#energy

By strengthening international cooperation in energy and completing mechanisms and policies in the field, Vietnam is working to improve the efficiency, sustainability and adapting capacity for the national energy sector.

The US Cable News Network (CNN) and business magazine Forbes have published a recent article on the official commercial operation of a US$155 million wind farm project in the nation which is a joint venture between AC Energy of the Philippines and Hanoi-based BIM Group.

Many coastal provinces in Vietnam have great potentials to develop offshore wind power, according to a report on maritime environment and national islands in the 2016-20 period by the Ministry of Natural Resources and Environment.

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.

Minister of Industry and Trade Tran Tuan Anh held talks with Japanese Minister of Economy, Trade and Industry (METI) Hiroshige Seko in Hanoi on September 14, discussing measures to foster bilateral cooperation in the fields of industry, trade and energy.

By the end of July 2017, hundreds of solar projects had registered to invest in Viet Nam with total capacity of up to 17,000 MW.