The European Union has announced plans to mobilise more than $1 billion for major infrastructure projects in Vietnam, focusing on sustainable transport and energy transition initiatives. As part of this effort, the EU has launched […]
EIB Global, the development arm of the European Investment Bank (EIB), has entered into a €200 million financing agreement with Vietnam Technological and Commercial Joint Stock Bank (Techcombank). The funding is aimed at supporting climate […]
Vietnam’s electricity sector is undergoing rapid expansion and transition, driven by significant economic growth and public policy aimed at increasing clean energy sources under the Power Development Plan VIII (PDP VIII) 2021-30, with a vision […]
Energy companies from Malaysia, Singapore, and Vietnam have inked a joint development agreement to explore the export of renewable electricity from Vietnam to Malaysia and Singapore. The alliance between the companies reflects the growing momentum […]
The Government of Laos has launched construction on the 124 MW Nam Neun 1 hydropower plant, a crucial $360 million energy project aimed at supplying electricity to Vietnam by 2028. The project, which is expected […]
Vietnam has officially issued Decision 768/QD-TTg, approving the amended National Power Development Plan VIII (PDP VIII) for the 2021-30 period, with a vision toward 2050. The amended PDP VIII replaces Decision 500/QD-TTg of May 2023 […]
POWERCHINA has announced plans to develop wind farms and green infrastructure in Vietnam. The partnership reflects growing China–Vietnam cooperation. A key achievement is the full grid connection of the Huong Linh 4 Wind Power Plant, […]
GreenYellow, along with STOA and DEG, has achieved the financial close of a 189 MWp asset platform, YieldCo. YieldCo is a Singapore-based asset platform dedicated to operating self-consumption solar assets in Vietnam and Thailand. Furthermore, […]
The Vietnam National Petroleum Group (Petrolimex) and the Asian Development Bank (ADB) have signed a memorandum of understanding (MoU) to advance energy transition in Vietnam. Under the agreement, ADB will support Petrolimex in assessing its […]
Mirova, an affiliate of Natixis Investment Managers, has invested in ecoligo, a global player in commercial and industrial (C&I) solar solutions. This investment is aimed at funding a portfolio of greenfield C&I solar rooftop projects […]
Growatt, a Chinese solar inverter manufacturer, has begun the first phase of its production plant in Haiphong, Vietnam. The facility will have an annual capacity of 500,000 inverters and 100,000 batteries. The new facility will […]
Ørsted, a Danish energy company, has partnered with the Technical University of Denmark (DTU) and the Hanoi University of Science and Technology (HUST) to promote Vietnam’s offshore wind industry. The partners intend to improve talent […]
Japanese utility company JERA, through its subsidiary JERA Asia, has agreed to purchase a 35.1 per cent stake in Gia Lai Electricity (GEC), a Vietnam-based renewable energy company. For an undisclosed sum, JERA will purchase […]
Corio Generation, an offshore wind company, has signed a joint development agreement with FECON, a Vietnamese construction company, for a 500 MW offshore wind project in Vietnam’s Ba Ria-Vung Tau province. The proposed fixed-bottom plant, […]
ACEN and ib vogt have agreed to enter into a joint venture (JV) to fund the construction and operation of nearly 1 GW of solar power facilities across the Asia-Pacific region. The proposed JV will […]
Jinko Solar Limited has decided to invest $500 million in Vietnam’s Qung Ninh Province to establish a monocrystalline ingot and wafer production facility. The project is expected to have a 7 GW annual capacity. This […]
Wind energy has been a relatively low-priority renewable segment for many countries in the Southeast Asia (SEA) region, as compared to solar, which has witnessed rapid installations. The region significantly lags behind the rest of […]
The year 2016 witnessed several project investments, and policy and regulatory initiatives across various regions, which were aimed at facilitating grid expansion and strengthening, mainly to connect new and renewable energy sources. Renewable Watch presents […]
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