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Renewable energy

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.
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. 
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...
​​​​​​​Forum discusses how HCM City can attract investment in renewable energy

​​​​​​​Forum discusses how HCM City can attract investment in renewable energy

A specific regulatory framework for renewable energy development is needed to encourage private capital flows into this sector in Việt Nam, including HCM City, a forum heard in HCM City on September 20.
Norwegian renewable energy solutions provider sells wind plant in Việt Nam

Norwegian renewable energy solutions provider sells wind plant in Việt Nam

Scatec ASA, Norwegian renewable energy provider, has signed an agreement to sell the 39-megawatt Đầm Nại Wind farm and the associated operating company in Việt Nam to Sustainable Asia Renewable Assets (SARA), a utility-scale renewable energy platform of the SUSI...
Việt Nam-Singapore make strides in renewable energy export project

Việt Nam-Singapore make strides in renewable energy export project

The wind and metocean measurement services and geotechnical desktop study packages aim to ensure the offshore renewable energy import-export project from Việt Nam to Singapore''s success by providing accurate and comprehensive data on the natural and technical conditions of the project area.
HSBC and Leader Energy secure funding to expand renewable energy in Việt Nam

HSBC and Leader Energy secure funding to expand renewable energy in Việt Nam

HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) and Malaysian Leader Energy Holding Berhad (Leader Energy), a wholly-owned subsidiary of HNG Capital,  have signed a VND593 billion (US$23.8 million) financing deal to support the development of Leader Energy''s solar projects in Việt...
AI propels renewable energy to new heights

AI propels renewable energy to new heights

In Việt Nam, AI is expected to be adopted across smart buildings, urban transportation and electric vehicle charging infrastructure to enhance energy security.
Ministry proposes removing FiT for more competitive renewable energy prices

Ministry proposes removing FiT for more competitive renewable energy prices

FiT was introduced to support early development of renewable energy sources by providing a guaranteed, above-market price for producers to sell energy back to the grid.
Wind power the fulcrum for renewable energy companies

Wind power the fulcrum for renewable energy companies

The share of wind power is targeted to increase significantly, from 5 per cent in 2022 to 19 per cent by 2030 and 29 per cent by 2050.
A step towards a greener future

[Videos] A step towards a greener future

As a province with great potential in energy development, Ninh Thuận is focusing on clean energy to achieve a net-zero future. The province has set its sights on becoming one of the nation''s renewable energy hubs by 2025.
Provinces must submit renewable energy projects on time

Provinces must submit renewable energy projects on time

Failure to submit, or submissions made after the deadline, will result in accountability to the Government and Prime Minister, said Minister of Industry and Trade Nguyễn Hồng Diên.
SK ecoplant, BCG Energy to develop renewable energy projects in Việt Nam

SK ecoplant, BCG Energy to develop renewable energy projects in Việt Nam

Through the deal signed in Seoul on March 22, the two companies will jointly develop the 700 MW project, which is designed to consist of 300MW of onshore wind power, 300MW of rooftop solar power, and 100MW of onshore solar...
PVN, CIP team up in renewable energy

PVN, CIP team up in renewable energy

Under the MoU, the two firms will share knowledge and information on energy transition from oil and gas to renewable energy, with specific topics such as technology, supply chain, logistics, infrastructure, and technical expertise. They will also explore opportunities for cooperation...
Renewable Energy Centre in Bà Rịa - Vũng Tàu proposed

Renewable Energy Centre in Bà Rịa - Vũng Tàu proposed

Since 2021, the PetroVietNam Technical Service Corporation has added offshore renewable energy as one of its core business lines and has so far achieved and maintained most of the necessary certifications for the oil, gas and renewable energy services industry.