Solar power

Hanoi (VNA) - The Solar Storage System (ESS) offers a low-cost and low-emissions solution for peak-hour power supply, helping Vietnam pursue low emissions development and ensuring economic growth, according to an expert at a workshop held in Hanoi on January 27. Mark Leslie, Managing Director of the Green Investment Group at Macquarie Capital, said the solution helps integrate solar power into the grid. Energy storage is the capture of energy produced at one time for use at a later time, to reduce imbalances between demand and generation. According to a representative from the Blueleaf Energy company - an organiser of the workshop - the solar energy storage system allows the use of low-cost solar power at noon to charge and then discharge during peak hours to meet peak loads. Solar power sources are intermittent and fluctuate during the day, thus causing several issues for grid operation. The combination between the source and the energy storage system can lead to more stable … [Read more...] about Solar energy storage system offers low-cost solution for Vietnam

In your opinion, what will be the key trends for investment in the renewable energy market in Vietnam? I think the mix of energy will continue to be more balanced than today, the traditional centralisation of the energy generation, transmission distribution will get decentralised with a lot of new producers, including some rooftop solar technology. But fundamentally, the market continues to have two main points to focus: the first one is continuing to digitise the existing installation base on one hand, and on the other hand, to electrify a lot of the country, which has still very little access to the electric infrastructure away from the main city, but to continue to develop access to energy. … [Read more...] about The “next normal” in business is sustainability

Vientiane (VNA) - Major newspapers in Laos have published articles highlighting the opening ceremony of the 13th National Congress of the Communist Party of Vietnam (CPV). The Pasaxon (People’s) Newspaper wrote on January 27 that the opening ceremony of the 13th National Congress of the CPV was held solemnly on January 26 with the attendance of 1,587 delegates representing over 5.1 million Party members nationwide, under the chair of 17 members of the Presidium. It stressed that the congress has the theme “Strengthening the building and rectification of the Party and the political system into purity and strength; rousing the will and determination for national development and promoting the strength of the great national unity bloc in combination with the power of the era; continuing to comprehensively and synchronously accelerate the cause of reform; constructing and firmly safeguarding the Fatherland and maintaining a peaceful and stable environment; and striving to … [Read more...] about Lao newspapers cover opening of 13th National Party Congress

It was 7.1 percent higher year-on-year as most industrial park developers in the north maintained strong bargaining power thanks to Vietnam’s potential as one of the most sustainable manufacturing hubs, according to a report by Jones Lang LaSalle (JLL). … [Read more...] about Industrial land rents in north rise to new peak

Some of it travelled as far as three kilometres (two miles) away from its peak, Indonesia's geological agency said. Authorities told residents to stay outside a five-kilometre no-go zone, warning about possible lava flows. Fiery red lava has been seen flowing down the volcano in recent days, but authorities have kept its alert status at the second-highest level. Mount Merapi's last major eruption in 2010 killed more than 300 people, and forced the evacuation of around 280,000 residents from surrounding areas. That was its most powerful eruption since 1930, which killed around 1,300 people, while another explosion in 1994 took about 60 lives. Indonesia sits on the Pacific "Ring of Fire", a vast zone of geological instability where the collision of tectonic plates causes frequent quakes and major volcanic activity. The Southeast Asian archipelago nation has nearly 130 active volcanoes. … [Read more...] about Indonesian volcano erupts, spewing hot ash three kilometres away