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PM calls for reducing 'high' renewable energy prices

PM calls for reducing 'high' renewable energy prices

Renewable energy investors are making "great profits" but people are paying high prices for electricity, and it is necessary to harmonize the two sides' interests, Prime Minister Pham Minh Chinh said.
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
Vietnam's hassles in developing offshore wind power industry

Vietnam's hassles in developing offshore wind power industry

Unclear regulations, low prices and an insufficient grid are hampering efforts to develop offshore wind power, experts and industry insiders have said.
June 14, 2022 | 09:04 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
$219-mln offshore wind power plant launched in Mekong Delta

$219-mln offshore wind power plant launched in Mekong Delta

Renewable energy developer Trungnam Group has launched its first offshore wind power plant at a cost of nearly VND5 trillion ($219.3 million) in the Mekong Delta.
January 17, 2022 | 07:32 pm PT
Wind power investors claim bankruptcy looms without incentive tariffs

Wind power investors claim bankruptcy looms without incentive tariffs

Wind power companies said if the government does not extend the October 31, 2021 deadline for the incentive feed-in-tariff for electricity they face the threat of bankcruptcy.
January 6, 2022 | 01:30 am PT
Ministry mulls new tariffs for wind power plants that missed incentive deadline

Ministry mulls new tariffs for wind power plants that missed incentive deadline

The Ministry of Industry and Trade is considering various price mechanisms for wind power plants that did not meet the October 31 deadline for the incentive feed-in-tariff.
December 24, 2021 | 04:57 am 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
‘Irrational’ to extend wind power price incentive deadline: minister

‘Irrational’ to extend wind power price incentive deadline: minister

Extending the incentive feed-in-tariff for wind power projects after Oct. 31 will be “irrational” and inequitable, Minister of Industry and Trade Nguyen Hong Dien has said.
November 10, 2021 | 05:45 am PT
Central province wants wind power incentives extended

Central province wants wind power incentives extended

The central province of Ninh Thuan wants the deadline for incentive feed-in tariffs for wind power to be extended by five months to enable the completion of more plants.
November 7, 2021 | 11:29 pm PT
28 wind farms qualify for early incentive price

28 wind farms qualify for early incentive price

Twenty-eight wind power plants have qualified for the incentive feed-in tariff for early operation which the government offered to stimulate investment in renewable energy.
October 23, 2021 | 04:43 pm PT
Wind power developers race to complete projects for incentive price

Wind power developers race to complete projects for incentive price

Investors in wind power projects are racing to complete construction this month to enjoy an incentive feed-in tariff, but face procedural hurdles and those caused by Covid-19.
October 14, 2021 | 02:45 am PT
Vietnam to spend $10-11.5 bln a year on power sector

Vietnam to spend $10-11.5 bln a year on power sector

Vietnam looks to spend $10-11.5 billion a year between 2021 and 2030 on electricity generation and transmission, according to the latest draft Power Development Master Plan VIII.
October 13, 2021 | 05:15 pm PT
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