Vietnam’s strong commitments in climate change adaptation towards achieving net-zero emissions by 2050 announced at the UN Climate Change Conference (COP26) is considered a cornerstone for calculations of renewable energy investors.
Trung Nam Tra Vinh 1 Wind Power JSC, a member of Trungnam Group, has inaugurated the Dong Hai I Wind Power Plant in Dong Hai commune, Duyen Hai district, the Mekong Delta province of Tra Vinh.
Power generation output and import in 2022 is forecast to hit 275.5 billion kWh, up 7.9 percent year-on-year, Vice Director of the National Load Dispatch Centre (NLDC) Nguyen Quoc Trung reported at a conference on January 10.
The draft Power Development Planning (PDP) VIII has demonstrated the trend of developing clean and renewable energies in line with commitments to cutting carbon emissions at the 26th United Nations Climate Change Conference.
Offshore wind power is considered a promising field and able to replace renewable energy in Vietnam but the industry is rather new and it is difficult to implement offshore wind power projects, heard participants at a seminar held in Hanoi on December 16.
The Construction Joint Stock Company 47, Vu Phong Energy Group and Steag Energy Services GmbH of Germany signed in Hanoi on December 15 a memorandum of understanding (MoU) on jointly providing consultancy services for the implementation of wind power projects nationwide.
Enterprises at a seminar in Hanoi on December 14 were informed about business opportunities in Germany offered by the EU-Vietnam Free Trade Agreement (EVFTA).
Vietnam is believed to possess great potential for developing offshore wind power, but a friendlier legal framework is still needed to attract more foreign investment to this type of renewable energy, an insider has said.
The draft National Power Development Plan for the period 2021-2030 (draft PDP VIII), with a vision to 2045 will be revised to align with Vietnam's commitment to net-zero emissions by 2050 made at the 26th UN Climate Change Conference of the Parties (COP26).
Banpu Power Plc (BPP), the power generation arm of non-oil energy conglomerate Banpu Plc, has acquired Ha Tinh Solar Power JSC in a deal worth 23.9 million USD, reported the Bangkok Post on December 3.
Vietnam will increase offshore wind power capacity to 4 GW from 1 GW and onshore wind power capacity to nearly 17.34 GW from about 1.26 GW by 2030, according to the latest draft of the National Power Development Plan VIII.
Vietnam wants to capitalise on chances to foster cooperation between its localities and Belgium’s Antwerp province in potential fields such as seaports, renewable energy, climate change adaptation and education, Ambassador to Belgium Nguyen Van Thao has said.
The B&T wind power farm cluster with a capacity of 252 MW was inaugurated in Quang Ninh and Le Thuy districts, the central province of Quang Binh on November 16.
As of mid-November, the central province of Quang Tri had granted investment licences to 56 projects with total registered capital of nearly 69.6 trillion VND (3.05 billion USD), up 10-fold against the same period last year.
The increasing proportion of clean energy such as solar and wind power in recent years has helped Vietnam diversify energy sources and reduce its dependence on imported energy, thus enhancing its national energy security, said Director of the Ministry of Industry and Trade’s Department of Electricity and Renewable Energy Hoang Tien Dung.
Trungnam Group put a wind power plant with a capacity of 46.2MW into operation in Ninh Phuoc district of the central province of Ninh Thuan on November 14.
Norwegian Ambassador to Vietnam Grete Løchen and Commercial Counsellor Arne-Kjetil Lian recently have handed over the 'Vietnam Supply Chain Study Report' to Vietnamese Minister of Industry and Trade Nguyen Hong Dien.
Three wind power projects co-funded by the Japan International Cooperation Agency (JICA) have been put into commercial operation, the agency announced on November 10.
Environment
