Tag: electricity
Ministry explains cuts to capacity of renewable power plants
Low power demand coupled with oversupply of electricity at times have forced authorities to cut the capacity of renewable energy plants in order to avoid overwhelming the national grid, according to the Ministry of Industry and Trade (MoIT).
Ministry requests urgent review of solar power development
The Ministry of Industry and Trade (MoIT) has issued an express dispatch requesting the People's Committees of cities and provinces and Vietnam Electricity (EVN) to urgently review and list all issues related to solar power development.
VinFast plans to build electric car factory in US
VOV.VN - Vietnamese electric-vehicle startup VinFast has initiated plans to open a factory in the United States after setting up a 50-member San Francisco research office in preparation for putting its vehicles on sale in the California market ahead in 2022, according to the US newswire Bloomberg.
Vietnam needs US$128.3 billion to develop electricity industry
Vietnam needs about US$128.3 billion of investment capital to develop its electricity industry in 2021-2030, according to draft electricity planning released by the Ministry of Industry and Trade (MoIT).
Solar power capacity to be cut due to oversupply
Nguyen Duc Ninh, Director of the National Power Regulation Centre, has said Vietnam will cut its renewable electricity capacity due to oversupply.
EVNNPC named stable Long-Term Foreign-Currency Issuer by Fitch Ratings
The Vietnam Electricity Northern Power Corporation (EVNNPC) has been recently assigned a Long-Term Foreign-Currency Issuer Default Rating (IDR) of ‘BB’ with a Stable Outlook by Fitch Ratings.
Construction on wind power project begins in Ca Mau
Construction of a wind power project started in Nguyen Huan commune, Dam Doi district, the southern province of Ca Mau on January 16.
HCM City to open five electric-bus routes for 2-year trial run
The HCM City Department of Transport has asked the municipal People's Committee to approve five new subsidized electric-bus routes that will be operated by Vingroup and run on a pilot basis for 24 months.
EVN lauded for ensuring power supply
Deputy Prime Minister Trinh Dinh Dung on January 12 lauded the Vietnam Electricity (EVN) for its efforts in ensuring electricity supply for socio-economic development, as well as daily activities.
Construction of expanded Hoa Binh hydropower plant kicks off
Construction of the expanded Hoa Binh hydropower plant began in the northern mountainous province of Hoa Binh on January 10, with Prime Minister Nguyen Xuan Phuc attending the ground-breaking ceremony.
