ADB backs $186 mln solar power plant in central Vietnam

By Dat Nguyen   October 10, 2020 | 08:00 am GMT+7 VNExpressADB backs $186 mln solar power plant in central VietnamAn artist’s impression of a 257MW solar power plant backed by the Asian Development Bank (ADB) in the central province of Phu Yen. Photo courtesy of the ADB.

The Asian Development Bank (ADB) is leading a group of lenders to provide $186 million for the development of a solar power plant in the central province of Phu Yen.

The financing comprises a $27.9 million loan from the ADB, a $148.8 million syndicated loan funded by commercial banks with ADB as Lender of Record, and a $9.3 million loan provided by the Leading Asia’s Private Infrastructure Fund (LEAP).

The loan will fund a 257-megawatt power plant in Phu Hoa District. The plant will be the largest single operating solar power plant in Vietnam and one of the largest in Southeast Asia, the ADB said in a statement.

It will help reduce carbon dioxide emissions every year by 123,000 tons while directly serving the electricity demand of Quang Ngai Province and Nha Trang Town in central Vietnam as well as surrounding areas.

Tiếp tục đọc “ADB backs $186 mln solar power plant in central Vietnam”

$777 mln expressway proposed from southern province to Central Highlands

By Phuoc Tuan   October 9, 2020 | 08:31 pm GMT+7 VNExpress$777 mln expressway proposed from southern province to Central HighlandsAn intersection between the Ho Chi Minh City – Long Thanh – Dau Giay Expressway with the National Highway 1A in Thong Nhat District, Dong Nai Province. Photo by VnExpress/Phuoc Tuan.

A VND18 trillion ($777 million) expressway is proposed to be built between the southern province of Dong Nai and Lam Dong in the Central Highlands.

The 67-kilometer expressway will have four lanes and allow vehicles to travel at up to 80 kilometers per hour, according to a pre-feasibility report drawn up by the Ministry of Transport’s Thang Long Project Management Unit.

Tiếp tục đọc “$777 mln expressway proposed from southern province to Central Highlands”

Vietnam to stop licensing of wind power plants

By Duc Minh   October 9, 2020 | 01:20 pm GMT+7 VNExpressVietnam to stop licensing of wind power plantsWind turbines in the central province of Ninh Thuan. Photo by VnExpress/Thuc Trinh.

The government has stopped licensing wind power plants and is drafting a new national power plan for the next decade.

The Ministry of Industry and Trade has told provinces and cities to temporarily stop accepting proposals for new plants.

Power plants with a total capacity of nearly 80 gigawatts have been licensed to be built in the next decade, including 30 GW from wind and solar power plants.

In the last two years Vietnam’s incentive feed-in tariffs have attracted a slew of investors, with the ministry receiving proposals for 50 GW of wind power alone since 2018.

, Tiếp tục đọc “Vietnam to stop licensing of wind power plants”

How China Outsmarted the Trump Administration

The Atlantic

While the U.S. is distracted, China is rewriting the rules of the global order.

Illustration similar to UN logo with globe's latitude and longitude lines as a broken net
Lan Truong

Like ​The Atlantic? Subscribe to The Atlantic Daily​, our free weekday email newsletter.

Back in may, when President Donald Trump called for America to stop funding the World Health Organization, he presented a list of the WHO’s recent failures: the organization’s initial failure to flag the spread of the novel coronavirus; its initial failure to follow up when Taiwan—a country excluded from the WHO because of Chinese objections—inquired about evidence that seemed to indicate that the virus could be transmitted from one human to another; its initial failure to press China to accept an international investigation into the source of the virus. At the beginning of the pandemic, the WHO, which operates as a specialized agency of the United Nations, seemed to be one beat behind. It also seemed overly reliant upon biased information provided by the government of China.

Tiếp tục đọc “How China Outsmarted the Trump Administration”