Finnish firm Wartsila eyes first flexible power project in Vietnam
Finland’s Wartsila Corporation is working with its Vietnamese partner to consider implementating the first flexible power project in Vietnam, using liquefied natural gas (LNG) and then hydrogen, and supporting the integration of renewable energy into the power system, said its president and CEO Hakan Agnevall.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Chinese SOE Huadian plans $2.4 bln green hydrogen plant in central Vietnam
Huadian Group, a Chinese state-owned enterprise (SOE), plans to cooperate with Vietnamese partner Minh Quang JSC on a $2.39 billion green hydrogen plant in the central province of Quang Tri.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Korean chaebol keen on new-tech hydrogen production in Vietnam
SK Group, one of the largest chaebols in South Korea, is interested in deploying new technologies to produce hydrogen and store carbon dioxide in Vietnam.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Honeywell, local firm to cooperate in Vietnam’s first green hydrogen plant
Honeywell, a U.S. multi-sector conglomerate, will cooperate with Ho Chi Minh City-based The Green Solutions in implementing the Tra Vinh Green Hydrogen plant, the first such facility in Vietnam.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam plans 10-20 mln ton hydrogen warehousing by 2050
Vietnam plans to build hydrogen storage, distribution and usage facilities with an annual capacity of 10-20 million tons by 2050.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese firm plans $600 mln hydrogen investment in Mekong Delta
Ho Chi Minh City-based The Green Solutions is eyeing to invest $600 million in the first phase of a 500 MW green hydrogen factory in the Mekong Delta province of Bac Lieu.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Offshore wind, LNG-fired power projects unlikely to become operational before 2030: official
It is unlikely that offshore wind power and LNG-fired power projects become operational before 2030, said Hoang Tien Dung, head of the Electricity & Renewable Energy Authority.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s Lilama delivers first modules of mega green hydrogen to Saudi Arabia
Vietnamese industrial engineering company Lilama has delivered its first electrolyzer modules to the $8 billion Neom Green Hydrogen project in Saudi Arabia, currently the world’s largest such facility.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam should speed up implementation of new power plan, offshore wind projects: Equinor
Petrovietnam and Equinor, two state-owned oil-gas firms of Vietnam and Norway, have signed an agreement on clean energy, extending their cooperation to hydrogen, ammonia, carbon capture and storage. On the occasion, The Investor talks to Jacques-Etienne Michel, country managing director and country representative Equinor Vietnam, on Norway's offshore wind development experiences and the firm's plans in the Southeast Asian country.
Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7
Petrovietnam, Norway's Equinor extend cooperation to hydrogen, ammonia, carbon storage
State-owned Petrovietnam and Norway’s Equinor have signed an agreement on clean energy, extending their cooperation to hydrogen, ammonia, carbon capture and storage.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
EVN, Jera ink Vietnam-Japan cooperation in decarbonization
State utility Vietnam Electricity (EVN) and Japanese energy company Jera signed a memorandum of understanding Thursday on cooperation in strategic decarbonization.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Petrovietnam posts $1.7 bln profit in Jan-Sep, beating 2023 target
State-owned national oil and gas group Petrovietnam made a total pre-tax profit of VND42.5 trillion ($1.74 billion) on revenue of VND643.2 trillion ($26.32 billion) in the first nine months of 2023.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam plans to raise green hydrogen output
Vietnam plans to expand its annual hydrogen output produced by renewable energy to 100,000-200,000 tons in 2030 and 10-20 million tons in 2050, according to a draft strategy released by the Ministry of Industry and Trade.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam has chance to lead in hydrogen, ammonia technology application: expert
Advanced countries are devoting a lot of effort, intelligence and funds to green hydrogen/ammonia. If Vietnam catches up with the trend, the country may become one of the first to apply this technology, said Dr. Nguyen Duc Kien, former head of the Prime Minister’s economic advisory group.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Dutch climate-centric fund manager enters Vietnam hydrogen fray
Climate Fund Managers (CFM) of the Netherlands has entered into strategic cooperation with Vietnam’s The Green Solutions (TGS) to promote hydrogen industry in the country.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Belgian tech solutions provider seeks hydrogen project partner in Vietnam
John Cockerill, a Belgium-based provider of large-scale tech solutions, has asked Vietnam’s Ministry of Finance to help find partners to build a hydrogen factory in Vietnam.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hydrexia joins Vietnam’s hydrogen development as equipment supplier
Vietnamese private renewable energy developer TGS, which is building the country’s first green hydrogen factory, has signed a purchase agreement with Hydrexia Malaysia as part of their strategic partnership agreed in May.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s renewables promoting power plan in line with global greener practices: EuroCham
Vietnam’s latest power development plan facilitates a smooth transition towards equitable and sustainable energy systems, aligning with global trends towards greener practices and the need to reduce emissions, said the European Chamber of Commerce (EuroCham).
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam ranks 10th on global renewables FDI league table
Vietnam was among the top 10 countries in terms of attracting foreign investment in green power technologies in 2022, fDi Intelligence said on Tuesday.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Singapore energy firm Athein eyes $1 bln fundraising for Vietnam, 3 others
Singapore-based company Athein is making a $1 billion fundraiser in three years to finance its pipeline of solar and wind power projects in Vietnam, the Philippines, Australia, and India.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam firm breaks ground for country’s first green hydrogen plant
Clean energy company TGS started the construction of Vietnam's first green hydrogen factory on Thursday in the Mekong Delta province of Tra Vinh, with the total cost estimated at VND8 trillion ($341 million).
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s energy transition requires industry-wide collaboration: YCP Solidiance
Vietnam’s efforts to drive its renewable energy development are gaining momentum but big challenges are along the way, requiring better collaboration between key players, according to a new report by YCP Solidiance.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Swiss fund inaugurates Southeast Asia renewable energy platform
SUSI Partners, a Swiss-based infrastructure investment manager, has launched a platform to develop large-scale renewable assets in Vietnam and across Southeast Asia.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Doosan Enerbility, HDF Energy find more clean energy partners in Vietnam
South Korea’s Doosan Enerbility and France-based HDF Energy have just taken new steps in the expanding renewables market in Vietnam, which targets carbon neutrality by 2050.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Investors see renewable energy as economic driver
Renewable energy, LNG power and hydrogen are attracting new interest from foreign investors in Vietnam. The Investor talks with Tony Foster, managing partner of Freshfields Bruckhaus Deringer's Vietnam offices, about investment opportunities in these areas.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
South Korea’s SK Energy eyes hydrogen project in Can Tho
South Korea’s SK Energy Co., Ltd. plans to develop a hydrogen project in the Mekong Delta city of Can Tho, in line with Vietnam’s commitment to green growth, said Lee Dong Uk, a senior advisor at SK Energy.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hung Hai Group plans battery, hydrogen factories in Ba Ria-Vung Tau
Hung Hai Group, a major Vietnamese business involving infrastructure development and renewable energy, wants to build a battery plant and hydrogen generation factory in Chau Duc district, Ba Ria-Vung Tau province.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Equinor discusses hydrogen, offshore wind with Petrovietnam
Norway’s largest energy group Equinor is keen on cooperating with state-run Petrovietnam in developing offshore wind and clean energy projects in the renewables-thirsty country.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
S Korean energy firm promotes blue ammonia use in Vietnam
GS Energy, the energy unit of South Korean conglomerate GS Group, has offered to support Vietnam’s use of low-carbon blue ammonia instead of coal to fuel power plants.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
HDF Energy joins renewable power development in Vietnam
France-based HDF Energy has entered Vietnam’s fast expanding renewables market via a partnership with Saigon Asset Management Corp, or SAM.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Solar, wind power insufficient for Vietnam’s energy security: expert
Electricity generation from liquefied natural gas (LNG), biomass, ammonia, and hydrogen should be thoroughly considered to help Vietnam achieve its carbon neutrality goal, an American specialist said.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hydrogen fuel in Vietnam: status and opportunity
The Politburo of the Vietnamese Communist Party is a forward-looking body. Its Resolution 55 includes, as part of the country’s energy strategy, piloting electricity generation using hydrogen and encouraging the use of hydrogen consistent with global trends.
Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7
- Editor’s Picks
-
CIMB Bank Vietnam posts $3.4 mln loss in 2023
-
With multiple coal-fired power plants facing closure, Vietnam still has no transition roadmap
-
$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June
-
Berjaya Vietnam CEO and his business portfolio
-
Vietnam-China joint venture to build $800 mln automobile factory
- Most Read
Apple announces Vietnam expansion, CEO Cook in town
Industries - Update 1 day ago
Thuan An Group chairman arrested for bidding violations
Society - Update 2 day ago
- Editor’s Picks
-
CIMB Bank Vietnam posts $3.4 mln loss in 2023
-
With multiple coal-fired power plants facing closure, Vietnam still has no transition roadmap
-
$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June
-
Berjaya Vietnam CEO and his business portfolio
-
Vietnam-China joint venture to build $800 mln automobile factory