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Renewable energy developers want temporary buying price of 6 cents per kWh

Renewable energy developers want temporary buying price of 6 cents per kWh

Solar and wind energy developers who have been late for an incentive rate want a temporary feed-in tariff of 6.2 cents per kilowatt hour while waiting for the authorities to finalize a higher tariff.
Clean energy firms fear bankruptcy amid low prices

Clean energy firms fear bankruptcy amid low prices

Wind and solar energy developers are concerned they may go bankrupt as the government’s new feed-in tariffs are too low for them to make profits.
March 16, 2023 | 12:00 am PT
Japan's JERA to buy 35% stake in Vietnam renewable energy company

Japan's JERA to buy 35% stake in Vietnam renewable energy company

Japan's largest power company JERA is set to buy a 35.1% stake in Gia Lai Electricity as it eyes Vietnam’s great renewable energy potential and growing electricity demand.
August 16, 2022 | 07:14 pm PT
US to consider tariffs on solar panels made in Southeast Asia

US to consider tariffs on solar panels made in Southeast Asia

U.S. trade officials on Monday said they will launch an investigation that could result in tariffs on solar panels imported from four Southeast Asian nations, a blow to clean energy project developers that rely on cheap imports to keep costs down.
March 28, 2022 | 07:06 pm PT
French energy company invests in Vietnam rooftop solar developer

French energy company invests in Vietnam rooftop solar developer

French company EDF Renewables has made an undisclosed investment into a rooftop solar power developer subsidiary of VinaCapital, seeking to profit from the booming industry in Vietnam.
October 14, 2021 | 01:15 am PT
Government mulls cutting rooftop solar prices to ease grid overload

Government mulls cutting rooftop solar prices to ease grid overload

The Ministry of Industry and Trade is considering cutting the prices paid for rooftop solar by 30 percent to slow down its development amid concerns of grid overload.
March 12, 2021 | 12:00 am PT
Better infrastructure is way to absorb surge in renewable energy production: experts

Better infrastructure is way to absorb surge in renewable energy production: experts

Storing renewable energy in batteries and pumped storage of water to generate power, and improving transmission capacity are keys for Vietnam to foster renewable energy, according to experts.
January 23, 2021 | 04:56 pm PT
Thai company buys Vietnam solar farm

Thai company buys Vietnam solar farm

Thai energy firm Gunkul Engineering Plc has acquired the 50-megawatt Phong Dien II solar power plant in the central Thua Thien Hue Province for $39.9 million.
December 1, 2020 | 08:08 pm PT
HCMC public offices to install solar panels

HCMC public offices to install solar panels

Administrative headquarters and public non-business units in HCMC would have solar panels installed on their roofs from next year, the municipal People's Committee said.
November 7, 2020 | 05:30 pm PT
Drought, scorching summer demand turn the heat on power industry

Drought, scorching summer demand turn the heat on power industry

Prolonged drought and increased summer demand are exerting great pressure on the electricity industry as water levels in several major dams drop significantly.
May 31, 2020 | 05:46 pm PT
Renewable energy sector sees increasing interest from foreign investors

Renewable energy sector sees increasing interest from foreign investors

Vietnam’s rising demand for power and easier investment conditions are drawing more foreign investors into the green energy sector. 
August 28, 2019 | 12:09 am PT
New solar plants overload Vietnam national grid

New solar plants overload Vietnam national grid

A spate of solar plants seeking to benefit from the government's pricing incentive of 9.35 cents per kWh are overloading the national grid.
July 9, 2019 | 05:17 pm PT
Vietnam poised for renewable energy boom

Vietnam poised for renewable energy boom

Vietnam added to its national electricity plan 121 solar power projects with a capacity of 8,100 MW at the end of last year. 
March 14, 2019 | 02:45 am PT
Vietnam has huge biomass potential, but policy tweak needed

Vietnam has huge biomass potential, but policy tweak needed

Vietnam has the potential to add hundreds of megawatts of power from biomass if it makes changes to its energy policies.
December 16, 2018 | 05:15 pm PT
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