After months of uncertainty over the policy, the much awaited next round of purchase prices in solar power may be set through auction instead of enjoying the same feed-in tariff required elsewhere. The auction method may set the country up for greater clarity and fewer investor risks in the sector.
VOV.VN - Urgent solutions must be sought to handle imminent electricity shortages, coupled with drastic adjustments to the future national power development plan and power purchase agreement.
VOV.VN - Renewable sources should be prioritized as a key player in Vietnam’s future energy mix amid the increasing challenges in expanding primary sources of electricity, Danish experts have suggested.
VOV.VN - Insiders have still maintained a bright prospect ahead for the future development of Vietnam’s wind power market, regardless of the considerable challenges facing wind power projects.
Challenges to renewable energy development in Vietnam and solutions to them were highlighted at a seminar held in Ho Chi Minh City on August 23.
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.
General Electric Renewable Energy is known as the world’s leading supplier of wind turbines, with a diversified portfolio of onshore and offshore turbines and the latest technology to foster wind power development.
To attract investment in the renewable energy sector, the Ministry of Industry and Trade has confirmed that a mechanism to allow businesses to buy power at competitive prices from renewable energy generators will be piloted in 2018.
As Vietnam takes strong steps to develop its solar energy market, GE is bringing in advanced technology solutions to help the country unlock its solar potential.
Issues related to commercial operation dates, feed-in-tariffs, and grid connections are addressed in a newly-released circular on solar power, but international organisations and investors said that some key points were not changed.
The Electricity of Vietnam (EVN) group will focus on the equitisation of three power generating corporations in its restructuring plan for 2016-2020 period, according to the group’s Chairman Duong Quang Thanh.
Foreign experts and firms continue grumbling over Vietnam’s low power tariffs which have made it hard for the country to compete in the international wind energy sector.
The Commerce Ministry of Thailand has set a target of selling 10 million tonnes of rice remaining in the country’s warehouses, said the ministry’s Permanent Secretary Chutima Boonyaprapas.