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.
The Global Wind Energy Council (GWEC) proposed that Vietnam extends its incentivized feed-in-tariff (FIT) price by six months for wind power projects after October 31.
The Ministry of Finance has recommended that registration fees for electric cars must be half that of gasoline vehicles to encourage usage.
One hundred and six wind power plants with a total capacity of 5,655 MW have registered to begin commercial operations before November 1.
Vietnam Electricity will borrow EUR74.7 million ($88.9 million) from the French Development Agency to build a hydropower plant in the Central Highlands.
For visitors to Vietnam, one of the most striking images is that of the bustling roads, with a huge number of motorbikes battling for space with cars, trucks and public transport.
Even countries with weak climate goals are getting swept up in the global clean energy transition.
Clean and reliable nuclear energy could help Vietnam meet its growing power demand over the long term and ensure its development is not derailed, experts say.
VinBus Transport Service Co., a subsidiary of Vietnam’s largest conglomerate Vingroup, launched the nation’s first smart electric bus service in Hanoi Thursday.
Vietnam is set to cut up to 1.74 billion kilowatt-hours of renewable energy in the second half this year to deal with national grid overload.
All it will take is VND1 million ($43) per person per year for Vietnam to get its entire power supply from nuclear plants.
Despite the associated environmental problems, Vietnam cannot do without coal-fired power plants for another 15 years at least, experts say.
Vietnam’s largest conglomerate Vingroup said on Friday its car unit was in early stage talks with Taiwan’s Foxconn about working together and that any partnership formed would focus on developing batteries and electric car parts.
The 35 megawatt Hau Giang Solar Power Plant began operating Friday in the eponymous province, becoming the first of its kind in the locality.
Automaker VinFast has signed a memorandum of understanding on strategic cooperation with Taiwan’s ProLogium Technology Co.. Ltd. on production of batteries for electric cars in Vietnam.
Vietnam will need $320.6 billion investment capital for the development of its power network between now and 2045, according to a draft power development plan released by the Ministry of Industry and Trade (MoIT).
As elsewhere, Vietnam’s increasing reliance on energy imports has driven its green energy push.