Renewable energy suppliers

Although national energy-saving efforts have achieved some results, data from the Ministry of Industry and Trade (MoIT) showed that energy consumption remains high in many industries, even up to 1.3-1.6 times higher than in other regional countries. In total, the energy consumption of the industrial sector now accounts for more than 47 per cent of total national consumption, according to data presented by the Vietnam Energy Forum two years ago. … [Read more...] about New strategies essential for nation’s energy-saving goals

Preferential programme promotes solar power The HCM City Power Corporation Corporation under Vietnam Electricity (EVNHCMC) is co-operating with suppliers to carry out preferential programmes to encourage enterprises and individuals in the city to use solar power. … [Read more...] about Investing in power projects, foreigners nurture big ambitions

Bangkok (VNA) – State-run Electricity Generating Authority of Thailand (Egat) expects to operate a 45-megawatt floating solar farm it claims to be the largest in the world this June. Egat signed a contract with B.Grimm Power Plc, which will serve as an engineering, procurement and construction firm to develop photovoltaic panels worth 842 million baht (28 million USD) on Sirindhorn Dam in Ubon Ratchathani, where an Egat hydropower plant is operating. The floating solar farm is designed to be a hybrid system, working in tandem with 36MW of hydropower generation to increase optimisation capacity. The facility, which generates power on a water surface of 72 hectares, was originally scheduled for operation in December last year, but the launch was postponed due to the COVID-19 pandemic. Local media quoted Chatchai Mawong, Egat's director for hydro and renewable energy power plant development, as saying that construction is now 82 percent complete. Workers began installing the … [Read more...] about Thailand to put world’s largest floating solar farm into use this June

The domestic credit chip cards are expected to be officially launched this week. The seven banks include Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), Ban Viet Joint Stock Commercial Bank (VCCB), Asia Commercial Bank (ACB), HCM City Housing Development Commercial Joint Stock Bank (HDB), Bao Viet Bank (BVB), Sai Gon Thuong Tin (Sacombank) and Viet Nam Thuong Tin (Vietbank). … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 25

According to Ha Dang Son, director of the Center for Energy and Green Growth Research under the Vietnam Union of Science and Technology Associations, the capacity of nearly 12,000MW is huge, requiring enormous investment in building corresponding transmission grid in the context that the industry has not been fully privatized. … [Read more...] about Vietnam gov’t seeks to nearly triple wind power capacity to 12,000MW