As private investment can play a significant role in increasing local power supply, experts have worked to find better mechanisms and policies to solve problems that have discouraged investment in the sector.
Measures to save energy in designing, constructing and operating buildings were the focus of discussion at a workshop organised by the Department of Science, Technology and Environment under the Ministry of Construction in Ho Chi Minh City on December 5.
Construction on a wind power plant with a capacity of 50MW began in Vinh Hau A commune, the Mekong Delta province of Bac Lieu on June 1, as part of activities during the Vietnam Sea and Island Week and an Action Month for the Environment.
A scientific workshop on Vietnam-India development cooperation in energy security was held in Hanoi on May 27.
Vietnam’s leading clean energy event, The Solar Show 2019, is being held in Ho Chi Minh City from April 3-4, attracting thousands of exhibitors and experts from countries and territories worldwide.
A campaign to respond to the Earth Hour was launched in Hanoi on March 10, sending the message “saving energy, protecting earth”.
The list of renewable energy projects registered by both foreign and domestic investors in the country has been growing consistently since the feed-in-tariff hike, but further work is required to meet the goals.
The central coastal province of Khanh Hoa is striving to bring the solar power plants in its territory to operation in 2019, according to local authorities.
Investors are keeping their faith in Vietnam’s wind power sector, even though it is not taking off due to an unbankable purchase power agreement, seven years after the government released the incentives for wind power projects.
Vietnam plans to more than triple the amount of electricity it produces from renewable sources and push for a 26 percent increase in household solar energy usage by 2030, Prime Minister Nguyen Xuan Phuc told Reuters in an interview.
Vietnam saved 485,000 kWh of electricity, equivalent to 834 million VND (36,612 USD), during the Earth Hour from 8:30pm-9:30pm of March 24, according to the National Load Dispatch Centre.
The Asian Development Bank (ADB) on February 2 signed a $100 million loan facility agreement with China Everbright International Limited (CEIL) to help a series of municipal waste-to-energy (WTE) plants in primary and secondary cities in the Mekong Delta.
Vietnamese Ambassador to the US Pham Quang Vinh held a meeting on January 10 with US Congressman Paul Gosar who affirmed Arizona State is willing to boost cooperation with Vietnamese localities in all fields to take advantage and supplement each other’s strengths in technology and resources.
Vietnam is considered the second biggest potential market in Southeast Asia for solar power.
PSNews-The World Bank and the Electricity of Vietnam (EVN) launched a campaign on September 20 to promote the deployment of renewable energy in the country, with the installation of five solar measurement stations across the country.
The government policy encouraging investment in the power sector has created a firm framework for the development of solar energy.
President Tran Dai Quang encouraged US businesses to make investment in Vietnam’s energy, oil and gas, infrastructure, finance-banking, education and training, and tourism while addressing a workshop on the Vietnam-US prospects in 2017 and the following years in Hanoi on May 19.
Foreign investors have made their ambitions clear for building green energy waste-to-power projects in Vietnam.
The Japanese Electric Power Development Co (J-Power) has submitted Quang Ngai provincial leaders its plan to construct a 4,400MW thermal power plant at Dung Quat Economic Zone in the central province.
Rent-A-Port Green Energy has inked a memorandum of understanding (MoU) to develop wind and solar driven micro desalination facilities, in a bid to solve the problems of salt water harming rice fields in the Mekong Delta region.