Work on construction of the Dong Hai 1 wind power plant, second phase, began in Long Dien Dong commune, Dong Hai district of the Mekong Delta province of Bac Lieu on October 10.

The Asian Development Bank (ADB) and Phu Yen TTP Joint Stock Company (Phu Yen JSC) on October 9 signed a US$186 million loan to develop and operate a 257 megawatt (MW) solar power plant in the southern province of Phu Yen’s Hoa Hoi, through the country’s first certified green loan.

Vietnam aims to raise its renewable energy sources to 15-20% of the total energy supply by 2030 and 25-30% by 2045.

VOV.VN - AJU, a business publication from the Republic of Korea (RoK), has recently published an article revealing that the board of the Korea Electric Power Corporation (KEPCO) has plans to purchase a 40% stake in Vung Ang 2, a 1,200MW coal-fired power plant being constructed in Ha Tinh province.

VOV.VN - More than 70,000 businesses, mostly small and medium-sized enterprises (SMEs) and individual traders, have either suspended operations or scaled down production during the past nine months due to COVID-19, affecting over 31 million employees.

VOV.VN - Pacifico Energy Vietnam, a subsidiary of Pacifico Energy, an international leader is developing, financing, constructing, and operating renewable energy power plants, have initiated plans to invest in a number of wind and solar power projects in the central province of Quang Tri in the near future.

As the country’s total power output will expand by 80,000 MW by 2030, while large sources are located far from centres, it is necessary to develop sufficient power transmission grid to ensure stable operation of the whole system, according to Deputy Minister of Industry and Trade Hoang Quoc Vuong.

VOV.VN - A total of 81% of businesses operating in the manufacturing and processing industries believe that production will continue to recover and prosper in the fourth quarter of the year, according to a survey recently conducted by the General Statistics Office (GSO).

Vietnam is capable of generating 10 GW of electricity by offshore wind farms by 2030, suggested studies carried out by the Danish Energy Agency (DEA) and the World Bank (WB).

The construction of the B&T wind farm cluster, the biggest foreign-funded renewable energy project in inland Vietnam, began in the central province of Quang Binh on September 20.