HANOI : The International Finance Corporation is funding the development and construction of two wind power projects in central Việt Nam to support the country’s transition to cleaner low-carbon power generation. Construction site of Lợi Hải 2 wind power project in Ninh Thuận Province. The member of the World Bank Group IFC is providing a […]
Vietnam’s Renewable Energy Output up Nearly 160 Percent in Q1
HANOI : Vietnam’s total output of electricity from renewable sources hit 9.5 billion kWh in the first four months of 2021, up 156.9 per cent year-on-year, and accounting for 11.8 per cent of the total electricity output, according to a report by Vietnam Electricity (EVN). The electricity output from solar energy alone reached 8.73 billion […]
Copper hits over 10-year high on supply woes, demand revival hopes
HANOI: Copper prices hit a 10-year high on Tuesday over supply worries in top producer Chile and as investors hope for an improvement in global demand amid a stable economic recovery and green investments. The most-traded June copper contract on the Shanghai Futures Exchange jumped as much as 3.5% to 72,820 yuan ($11,230.38) a tonne, […]
Vietnam to cut rooftop solar feed-in tariff in bid to ease grid pressure
HANOI: Vietnam plans to cut the feed-in tariff for rooftop solar panels by 30.8-37.9% in a bid to reduce pressure on the national power grid following a recent boom in installed capacity, state media has reported. Vietnam has had one of the fastest growing renewable energy markets in Asia in recent years, but the development […]
Vietnam to cut rooftop solar feed-in tariff in bid to ease grid pressure
Vietnam has had one of the fastest growing renewable energy markets in Asia in recent years, but the development of its transmission system has lagged, leaving several of its new solar power plants operating below designed capacity HANOI: Vietnam plans to cut the feed-in tariff for rooftop solar panels by 30.8-37.9 per cent in a […]
Vietnam firm launches country’s largest solar farm amid renewables drive
Located in the central coastal province of Ninh Thuan, the 14 trillion dong ($604 million) solar farm is hooked up to the national grid via a 17 km (10.6 miles) transmission line, also built by Trung Nam, the private firm said in a statement HANOI: Vietnam’s Trung Nam Group on Monday launched a 450-megawatt solar […]