It is likely that Vietnam will have to reduce renewable energy sources in the next five years, as booming development in recent years was weighing on the power system, according to a recent report by the Institute of Energy.
Vietnam ranks third in Asia-Pacific after Australia and Japan and takes the lead among emerging markets in terms of offering good feed-in tariffs to attract investment in solar and wind power.
Investors from the UK were showing significant interest in investing in renewable energy projects in Vietnam, especially wind power, expecting the Vietnamese Government to introduce long-term support policies as well as simplification of procedures for project implementation.
Vietnam continues to be a very attractive destination for investment despite, or perhaps because of, everything that is happening in the world, experts from investment management firm VinaCapital have said.
The Vietnam Renewable Energy Week 2020 was launched in Hanoi on August 25 by the Vietnam Sustainable Energy Alliance, the Vietnam Climate Action Alliance, and the Vietnam Union of Science and Technology Associations.
To promote the development of renewable energy, there should be a prioritised policy mechanism on electricity prices and loan interest rates, according to Dr. Nguyen Manh Hien, President of the Scientific Council at the Vietnam Clean Energy Association.
A conference on green finance for renewable energy in Vietnam’s industrial sector took place in Hanoi on September 18, as part of the Vietnam Renewable Energy Week 2019.
Vietnam Renewable Energy Week 2019 was launched in Hanoi on September 17 as part of efforts to implement the Government’s policies on renewable energy development.
The first phase of a solar power plant that has the total capacity of 210 MWp was put into operation in the Mekong Delta province of An Giang on July 6.
Many solar power plants have become operational in the southern region in the first half of 2019, showing part of the solar power development wave to meet the economic growth demand in Vietnam.
Vietnam Electricity (EVN) is speeding up the completion of 61 solar power projects so that by the end of next month as many as 88 solar power plants will connect to the national grid and begin commercial operation.
French bank Société Générale has been chosen to be the financial adviser for the initial phase of the Ke Ga offshore wind power project – the world’s biggest project of its kind at present.
Vietnam is in the early stages of developing renewable energy sources and needs to introduce more incentive policies to attract more investment, experts have said.
Power Plus Vietnam Co., Ltd on September 19 started construction of Tuy Phong solar power plant, the first of its kind in the central coastal province of Binh Thuan.
A workshop on renewable energy development to meet rural electrification targets and energy access was held in Hanoi on August 21 as part of the Vietnam Renewable Energy Week 2018 underway in the country.
The Vietnam Sustainable Energy Alliance (VSEA) and the Climate Change Working Group (CCWG) kicked off the Vietnam Renewable Energy Week 2018 in Hanoi on August 21.
The Vietnam Renewable Energy Week 2018 will take place from August 21-26, aiming to seek solutions to promote the development and use of renewable energy in the country.
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