The Government of Vietnam is building open mechanisms to mobilise private investment in power projects, especially in renewable energy (RE).

VOV.VN - The United States Agency for International Development (USAID) on October 28 announced US$860,000 in assistance for three renewable energy projects in Vietnam.

VOV.VN - Vietnam is already in a good position concerning making a sustainable offshore wind supply chain given existing industries and businesses with oil, and shipyards construction, while transformation into renewable energy or offshore wind is realistic and within reach.

VOV.VN - Vietnam creates favourable conditions for foreign businesses to invest in clean and renewable energy and sustainable development moving into the post-COVID-19 period, Vietnamese Ambassador to Canada Pham Cao Phong told a conference in Ottawa on October 21.

The demand for investment capital for the development of power sources and grids will average US$10-US$11.5 billion per year by 2030.

The US Consulate General in HCM City on October 15 awarded a US$2.96 million grant to AMI AC Renewables to construct a battery energy storage system pilot project in Vietnam.

VOV.VN - Belgium is willing to share its development experience with Vietnam, Senate President Stephanie D'Hose told Vietnamese Ambassador to Belgium Nguyen Van Thao at a reception in Brussels on October 13.

VOV.VN - Vietnam is diversifying energy sources with a primary focus on clean and renewable energy sources, aiming to increase their share in the total primary energy supply to about 20% by 2030 and 30% by 2045.

French renewable energy producer EDF Renewables has made a significant investment in SkyX Energy, which is a subsidiary of VinaCapital Group and the owner of rooftop solar power plant SkyX Solar.

VOV.VN - Prime Minister Pham Minh Chinh will attend and deliver a speech at the fourth Russian Energy Week, which will take place in Moscow from October 13-15.