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Power

Ministry proposes incentives for renewable energy projects

Ministry proposes incentives for renewable energy projects

To attract investments in offshore wind power, the ministry proposed an exemption of marine area use fees during construction and a 50 per cent reduction in fees for the 12 years after operations begin.
Ninh Thuận expecting nuclear power project to be a decisive driver for the socio-economic development of the province

Ninh Thuận expecting nuclear power project to be a decisive driver for the socio-economic development of the province

After eight years, the National Assembly has approved restarting the Ninh Thuận Nuclear Power Project to ensure energy security. Vietnam News Agency reporter speaks to Trần Quốc Nam, chairman of the Ninh Thuận Provincial People''s Committee, about this issue.
Việt Nam resumes nuclear power project amid rising energy demands

Việt Nam resumes nuclear power project amid rising energy demands

Vietnamese law-markers have approved the plan to resume the nuclear power project in the south – central province of Ninh Thuận after eight years of pause in an effort to ensure energy security while meeting Net Zero goal.
Project launched to advance energy transition in Việt Nam

Project launched to advance energy transition in Việt Nam

The GE Vernova Foundation in collaboration with Asia Society for Social Improvement and Sustainable Transformation (ASSIST) and Electric Power University have announced a US$750,000 investment in the workforce supporting Việt Nam’s energy sector. 
PV Power REC, PVA Energy Solutions and 60Hertz join forces on IT-driven renewable energy solutions

PV Power REC, PVA Energy Solutions and 60Hertz join forces on IT-driven renewable energy solutions

With this memorandum of understanding, the parties pledge to combine their expertise to advance a range of renewable energy projects. 
Eaton showcases smart energy solutions at VIMF 2024

Eaton showcases smart energy solutions at VIMF 2024

Intelligent power management Eaton is introducing its innovative solutions that make businesses in various industries more efficient and greener, at the Vietnam Industrial and Manufacturing Fair (VIMF) 2024 in Bắc Ninh Province.
New solutions needed for urgent power projects

New solutions needed for urgent power projects

To meet the electricity demand with a growth rate of about ten per cent each year, the annual investment volume in power sources and grids must reach US$7.6 billion.
Nuclear power plays an important role in energy security: ministry

Nuclear power plays an important role in energy security: ministry

The development of nuclear power plays an important role in achieving energy security and arriving at net zero, but thorough study is needed to evaluate feasibility and ensure absolute safety, Deputy Minister of Industry and Trade Nguyễn Sinh Nhật Tân...
New decree caps sales of excess rooftop solar power

New decree caps sales of excess rooftop solar power

Excess rooftop solar power can be sold to the national grid at no more than 20 per cent of the installed capacity, according to a new Government decree on encouraging self-produced and self-consumed rooftop solar power issued on Tuesday.
State monopoly over investment, construction of nuclear plant projects: draft law

State monopoly over investment, construction of nuclear plant projects: draft law

Planning for nuclear power development will be synchronised with the overall electricity development plan to guarantee power supply security.
Amending the Electricity Law is expected to remove bottlenecks for gas-fired and offshore wind power

Amending the Electricity Law is expected to remove bottlenecks for gas-fired and offshore wind power

The amendments underway to the law on electricity are expected to remove the bottlenecks and a favourable environment for the development of gas-fired and offshore wind power projects, experts said at a conference on Wednesday.
PetroVietnam, EVN sign agreements to promote LNG power

PetroVietnam, EVN sign agreements to promote LNG power

Vietnam Oil and Gas Group (Petrovietnam) on Friday signed a power purchasing agreement (PPA) for Nhơn Trạch 3 and 4 power plant project and a memorandum of understanding to supply liquified natural gas (LNG) for Quảng Trạch 2 with Vietnam...
Energy company to divest hotel to meet bond repayment obligations

Energy company to divest hotel to meet bond repayment obligations

BB Sunrise Power, a subsidiary of Bitexco Group, has announced its intention to divest a hotel in Lào Cai Province in order to fulfill its bond repayment obligations.
Unprecedented opportunity for oil giants in offshore wind power

Unprecedented opportunity for oil giants in offshore wind power

According to the International Energy Agency (IEA), the oil and gas sector''s experience in executing offshore projects contributes significantly to sharing supply chains and technology. 
Financing a greener future

[Videos] Financing a greener future

Việt Nam is among the countries with great potential to invest in new renewable energy sources. Under the National Power Development Plan VIII, renewable energy will account for about two-thirds of total capacity by 2045. To achieve this goal, there...