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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.
$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
No incentive price extension for wind power plants: ministry

No incentive price extension for wind power plants: ministry

The Ministry of Industry and Trade said Friday it would not consider extending the feed-in-tariff incentive price for wind power projects after Oct. 31.
September 30, 2021 | 07:20 pm PT
Global agency proposes incentive extension for Vietnam wind power projects

Global agency proposes incentive extension for Vietnam wind power projects

The Global Wind Energy Council (GWEC) proposed that Vietnam extends its incentivized feed-in-tariff (FIT) price by six months for wind power projects after October 31.
September 9, 2021 | 08:43 pm PT
Wind power developers in central province rush construction to get incentive tariff

Wind power developers in central province rush construction to get incentive tariff

Wind power farms in the central province of Quang Tri are scrambling to complete construction to benefit from the 20-year incentive feed-in tariff available until October 31.
August 18, 2021 | 10:39 pm PT
Over 5,600 MW of wind power to join national grid this year

Over 5,600 MW of wind power to join national grid this year

One hundred and six wind power plants with a total capacity of 5,655 MW have registered to begin commercial operations before November 1.
August 6, 2021 | 08:18 pm PT
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