Largest solar plant in Southeast Asia begins operating in Vietnam

By Dat Nguyen   October 13, 2020 | 12:13 pm GMT+7 VNExpressLargest solar plant in Southeast Asia begins operating in VietnamAn aerial view of the 500kV substation of the Trung Nam Thuan Nam Solar Power Plant in the central province of Ninh Thuan. Photo courtesy of Trungnam Group.

The largest solar farm in Southeast Asia has been commissioned in Vietnam’s central province of Ninh Thuan.

The 450 megawatt Trung Nam Thuan Nam Solar Power Plant, which spreads over an area of nearly 560 hectares in Thuan Nam District, went on stream on Monday evening, 102 days after construction began in mid-May.

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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.

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Solar power investors fear they may not be able to enjoy preferential FIT

27/08/2020    08:58 GMT+7 vietnamnet

Covid-19 and the slow implementation of power transmission projects may make it impossible for solar power projects to connect to the national grid by the end of the year.

Investors of solar power projects are concerned that they may fail to connect to the national grid and this be able to enjoy the preferential FIT (feed in tariff) of 7.09 cent per kwh.

Solar power investors fear they may not be able to enjoy preferential FIT

Under current regulations, the price is only applied to projects which become operational and connect to the national grid no later than December 31, 2020.

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Vietnam sees rooftop solar boom

By Anh Minh   August 26, 2020 | 11:57 am GMT+7 vnexpressVietnam sees rooftop solar boomWorkers install solar power panels on a rooftop in Ho Chi Minh City. Photo courtesy of Vietnam Electricity.

Over 45,000 households and organizations in the country have installed rooftop solar panels, whose prices have been falling rapidly in recent years.

Le Anh Tuan, lecturer at Can Tho University in southern Can Tho City, spent VND130 million ($5,600) to install a 3.9 kWp rooftop solar power system in his home four years ago and is now enjoying the fruits of his investment.

Tuan was able to save up to VND1.2 million each month compared to using normal electricity, twice the amount of monthly deposit interests.

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Vietnam files complaint with WTO over US solar tariffs

pv-magazine.com

The Vietnamese authorities have submitted a complaint to the World Trade Organization (WTO) to request formal consultations with Washington over its recently announced 30% tariff on crystalline silicon PV imports.

Low Costs of Solar Power & Wind Power Crush Coal, Crush Nuclear, & Beat Natural Gas

Cleantechnica

December 25th, 2016 by

 We already published a great article from Nexus Media regarding Lazard’s new report showing the extremely low (and falling) costs of solar power and wind power. However, I’ve been wanting to highlight these awesome new findings since Larmion shared the updated report with us earlier this month, and I want to break out the amazing news in 5 specific ways.

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Renewable energy a must for Viet Nam

vietnamnews

Update: May, 27/2017 – 14:00

A solar power factory on Côn Đảo Island in Bà Rịa-Vũng Tàu Province. VNA/VNS Photo Ngọc Hà

HCM CITY — Developing renewable energy sources is more urgent than ever to meet demand for power, ensure sustainable growth and cope with climate change in the country, experts said yesterday at a meeting held in HCM City.

Rainer Brohm, GIZ consultant, said that solar photovoltaic (PV) energy could replace expensive sources such as coal and gas and could quickly meet needed power capacity. Tiếp tục đọc “Renewable energy a must for Viet Nam”

Generating electricity with solar panels

Last update 07:35 | 24/05/2017
VietNamNet Bridge – The government policy encouraging investment in the power sector has created a firm framework for the development of solar energy.

vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news, solar energy, EVN, MOIT electricity price

To generate 1 MW of electricity, solar energy investors need 1.1 hectares of land. However, despite the large land fund needed, economists think that developing solar energy has many advantages.

As equipment, operation and maintenance costs are getting cheaper, solar energy is becoming more attractive than other types of clean energy.

To generate 1 MW of electricity, solar energy investors need 1.1 hectares of land. However, despite the large land fund needed, economists think that developing solar energy has many advantages.

Investors are pouring billions of dollars into clean energy projects in Binh Thuan province, which is bestowed by nature with abundance of wind and sun.

Up to 72 percent of Binh Thuan province’s area has solar radiation of over 5 kWh/m/day, the level high enough to make solar projects economically feasible. Tiếp tục đọc “Generating electricity with solar panels”

Decision paves way for solar power development

vietnamnews

Update: April, 18/2017 – 15:00

The solar power factory in Côn Đảo Island in Bà Rịa-Vũng Tàu Province. — VNA/VNS Photo Ngọc Hà

Viet Nam News HÀ NỘI — Opportunities to invest in Việt Nam’s solar energy sector are abundant after Prime Minister Nguyễn Xuân Phúc issued a decision to encourage the development of solar power projects.

Under Decision 11/2017/QĐ-TTg, which takes effective from June 1, 2017, all output produced by solar power projects will be purchased for VNĐ2,086 (US 9.3 cent)/kWh (excluding VAT) – a profitable rate for investors. Tiếp tục đọc “Decision paves way for solar power development”

UPDATE 1-Companies to invest $3.3 billion in solar projects in Vietnam’s Daklak province

By Mai Nguyen

Reuters_Vietnam’s Daklak province on Saturday granted licences and signed memorandums of understanding for the development of several solar power projects worth a combined $3.3 billion.

Vietnam has been mostly reliant on coal-fired and hydro power plants to accommodate its annual electricity demand growth of around 11 percent, but wants to boost its renewable energy output amid rising resources scarcity and environmental issues.

U.S. group AES Corporation signed an memorandum of understanding with the province to invest $750 million in a solar plant with expected capacity of 300-500 megawatts.

Vietnamese private firm Xuan Thien Daklak on Saturday received a provincial government licence to invest $2.2 billion in a 2,000-megawatt solar power project in Daklak province in the Central Highlands.

South Korea’s Solar Park Global also received a certificate to invest $45 million in a solar power project and Vietnamese Long Thanh Infrastructure Development and Investment Company will invest $308 million in a 250-megawatt solar plant.

Indonesia, Thailand and Vietnam are seeking to secure sources of solar energy and have introduced targets to fire up green energy generation as global agreements to curb pollution take effect. (Reporting by Mai Nguyen; Editing by Sam Holmes)

India unveils the world’s largest solar power plant

WeatherNews1 hour ago

The country is on schedule to be the world’s third biggest solar market next year.

Image result for solar plant in Kamuthi, Tamil Nadu

https://www.youtube.com/watch?v=gM-0lrIxCnE

http://players.brightcove.net/665003303001/4k5gFJHRe_default/index.html?videoId=5227294776001

Images have been released showing the sheer size of the new solar power plant in southern India.

The facility in Kamuthi, Tamil Nadu, has a capacity of 648 MW and covers an area of 10sq km.

This makes it the largest solar power plant at a single location, taking the title from the Topaz Solar Farm in California, which has a capacity of 550 MW. Tiếp tục đọc “India unveils the world’s largest solar power plant”

Why green growth is the key to Southeast Asia’s future

By Vaidehi Shah

NCCS – The “grow now, clean up later” approach which has dominated economic development for the past century just isn’t working anymore as multiple environmental crises prove. Green growth may be a better way forward for Southeast Asia and the world.

Solar panels on Sumba Island, Indonesia. Over 8.1 million people are now working in renewable energy worldwide. Image: Asian Development Bank, CC BY-NC-ND 2.0.

Multiple environmental crises facing the planet today such as climate change and dwindling resources send a clear message to the global community: “Business-as-usual” ways of production and consumption are no longer acceptable. Tiếp tục đọc “Why green growth is the key to Southeast Asia’s future”

Why rise of solar, and fall in costs, still shocks energy experts

renewableconomy – The solar revolution is upon us, and yet many still don’t get it. Yes, they say, solar will play an increasing role in the world’s energy systems, but they still fail to comprehend to what extent solar will become the dominant energy provider in the decades to come.

This is true even of the International Energy Agency, which nevertheless concedes that solar will become the biggest individual source of power by 2050. It is true of Bill Gates, who is still searching for an energy miracle when there is one right in front of him. And it is certainly true of the fossil fuel industry which, having given up fighting for its future on environmental grounds, still wants to believe that coal is the key to unlocking “energy poverty”. Tiếp tục đọc “Why rise of solar, and fall in costs, still shocks energy experts”