Investors flock to central Vietnam for renewable energy projects

Investors flock to central Vietnam for renewable energy projects

Vietnam's central region is drawing attention from investors who want to pour money into large renewable energy projects.

Energy - Sun, May 12, 2024 | 8:13 am

Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule

Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule

Only firms consuming at least 500,000 kWh per month will qualify as buyers under the latest draft decree on direct power purchase agreements (DPPAs).

Energy - Fri, May 10, 2024 | 10:30 pm

Trungnam Group eyes green energy development in Ninh Thuan province

Trungnam Group eyes green energy development in Ninh Thuan province

Private Vietnamese conglomerate Trungnam Group plans to develop a green energy complex with an expected green hydrogen capacity of 824,400 tons per year in the south-central province of Ninh Thuan.

Energy - Wed, May 1, 2024 | 11:37 am

Vietnam-based Boviet Solar to invest $294 mln in photovoltaics plant in US

Vietnam-based Boviet Solar to invest $294 mln in photovoltaics plant in US

Vietnam-based Boviet Solar Technology Co. Ltd. (Boviet Solar) will invest $294 million in a photovoltaics (PV) factory in Pitt County, North Carolina, the United States.

Energy - Sat, April 27, 2024 | 12:28 pm

Japan's Vsun Solar begins commercial operations of 4GW silicon wafer plant in Vietnam

Japan's Vsun Solar begins commercial operations of 4GW silicon wafer plant in Vietnam

Tokyo-headquartered Vsun Solar has commenced commercial production at its 4-gigawatt silicon wafer plant in Vietnam.

Industries - Wed, April 24, 2024 | 3:39 pm

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

US First Solar seeks approval to expand capacity of Vietnam plant

US First Solar seeks approval to expand capacity of Vietnam plant

First Solar, an American manufacturer of solar panels, is seeking Vietnamese authorities' nod to enlarge the capacity of its VND23.9 trillion ($942.5 million) factory in Ho Chi Minh City.

Energy - Tue, April 16, 2024 | 10:46 am

Rooftop solar power in Vietnam: great potential but no specific policies

Rooftop solar power in Vietnam: great potential but no specific policies

Vietnam has not issued any specific policies for rooftop solar power development in the past three years despite its great potential, thereby hindering businesses, heard a forum in Hanoi on Thursday.

Energy - Fri, April 12, 2024 | 12:56 pm

Vietnam gov’t irons out incentives for rooftop solar development

Vietnam gov’t irons out incentives for rooftop solar development

The Vietnamese government is drafting a decree to stimulate the development of rooftop solar power as the country struggles to fully tap its energy potential.

Energy - Thu, April 11, 2024 | 11:11 am

China to boost solar power investment in Vietnam: Commerce Minister

China to boost solar power investment in Vietnam: Commerce Minister

Chinese businesses are striving to make more investments in Vietnam’s solar power sector, Chinese Minister of Commerce Wang Wentao told Vietnamese Minister of Planning and Investment Nguyen Chi Dung.

Infrastructure - Mon, April 1, 2024 | 9:59 pm

China’s Hainan Drinda to invest $450 mln in solar cell manufacturing in central Vietnam

China’s Hainan Drinda to invest $450 mln in solar cell manufacturing in central Vietnam

Hainan Drinda New Energy Technology, a Chinese photovoltaic (PV) developer and manufacturer, will invest $450 million in solar cell base production in Vietnam’s central province of Nghe An.

Energy - Wed, March 27, 2024 | 11:46 am

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

Chinese photovoltaics firm Trina Solar signs $700 mln material supply deal for Vietnam factory

Chinese photovoltaics firm Trina Solar signs $700 mln material supply deal for Vietnam factory

OCI Holdings, a South Korean chemical company, has signed a long-term supply contract worth KRW930 billion ($693.9 million) with China-based photovoltaics (PV) company Trina Solar for the latter’s factory in Vietnam.

Energy - Tue, March 26, 2024 | 3:28 pm

Thai energy giant Banpu records 2023 revenue of $13 mln in Vietnam

Thai energy giant Banpu records 2023 revenue of $13 mln in Vietnam

Banpu Public Company Limited, a Thai energy giant, recorded a total revenue of THB462 million ($12.7 million) from renewable energy in Vietnam in 2023, according to the firm’s financial statement.

Companies - Mon, March 25, 2024 | 11:52 am