CS Wind’s Vietnam unit to deliver wind turbines to South Korea project
CS Wind Vietnam, a unit of South Korea’s CS Wind Corporation, has held a ceremony for delivery of first wind turbines from its factory in Vietnam’s southern province of Ba Ria-Vung Tau to South Korea’s southwestern province of Jeonnam.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Russia's Zarubezhneft eyes Vietnam offshore wind power projects
Russian oil-gas giant Zarubezhneft is looking to expand its operations in Vietnam to offshore wind power projects, general director Sergey Ivanovich Kudryashov told Prime Minister Pham Minh Chinh Monday.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Danish energy fund CIP’s $10.5 bln wind power project to create 45,000 jobs in Vietnam
Denmark’s Copenhagen Infrastructure Partners (CIP) plans to invest $10.5 billion in a 3.5 GW offshore wind power project in Vietnam’s central province of Binh Thuan, creating 45,000 full-time equivalent jobs.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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, Dec 22, 2021 | 11:30 am GMT+7
SK Ecoplant, BCG Energy to jointly develop 700 MW of renewable energy in Vietnam
SK ecoplant, part of South Korean chaebol SK Group, and BCG Energy, under Vietnamese conglomerate Bamboo Capital Group, will cooperate to produce 700 MW of renewable energy in Vietnam.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thailand’s Super Energy sees 2023 Vietnam revenue flat at $102 mln
Thailand’s Super Energy Corporation recorded 2023 revenues of THB3,655.6 million ($102.1 million) in Vietnam, down 0.07% year-on-year, according to the firm’s financial statement.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Korea’s CS Wind launches $80 mln wind tower plant in Vietnam
CS Wind Vietnam, a unit of South Korea’s CS Wind Corporation, on Wednesday inaugurated an $80 million offshore wind tower factory in Vietnam’s southern coastal province of Ba Ria-Vung Tau.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Denmark’s Vestas, Vietnam’s IPICO to cooperate in wind power development
Denmark’s leading wind power business Vestas and Vietnam’s top industrial park developer Son My Industrial Park Investment Construction and Trading Infrastructure JSC (IPICO) have announced plans to cooperate in wind power development.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Australia’s Corio Generation plans offshore wind energy projects in Vietnam
Corio Generation, an offshore wind energy branch of Australia’s Macquarie's Green Investment Group, plans to make infrastructure investments in Vietnam, said its Asia-Pacific (APAC) head Yi-Hua Lu.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Danish energy fund CIP, Petrovietnam to cooperate in offshore wind power
Denmark’s Copenhagen Infrastructure Partners (CIP), via its Growth Market Funds, and state-owned Petrovietnam have signed a memorandum of understanding on renewable energy and offshore wind power.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
Singaporean government to help Petrovietnam unit’s 1.2 GW electricity export project
The Singaporean government will continue backing PTSC, the technical arm of state-owned Petrovietnam, to deploy a project to export 1.2 GW of offshore wind power from Vietnam to Singapore.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Chinese firm to provide turbines for central Vietnam wind power plant
Electric Wind Power, a Shanghai Electric subsidiary, has signed a deal to provide wind turbines to the VND1.5 trillion ($60.9 million) Hai Anh Wind Farm project in Quang Tri province.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Norway willing to help Vietnam with energy transition: ambassador
Norway is willing to help state-owned Petrovietnam with energy transition and offshore wind power, said Norwegian Ambassador to Vietnam Hilde Solbakken.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Petrovietnam, PTSC must establish renewable energy hub in southern Vietnam: Deputy PM
State-owned Petrovietnam and its technical arm PTSC should cooperate with localities to establish a renewable energy hub in the southern region, said Deputy Prime Minister Tran Hong Ha.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Clean energy developer Nexif Ratch okayed to survey wind in Binh Dinh province
Vietnam’s central province of Binh Dinh has given Nexif Ratch Energy, a Singapore-based clean energy developer, in-principle approval to conduct wind survey activities onshore.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
$254 mln wind power project generates annual ‘positive impacts’ worth $14 mln: ADB
The 144-megawatt, $254.2 million Lotus Wind Power project has contributed $89.6 million to Vietnam’s GDP during construction and generated benefits of $13.9 million annually since it became operational.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Siemens Energy proposes EVN cooperation for offshore wind power transmission
Siemens Energy Vietnam has proposed cooperation with state utility Vietnam Electricity (EVN) in the transmission of offshore wind power projects’ output using high voltage direct current (HVDC) technology.
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
Singapore, China firms seek stakes in central Vietnam solar, wind power projects
Quang Tri is collecting feedback on proposals by several firms from Singapore, Taiwan and mainland China for buying solar and wind power projects in the central province.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan’s Marubeni eyes offshore wind power in northern Vietnam
Japanese conglomerate Marubeni plans to make offshore wind power investments in Vietnam’s northern province of Thai Binh, the firm made the suggestion at a recent meeting with provincial authorities.
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
Agribank auctions Vietnam’s first wind power project, bids starting at $49.6 mln
State-owned Agribank is auctioning the Phong Dien 1 wind power plant, Vietnam’s first such facility, with bids starting at VND1,205 billion ($49.6 million).
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Copenhagen Infrastructure Partners launches $3 bln fund, Vietnam in focus
Denmark’s Copenhagen Infrastructure Partners (CIP) has launched the Growth Markets Fund II (GMF II) with a target fund size of $3 billion that will focus on 15 countries including Vietnam.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam urged to prioritize building clear frameworks for offshore wind power
To encourage investments in green transition, the Vietnamese government should build a clear framework for offshore wind energy, an unnamed energy firm said at the Vietnam Business Forum on the sidelines of the COP28 in Dubai, the UAE.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan financial group MUFG to help VietinBank arrange $1 bln for sustainability initiatives
Mitsubishi UFJ Financial Group (MUFG), among the biggest banking institutions in Japan, will help state-run VietinBank arrange $1 billion in capital for sustainable growth and environmental, social, and corporate governance (ESG) initiatives in Vietnam.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Thailand’s Super Energy posts Jan-Sep profit of $41 mln from Vietnam power business
Thailand’s Super Energy Corporation recorded a gross profit of THB1.44 billion ($41 million) from its power business in Vietnam in the first nine months of this year, according to the firm’s financial statement.
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
Denmark’s CIP eyes large offshore wind power projects in Vietnam
Denmark’s Copenhagen Infrastructure Partners (CIP), a leading global offshore wind farm developer, is looking to cooperate with Vietnamese partners on large-scale (of 500 MW or more) offshore wind power projects.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam military shipbuilder Ba Son, Korea SK ink offshore wind power deal
Ba Son & SREC - a joint venture between the Vietnamese defense ministry’s shipbuilder Ba Son and local builder SRE Construction JSC - and SK Oceanplant, under South Korea’s chaebol SK Group, have signed an offshore wind power deal.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Construction giant Deo Ca partners with Denmark firm to build first wind tunnel lab in Vietnam
Vietnam’s construction giant Deo Ca Group said Tuesday that it was teaming up with Denmark’s SOH Wind Engineering to build the nation’s first wind tunnel lab.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Singapore’s Sembcorp to import 1.2 GW of renewable energy from Vietnam
Sembcorp, an energy and urban development giant, has received conditional approval from Singaporean authorities to import 1.2 gigawatts of renewable electricity from Vietnam to the island nation.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
State utility EVN cannot implement offshore wind power projects: ministry
Vietnam’s current legal framework does not allow state utility Vietnam Electricity (EVN) and other domestic companies to implement offshore wind power projects, according to the Ministry of Industry and Trade.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Mekong Delta province Tra Vinh eyes 14,452 MW in wind power by 2030
Vietnam’s Mekong Delta province of Tra Vinh will prioritize the development of renewable energy, particularly 14,452 MW from wind power, according to its newly-announced plan for 2021-2030, with a vision to 2050.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hau Giang province looks to add $142 mln wind farm to national plan
Vietnam’s Hau Giang province is seeking to add the VND3.46 trillion ($141.7 million) Long My 2 wind power plant project to the national power development plan (PDP VIII).
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
- Editor’s Picks
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CIMB Bank Vietnam posts $3.4 mln loss in 2023
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With multiple coal-fired power plants facing closure, Vietnam still has no transition roadmap
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$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June
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Berjaya Vietnam CEO and his business portfolio
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Vietnam-China joint venture to build $800 mln automobile factory
- 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
