The central city of Da Nang will install a solar power system to provide free charging for mobile phones, wifi and advertising at public bus stops in a pilot project next month.
The Bach Khoa Investment and Development of Solar Power Corporation (SolarBK Group) is the only Vietnamese business participating in the Future of Energy Summit, organised by Bloomberg New Energy Finance, in Shanghai, China on November 28-29.
Over 100 provincial government officials, investors and other stakeholders have gathered in Ho Chi Minh City to discuss policies for the development of solar energy.
Rooftop solar power in Vietnam could be smoothly integrated into the national grid, energy experts said at a seminar in Hanoi on October 12.
The south central coastal province of Ninh Thuan is trying to create favourable conditions to lure investment in developing wind and solar power towards ensuring sustainable development of the power sector and contributing to national energy security.
The national and provincial solar power plans will be released next year, cutting some red tape for the wave of investors registering solar power projects in Vietnam following the introduction of a new feed-in-tariff which sits at 9.35 US cents per kWh.
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.
Vietnam’s Ministry of Industry and Trade has asked the government to raise the buying price for wind power in an effort to help investors cover high input costs.
The Vietnam Sustainable Energy Alliance (VSEA) said the country lacks a set of standards for the development of solar power, which is abundant and untapped.
India’s Hero Future Energies Asia Pte.Ltd held a working session with the People’s Committee of Binh Phuoc southeastern province on August 16 to explore investment in a solar power project in the province.
Five solar power projects worth over VND14.8 trillion (US$651.2 million) have been approved to invest in the central coastal province of Binh Thuan as of May 2017.
The Trung Nam Construction Investment Corporation (Trungnam Group) and the Trung Nam Wind Power Joint Stock Company signed contracts with partners on June 10 to implement wind and solar power projects in the south central province of Ninh Thuan.
Electricity of Vietnam (EVN) has recently proposed putting forth a mechanism for auctions of renewable energy projects from 2020 onwards, to give impetus to the development of this industry.
The Provincial Energy Office of Lampang has held a meeting to inform local administrative organizations from 10 sub-districts and local residents on its plan to apply solar power to drought relief.
Danang has announced its first solar power project, funded with US$415,000 from the European Commission (EC) and US$75,000 from the city’s counter fund.
Thailand’s Triple Win Corporation plans to develop a solar power project in Duc Pho district in the central province of Quang Ngai later this year.
The Prime Minister has approved adjustments to the solar power project in the central province of Quang Binh, which is funded by official development assistance from the Republic of Korea.
Hoi An has started a new project to use solar power for its major attractions, with funding from the German government.
Investors have been looking for a synchronous policy to address difficulties faced in solar power projects in Vietnam.
The potential for solar energy in Vietnam is huge but needs appropriate policies to encourage investment, a recent conference heard in HCM City.