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Image: Opportunities for biomass pellets in the Vietnam market

Opportunities for biomass pellets in the Vietnam market

Utilizing biomass pellets is one of the energy transition strategies toward Vietnam's goal of achieving net zero emissions by 2050.

Image: Green lending needs mechanism

Green lending needs mechanism

The greatest challenge for helping enterprises in Vietnam achieve sustainable development and the net zero target by 2050 is to adopt a suitable policy to attract more green loans Green loans trickle in In 2022, the green, social, and sustainability loan market in ASEAN declined by 32% compared to

Image: Bright outlook for energy sector

Bright outlook for energy sector

The recently approved national power development plan VIII, covering the period 2021-2030 with a vision to 2050, has brought positive news to the energy industry and caught the attention of stock investors. Promoting the use of renewable and gas-fired energy while reducing coal-fired power is a

Image: Wind farm project in HCMC proposed for inclusion in national power plan

Wind farm project in HCMC proposed for inclusion in national power plan

HCMC – The HCMC Department of Industry and Trade has thrown its support behind a proposal for including an offshore wind farm project in Can Gio District in the National Power Development Plan VIII. In a recent document sent to the HCMC People’s Committee, the Department of Industry and Trade

Image: Seven more renewable power projects connected to national grid

Seven more renewable power projects connected to national grid

HCMC – Seven more renewable energy projects with a total capacity of over 430 MW have completed procedures for commercial operation and power generation, reported the local media. According to Vietnam Electricity Group (EVN), nine renewable power transition projects have sent their documents to

Image: The Ministry of Industry and Trade approves temporary prices for 19 transitional renewable power projects

The Ministry of Industry and Trade approves temporary prices for 19 transitional renewable power projects

The Ministry of Industry and Trade has approved 19 transitional renewable power projects, with prices temporarily calculated at 50% of the ceiling in the price bracket, with a total capacity of 1,347 MW.

Image: Electricity prices approved for 15 renewable energy projects

Electricity prices approved for 15 renewable energy projects

HCMC – The Ministry of Industry and Trade has approved the provisional electricity prices for 15 wind and solar power plants after its negotiations with the Vietnam Electricity Group (EVN). Tran Viet Hoa, director of the Electricity Regulatory Authority of Vietnam, said that 37 of 85 wind and

Image: Shortage, but abundance

Shortage, but abundance

Despite looming concerns over a shortage of electricity this summer, many completed wind and solar power projects have yet to be connected to the national grid, given protracted pricing problems. Multibillion-dong investments remain on hold amid soaring electricity demand. As electricity producers

Image: National power development plan VIII approved

National power development plan VIII approved

HCMC – The prime minister issued a decision approving the national power development plan VIII yesterday, May 15, with a strong emphasis on renewable energy, according to the Ministry of Industry and Trade. The power development plan VIII for the period 2021-2030, with a vision to 2050, is set to

Image: Heavy debt eats into wind energy companies’ profits

Heavy debt eats into wind energy companies’ profits

HCMC – High financial leverage and negative cash flow are weighing on wind power firms, making their debt five- or six-fold higher than equity. Trung Nam Dak Lak 1 Wind Power JSC, which owns the largest wind power plants in the country with a designed capacity of 400 MW, incurred a loss of VND860

Image: Renewable energy projects complain about regulatory bottlenecks

Renewable energy projects complain about regulatory bottlenecks

HCMC – Renewable energy companies in the country have recently proposed the Government remove regulatory bottlenecks faced by their solar and wind power projects, reported the local media. Around 23 solar and wind power project developers – including VPL Energy Joint Stock Company, Tien Giang Wind

Image: EVN asked to buy renewable energy at 90% import price

EVN asked to buy renewable energy at 90% import price

HCMC – Investors involved in renewable energy project have proposed Vietnam Electricity Group (EVN) purchase power from eligible projects at an interim price equivalent to 90% of the electricity import price. The proposal was made at a conference held by State utility EVN in Hanoi yesterday, March