Six miles and beyond: Vietnam draft law sets offshore boundary

Six miles and beyond: Vietnam draft law sets offshore boundary

Wind power plants with all turbines located six nautical miles beyond the nation’s sea area will be deemed offshore, per draft amendments to the Law on Electricity.

Energy - Sat, May 4, 2024 | 3:35 pm

Marubeni seeks cooperation in sustainable aviation fuel, offshore wind power in Vietnam

Marubeni seeks cooperation in sustainable aviation fuel, offshore wind power in Vietnam

Marubeni Asian Power Singapore Pte Ltd., a wholly-owned subsidiary of Japanese multi-sector giant Marubeni, is seeking to cooperate with Vietnamese businesses in sustainable aviation fuel and renewable energy, particular offshore wind power.

Energy - Thu, April 25, 2024 | 8:53 pm

Vietnam considers direct power purchase agreements with no restrictions on capacity, usage

Vietnam considers direct power purchase agreements with no restrictions on capacity, usage

A draft decree on direct power purchase agreements (DPPAs) between producers and large consumers via their own power lines has no caps on capacity, connection voltage level and intended usage.

Energy - Thu, April 25, 2024 | 5:07 pm

Korea’s Doosan interested in EVN’s Quang Trach 2 power project

Korea’s Doosan interested in EVN’s Quang Trach 2 power project

Doosan, a South Korean heavy industry conglomerate, is looking to work with state utility Vietnam Electricity (EVN) on the latter’s Quang Trach 2 power plant in Quang Binh province, among other renewable energy projects.

Energy - Thu, April 18, 2024 | 10:41 am

Renewable power could be purchased directly, not via EVN: draft decree

Renewable power could be purchased directly, not via EVN: draft decree

Manufacturing enterprises should be able to buy electricity directly from renewable energy plants with or without going through state utility Vietnam Electricity (EVN), proposed the Ministry of Industry and Trade in a draft decree regarding the direct power purchase agreement (DPPA).

Energy - Wed, April 17, 2024 | 10:15 am

Vietnam ministry retains no-payment plan for excess rooftop solar power

Vietnam ministry retains no-payment plan for excess rooftop solar power

The Ministry of Industry and Trade has retained last year’s proposal that excess power from rooftop solar systems in residences and offices be connected to the national grid without payment.

Energy - Tue, April 16, 2024 | 5:27 pm

Vietnam PM requests stable power supply during peak period

Vietnam PM requests stable power supply during peak period

Vietnamese Prime Minister Pham Minh Chinh on Monday ordered drastic, synchronous and effective measures to ensure stable power supply during the peak period this year and beyond.

Economy - Tue, April 16, 2024 | 1:12 pm

PV Gas receives second LNG delivery for power generation

PV Gas receives second LNG delivery for power generation

PV Gas, a subsidiary of state-owned Petrovietnam, received its second load of 70,000 tons of liquefied natural gas (LNG) at its port in Vietnam’s southern province of Ba Ria-Vung Tau on Thursday.

Energy - Fri, April 12, 2024 | 4:03 pm

PV Gas to supply LNG for power production

PV Gas to supply LNG for power production

PV Gas, a subsidiary of state-owned Petrovietnam, is set to supply 70,000 tons of LNG to state utility Vietnam Electricity (EVN) for power production, starting mid-April, PV Gas said Tuesday.

Energy - Thu, April 11, 2024 | 3:43 pm

LS Eco Energy to help Vietnam commercialize superconducting cable

LS Eco Energy to help Vietnam commercialize superconducting cable

LS Eco Energy, a subsidiary of South Korean chaebol LS Group, will cooperate with Vietnam on commercializing superconducting cables that can be connected to the national power grid.

Energy - Thu, April 4, 2024 | 4:51 pm

State utility EVN suffers huge losses from renewable energy licensing violations

State utility EVN suffers huge losses from renewable energy licensing violations

Violations in granting electricity operation licenses and accepting commercial operation dates for a number of solar power projects have caused damage worth hundreds of billions of VND (VND100 billion = $4.04 million) to state utility Vietnam Electricity (EVN).

Economy - Wed, March 27, 2024 | 11:32 am

Sembcorp commemorates its transfer of power plant to Vietnam utility EVN

Sembcorp commemorates its transfer of power plant to Vietnam utility EVN

Sembcorp Industries (Sembcorp), through its 67%-owned joint venture Phu My 3 BOT Power Company Ltd, on Friday commemorated the transfer of Phu My 3 Power Plant to Vietnam Electricity (EVN) after 20 years of successful commercial operations.

Companies - Sat, March 9, 2024 | 11:15 pm

EVN subsidiary, Australian firm to cooperate in offshore wind power development

EVN subsidiary, Australian firm to cooperate in offshore wind power development

EVNGENCO 3, a subsidiary of state utility Vietnam Electricity (EVN), and Australian offshore wind developer Corio Generation on Tuesday signed a memorandum of understanding on offshore wind power development in Vietnam.

Energy - Wed, March 6, 2024 | 4:23 pm

No power shortage under ‘any circumstances,’ pledges state utility EVN

No power shortage under ‘any circumstances,’ pledges state utility EVN

Vietnam Electricity (EVN), which holds a power distribution monopoly, is committed to not letting power shortages happen under “any circumstances” in order to accommodate economic growth of 6-6.5% this year.

Energy - Mon, March 4, 2024 | 4:49 pm