Ben Tre offshore wind project reaches LiDAR installation milestone Business

Ben Tre offshore wind project reaches LiDAR installation milestone

Mainstream Renewable Power, the global renewable energy company, and its local partner Advance Information Technologies Corporation (AIT) Corporation, have installed a Light Detection and Ranging (LiDAR) unit at a 500 MW offshore wind farm project in Ben Tre province, reaching a key development milestone.
Southeast Asia needs to speed up energy transition: IRENA World

Southeast Asia needs to speed up energy transition: IRENA

Southeast Asian nations need to more than double their annual investment on renewables to accelerate energy transition and to meet climate goals, according to a report released recently by the International Renewable Energy Agency (IRENA).
Singapore increases electricity imports World

Singapore increases electricity imports

Singapore is ramping up the purchase of electricity generated in Laos, the first step in the tiny country’s ambitions plan to import renewable energy that it has little space to produce at home.
Japanese firm buys 35.1% stake at Vietnam’s power company Business

Japanese firm buys 35.1% stake at Vietnam’s power company

JERA Inc., a power generation company of Japan, has signed a deal to buy a 35.1% stake at Vietnam’s Gia Lai Electricity Joint Stock Company (GEC) to tap the Southeast Asian nation's growing demand for electricity and further its own decarbonisation efforts, Nikkei Asia reported.
Malaysia to stop building coal plants from 2040 World

Malaysia to stop building coal plants from 2040

The Malaysian government will stop building coal power plants starting in 2040, and shift its focus toward clean and renewable energy, according to Minister in the Prime Minister’s department in charge of economy Mustapa Mohamed.
Renewable energy sources not fully tapped: experts Business

Renewable energy sources not fully tapped: experts

The potential of renewable energy sources, especially wind and solar power, is one of the keys to Vietnam’s energy transformation towards carbon neutrality, but barriers stemming from the unresponsive transmission network and pricing mechanism is wasting the capacity of billions of kWh of electricity, according to experts.
Measures taken to ensure power supply for economic recovery Business

Measures taken to ensure power supply for economic recovery

The Ministry of Industry and Trade (MoIT), the Vietnam Electricity (EVN), and experts shared the view that power supply will be basically guaranteed this year, but the challenge is that demand is forecast to surge amid the post-pandemic economic recovery.
NA Chairman hosts JBIC leader Politics

NA Chairman hosts JBIC leader

Chairman of the National Assembly Vuong Dinh Hue hosted a reception for the visiting Governor of Japan Bank for International Cooperation (JBIC), Maeda Tadashi, in Hanoi on July 22 during which the Vietnamese top legislator spoke highly of his guest’s recommendations for Vietnam in energy transition.