor with Russian help, a move seen as a new step toward reviving plans to build nuclear power plants a decade after the Fukushima disaster.
Vietnam is leading the pack in Southeast Asia for wind power installations with 3.98GW installed as of October, up from 103MW in 2020. The country now ranks among the global top ten markets for installed wind power capacity, even though…
The Scottish government is committed to expanding the Scotland-Vietnam relationship as the power-hungry Southeast Asian nation hopes to expand its nascent offshore wind sector.
The central province of Ninh Thuan wants the deadline for incentive feed-in tariffs for wind power to be extended by five months to enable the completion of more plants.
The U.S. Consulate General in HCMC has granted $2.96 million to a local firm for implementing a battery energy storage pilot project in central Vietnam.
Vietnam looks to spend $10-11.5 billion a year between 2021 and 2030 on electricity generation and transmission, according to the latest draft Power Development Master Plan VIII.
Vietnam may double the amount of coal-fired electric generation it installs by 2030 under a draft power development plan submitted to the prime minister for approval this week.
French company EDF Renewables has made an undisclosed investment into a rooftop solar power developer subsidiary of VinaCapital, seeking to profit from the booming industry in Vietnam.