Vietnam
Vietnam’s direct power purchase agreement decree could catalyze a new era for renewable energy
Vietnam’s direct power purchase agreement decree could catalyze a new era for renewable energy
On 3 July 2024, the Government of Vietnam issued its long-awaited decree permitting direct power purchase agreements (DPPAs) for renewable energy between private project developers and private energy consumers. An extraordinary feature of the decree grants permission for entirely privately developed, owned, and operated transmission lines. This provision could allow the development of large-scale solar or wind farms at remote sites to supply industrial consumers directly. This landmark legislation could ignite a new wave of rapid renewable energy development in Vietnam.
Vietnam’s gas project bags $832m in Japanese loans
The facility will support thermal power plants.
HSBC, Leader Energy ink $23.13m loan for solar project in Vietnam
This will refinance a 50-MW solar facility.
Sembcorp adds 196MW of wind, solar in portfolio with Vietnam acquisition deal
It will also acquire a stake in a GELEX unit that owns a hydropower asset.
Will the government pay for coal power exit in Vietnam?
The country’s coal power phase-out strategy sees renewables accounting for 67.7%–71.5% of the energy mix by 2050.
How e-bikes serve as an emergency electricity generator
A fully-charged e-bike could power the lights and two freezers in a convenience store for 3 to 4 hours.
Vietnam to build largest onshore wind turbine by diameter
The wind farm has the largest single-machine capacity of Electric Wind Power’s projects.
Nexif Ratch acquires 30 MW Vietnam hydropower plant
The Min Luong hydropower plant has a 20-year PPA with an EVN subsidiary.
Sembcorp buys 245 MW renewable projects in Vietnam
The purchase of the majority of Gelex brings Sembcorp’s Vietnam portfolio to 450 MW.
JERA, Vietnam’s EVN sign MOU for decarbonisation roadmap development
The Vietnam government advocates conversion to ammonia and hydrogen in the power sector.
Vietnam’s 29.7 MW wind project goes online
The electricity it will produce will be supplied to state-owned Vietnam Electricity.
ADB to provide $13.8m to support Vietnam’s rooftop solar sector
The project can augment the sector’s generation by at least 31.5 GWh annually.
‘Expensive pathway’ awaits as Vietnam trails to achieve PDP8 targets
Vietnam targets to phase out coal plants and convert them into biomass and ammonia plants.
Vietnam approves National Power Development Master Plan VIII
Renewables are expected to account for 67.5% to 71.5% of the total electricity by 2050.
ACEN, AMI Renewables to develop Vietnam’s first grid-connected battery energy storage
The BESS will have a capacity of 7.5MWh.
JBIC, Vietcombank opens credit line for Vietnam RE projects
It is the second credit line signed by JBIC with Vietcombank.
IAEA urges Vietnam to integrate existing systems, measures into nuclear security policy
The agency conducted a security advisory mission in Vietnam from 19 to 31 March.
Commentary
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