Tag Archives: Vietnam

Vietnam raises wind power price to encourage development

The Government has recently decided to increase price of wind power to encourage the development of this energy after eight years imposing the Feed in Tariff (Fit) of 7.8 US cent/kWh, which is said to be too low for investors to overcome perceived risks. Under the Prime Minister’s Decision No.39/2018/QD-TTg, the new level of Fit … Continue reading Vietnam raises wind power price to encourage development

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Vietnam: New Feed-In-Tariffs For Wind Energy Projects

On 11 September 2018, the Prime Minister has approved a draft decision on new feed-in tariffs (FITs) applicable to wind power projects in Vietnam. This FITs decision will become effective 1 November 2018 (the “PM Decision”). The PM Decision will amend and revise certain articles of the Prime Minister’s Decision No. 37/2011/QD-TTg on the mechanisms … Continue reading Vietnam: New Feed-In-Tariffs For Wind Energy Projects

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DNV GL Alliance for Offshore Wind Power Development in Vietnam

Enterprize Energy and partner Renewable Energy Global Solutions (REGS), together with PetroVietnam consortium comprising Petroleum Equipment Assembly & Metal Structure (PVC-MS) and VietSovPetro (VSP), MHI-Vestas Offshore Wind (MVOW), and DNV GL signed a series of exclusive Agreements forming an alliance for multi-phased, utility-scale wind developments, offshore Southern Vietnam, including feasibility, environmental, development, financing planning through … Continue reading DNV GL Alliance for Offshore Wind Power Development in Vietnam

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Vietnam appeals wind power projects

According to the Electricity and Renewable Energy Department under the Ministry of Industry and Trade, Vietnam aims at 800 MW of installed capacity by 2020 and 6,000 MW by 2020, as compared to 190 MW now for wind energy. Lately, the central province of Ninh Thuan and other provinces in the central and Mekong delta … Continue reading Vietnam appeals wind power projects

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Investors eye wind farm development in Soc Trang, Vietnam

The Mekong Delta province of Soc Trang will prioritise investors with technical and financial capacity to implement wind power projects in the province, according to local officials. To date, 69 investors have registered to carry out wind power projects in the province, including 16 joint ventures, 24 foreign and 29 domestic firms. Meanwhile, Soc Trang … Continue reading Investors eye wind farm development in Soc Trang, Vietnam

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Vietnam Wind Power 2018

On June 7, 2018, the Global Wind Energy Council (GWEC) opened its first ever wind power conference in Vietnam, gathering leading national and international industry players to discuss the development of the sector with government. Vietnam has some of the richest wind resources in Southeast Asia; however, Vietnam’s wind market is still in the early … Continue reading Vietnam Wind Power 2018

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Maps Vietnam wind energy boost

The Global Wind Energy Council (GWEC) has drawn up a list of recommendations to help Vietnam raise its current wind capacity to 800MW by 2020 from 197MW currently. GWEC presented the statement, co-signed by Siemens Gamesa, Vestas, Mainstream Renewable Power and DNV GL, as it opened its first Vietnam Wind Power Conference in Hanoi. The recommendations include … Continue reading Maps Vietnam wind energy boost

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Siemens Gamesa reinforces its presence in Vietnam with a new order for 39 MW

Siemens Gamesa Renewable Energy (SGRE) continues to reinforce its presence in Vietnam where it will install and commission the Dam Nai wind farm with 39 MW for the independent operator, The Blue Circle, headquartered in Singapore. Development of this project has been divided into two phases: phase one, in which Siemens Gamesa last year installed … Continue reading Siemens Gamesa reinforces its presence in Vietnam with a new order for 39 MW

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Vietnam could generate all power via renewable energy by 2050

“Sustainable Scenario for the Vietnamese power sector until 2050”, a report by WWF-Vietnam and Vietnam Sustainable Energy Alliance (VSEA) says that 100 percent of Vietnam’s power could be generated by renewable energy technologies by 2050. This would significantly reduce carbon dioxide emissions linked to climate change. Dr Du Van Toan from the Marine and island … Continue reading Vietnam could generate all power via renewable energy by 2050

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Vietnam has big potential for renewable energy

Dang Van Thanh, Chairman of the Management Board of the Thanh Thanh Cong Group, talks to the newspaper Nong Thon Ngay Nay (Countryside Today) about the country’s great potential to develop biomass energy. What do you see as the country’s potential to develop biomass energy? I should say renewable energy is a current trend of … Continue reading Vietnam has big potential for renewable energy

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DNV GL Alliance for Offshore Wind Energy Development in Vietnam

Enterprize Energy and partner Renewable Energy Global Solutions (REGS), together with PetroVietnam consortium comprising Petroleum Equipment Assembly & Metal Structure (PVC-MS) and VietSovPetro (VSP), MHI-Vestas Offshore Wind (MVOW), and DNV GL signed a series of exclusive Agreements forming an alliance for multi-phased, utility-scale wind developments, offshore Southern Vietnam, including feasibility, environmental, development, financing planning through … Continue reading DNV GL Alliance for Offshore Wind Energy Development in Vietnam

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Sustainable development of the wind power sector in Vietnam

A wind farm in Bac Lieu City. Viet Nam can achieve an average annual growth of 7 per cent in the wind energy sector over two decades (2016-2035), experts say. Organised by Vestas Wind Systems from Denmark in collaboration with the Ministry of Industry and Trade (MoIT), the workshop attracted many foreign experts in the … Continue reading Sustainable development of the wind power sector in Vietnam

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USTDA Supports Renewable Wind Energy in Vietnam Through U.S. Solutions

The U.S. Trade and Development Agency awarded a grant to Power Engineering Consulting Joint Stock Company 2 (PECC2), a leading Vietnamese power engineering company, to support development of a 100 megawatt (MW) wind farm in southern Vietnam. PECC2 selected DVN KEMA Renewables, Inc. (Seattle, WA) to carry out the project design and feasibility study.  DNV … Continue reading USTDA Supports Renewable Wind Energy in Vietnam Through U.S. Solutions

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Vietnam: wind energy has potential of about 12 GW

The figures were announced in the Viet Nam Energy Outlook Report 2017, released at an event co-organised by the Ministry of Industry and Trade and the Embassy of Denmark yesterday in Ha Noi. The report, compiled by Viet Nam’s Ministry of Industry and Trade (MoIT) and Denmark’s Ministry for Energy, Utilities and Climate, aims to … Continue reading Vietnam: wind energy has potential of about 12 GW

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Vietnam needs to get wind energy blowing

Vietnam has substantial potential for wind energy and it’s hoped that it will play an increasingly larger role in turning the country away from dependence on fossil fuels, said leading economist Pham Chi Lan. Speaking at a recent conference in Hanoi, Ms Lan argued that the national plan for meeting future energy, which calls for … Continue reading Vietnam needs to get wind energy blowing

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Legal framework needed for Vietnam’s wind power

Tobias Cossen, head of GIZ’s project on supporting the up-scaling of wind power said that Viê?t Nam has great potential to develop wind power as the country possesses around 3,000 km of coastline with excellent wind conditions. The Vietnamese government has approved several programmes to encourage the development of renewable energy in the country. As … Continue reading Legal framework needed for Vietnam’s wind power

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Vietnam hopes to export renewable energy equipment by 2050

At a recent conference on the development of small and medium-sized hydropower plants and renewable energy, Pham Trong Phuc, head of the Ministry of Industry and Trade’s General Department of Energy spoke about the country’s renewable energy development plan. According to Thuc, Vietnam’s localisation rate of renewable energy equipment is expected to reach 30% by … Continue reading Vietnam hopes to export renewable energy equipment by 2050

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Renewables in Vietnam

Vietnam is one of the most efficient power market in Southeast Asia, driven by low-cost resources such as hydro and coal. The country has achieved almost 99 percent electrification with relatively low cost in comparison to neighboring countries, leading it to be a net energy exporter. With energy demand projected to increase by more than … Continue reading Renewables in Vietnam

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Vietnam has large wind power potential

Vietnam has huge potential in terms of geography and wind power resources to generate electricity, experts have said. The western part of the East Sea bordering southern Vietnam is one of two areas with an average wind speed at sea of 10-11km per hour, according to research from the Vietnam Institute of Seas and Islands under the Ministry of Natural … Continue reading Vietnam has large wind power potential

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