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Rooftop solar investors unhappy as government to stop buying surplus

Rooftop solar investors unhappy as government to stop buying surplus

Solar rooftop investors fear they cannot recoup their money by selling electricity to the grid as a proposed new decree seeks to rescind this incentive.
Solar power to the rescue as Europe's energy system weathers extreme heat

Solar power to the rescue as Europe's energy system weathers extreme heat

A major increase in solar power generation in southern Europe played a leading role in averting energy shortages during the heatwaves of recent weeks when temperatures broke records and drove unprecedented demand for air conditioning.
August 7, 2023 | 01:20 am PT
Storage systems vital to renewable energy boom: expert

Storage systems vital to renewable energy boom: expert

Vietnam needs to issue policies to encourage and manage Battery Energy Storage Systems (BESS) for renewable projects to ensure a stable power supply, a foreign expert has advised.
June 29, 2023 | 06:34 pm PT
Government approves temporary buying price for renewable projects

Government approves temporary buying price for renewable projects

The Ministry of Industry and Trade has approved a temporary electricity buying price for 19 renewable energy projects at half the maximum rate.
May 25, 2023 | 01:12 am PT
Ceiling prices for solar, wind power set

Ceiling prices for solar, wind power set

The Ministry of Industry and Trade has set the ceiling price for solar power at VND1,185-1,508 (VND24,000=$1) per kWh and wind power at VND1,587-1,816 per kWh, depending on the type.
January 7, 2023 | 07:38 pm PT
Hanoi market powered by German solar project

Hanoi market powered by German solar project

German ambassador to Vietnam Guido Hildner visited Dong Xuan Market in Hanoi on Wednesday to observe its new solar power project in action.
December 22, 2022 | 06:29 am PT
Vietnam wind power prospects bring in Danish investors

Vietnam wind power prospects bring in Danish investors

More than half of the 35 Danish business executives accompanying Crown Prince Frederik during his official visit to Vietnam on November 1-2 are in the wind power industry.
October 23, 2022 | 08:02 pm PT
Electricity company Trungnam Group plans $500-mln bond issuance

Electricity company Trungnam Group plans $500-mln bond issuance

Energy developer Trungnam Group plans to issue US$500 million worth of bonds in the next three years to fund a number of projects until 2030.
September 22, 2022 | 08:35 pm PT
France's TotalEnergies to install solar panels in industrial parks

France's TotalEnergies to install solar panels in industrial parks

French company TotalEnergies is set to install 280,000 square meters of rooftop solar panels for industrial property developer KCN Vietnam.
August 9, 2022 | 10:18 pm PT
US waives tariffs on Vietnam solar panels

US waives tariffs on Vietnam solar panels

Joe Biden has waived tariffs on solar panels exported from Vietnam and three other Southeast Asian countries for two years amid rising demand for renewable energy in the U.S.
June 6, 2022 | 11:25 pm PT
Shortage looms despite large wind, solar power capacity

Shortage looms despite large wind, solar power capacity

Wind and solar power account for a third of capacity and generate 15 percent of output in Vietnam, but there is still a risk of shortages in summer.
May 19, 2022 | 09:31 pm PT
Singapore utility to invest $540 mln in Vietnam renewable energy

Singapore utility to invest $540 mln in Vietnam renewable energy

SP Group, a Singaporean state-owned electricity and gas distributor, has pledged an investment of S$750 million (US$540 million) in sustainable energy in Vietnam.
May 12, 2022 | 07:00 pm PT
Vietnam targets 75 pct energy from renewables by 2045

Vietnam targets 75 pct energy from renewables by 2045

Vietnam plans to have renewables account for 75 percent of national power production capacity and 70 percent of actual production by 2045 under its COP 26 commitments.
December 1, 2021 | 06:07 am PT
Vietnam to reduce thermal power production

Vietnam to reduce thermal power production

Vietnam targets reducing coal-fired power production by 6 percent this year to prioritize solar and wind energy even as it grapples with limited transmission capacity.
May 5, 2021 | 03:17 am PT
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