VietNamNet Bridge – The investment rate in solar power systems is now just equal to 20-30 percent of the rate of 10 years ago.
Mr Le Chi Hiep from the HCMC National University
According to the Electricity of Vietnam (EVN), Vietnam has about 30 solar power projects, a figure which, according to Le Chi Hiep, chair of the Institute of Sustainable Energy Research, an arm of the HCMC National University, is modest compared with Vietnam’s great potential in solar energy. Continue reading “Solar energy industry poised to take off”→
It began on the international stage at Davos, when the Chinese leader, in sober suit and tie, assured his nervous audience that China was a steady ally that stood by its treaty commitments, including the Paris Agreement, and was firm in its commitment to globalisation.
The contrast with the US president was too obvious to need stating.
As the year draws to a close, Xi, in his domestic capacity as chairman of everything, appears to have consolidated his leadership of party, army and state into an unassailable, long-term dominance.
Leaders of Bạc Liêu Province and SY Group sign MoU to build a solar power project in the province. — Photo moitruong.net.vn
Viet Nam News BẠC LIÊU — The Department of Planning and Investment of the Mekong Delta province of Bạc Liêu signed a Memorandum of Understanding with the South Korea-based SY Group to build a solar power project in Đông Hải District.
Under the MoU, the SY Group will construct a 400ha solar power plant in Long Điền Đông Commune, Đông Hải District, by June 2019 with a total investment of more than VNĐ10.24 trillion, or over US$450.5 million.
Today Mr. Thomas Egebo, Permanent Secretary of State, Danish Ministry of Energy, Utilities and Climate and Mr. Hoang Quoc Vuong, Vice Minister of the Ministry of Industry and Trade (MOIT) in Vietnam signed the Programme Document of the Energy Partnership Programme between Viet Nam and Denmark. The signing marks the beginning of another three years of close cooperation between the Danish Energy Agency and Ministry of Industry and Trade with a total budget of 21.6m DKK. Continue reading “DEA and MOIT jointly launch Vietnam Energy Outlook Report 2017”→
Vietnam has tremendous potential solar energy resources estimated at more than 20,000 megawatts. In April, Vietnam’s Prime Minister issued Decision 11 that supports solar power development and provides a feed-in-tariff of 9.35 cents per kilowatt hour. This new mechanism is attracting a lot of interest from the solar power investment community. On Aug 29-30, USAID Vietnam Low Emission Energy Program together with the USAID Clean Power Asia organized the workshop “Developing, Financing, and Investing in Solar PV Projects in Lower Mekong Countries” in Ho Chi Minh City. More than 160 participants, including developers, investors, policy makers, and financial institutions gathered to share experiences and challenges to developing bankable solar power projects. The workshop highlighted two case studies of successful projects deployed in the Kingdom of Thailand. So What? While Vietnam’s demand for energy is growing by 10 to 12 percent annually, there is a tremendous opportunity for solar energy to help meet this demand and thereby support sustainable economic growth, strengthen energy security and minimize environmental impact.