Ambitious Solar Vision from Vietnam
Southeast Asian Nation Targets Close To 50% Of Buildings Go Solar By 2030
Vietnam is to aim for up to 67.5% to 71.5% renewable energy share in its total energy mix by 2050 under the country’s Power Development Plan VIII (PDP8), signed by Prime Minister Pham Minh Chinh to ensure energy security with a significant focus on rooftop solar power.
China’s Growatt Expands Into Vietnam With New Factory
Growatt Establishes Company’s 1st Global Manufacturing Factory In Vietnam To Produce Solar Inverters & Battery Storage Projects
Chinese solar PV inverter manufacturer Growatt has announced the commissioning of its 1st overseas manufacturing facility, picking Haiphong in Vietnam to set up its global production base for solar inverters, storage inverters and battery storage products.
JERA To Invest In Vietnamese Renewables Company
600 MW Strong Renewables Platform Gia Lai Electricity To Get JERA As 35.1% Investor
Japanese power generator JERA has announced it will acquire 35.1% equity interest in Vietnamese renewable energy company Gia Lai Electricity Joint Stock Company (GEC) with its close to 600 MW portfolio, including projects under construction.
Actis Takes Majority Stake In Vietnamese RE Firm
Actis Expands In Southeast Asia With 50% Stake In Levanta Renewables
London, UK based global investor Actis has launched itself in the renewables market of Vietnam with the acquisition of the majority stake in Levanta Renewables that’s currently into onshore wind but has plans to execute solar projects as well in the future.
TotalEnergies & KCN Vietnam Enter Partnership
Strategic Alliance For TotalEnergies In Vietnam To Install Rooftop Solar For Industrial Properties
Industrial properties rental service provider KCN Vietnam has announced a memorandum of understanding (MoU) with France’s TotalEnergies to have all of its industrial properties in Vietnam to be fitted with rooftop solar panels, representing a total capacity of 45 MW DC.
Enel Green Power Expands To Vietnam
EGP Touts 5.69 GW Renewable Energy Project Pipeline In Vietnam
The renewable energy arm of Italy’s Enel, Enel Green Power (EGP) says its Vietnamese subsidiary has accumulated 5.692 GW of renewable energy pipeline comprising 915 MW capacity at an advanced stage and targets to commission its maiden utility scale plant here by 2024.
EDPR Acquires 200 MW AC Solar In Vietnam
EDPR Expands In Asia Pacific With 200 MW AC Solar PV Purchase In Vietnam
EDP Renováveis or EDP Renewables (EDPR) is expanding its position in the Vietnamese solar market, with the acquisition of 2 operational solar power plants from Vietnamese developer Xuan Thien Group, representing 255 MW DC/200 MW AC capacity.
US To Take Up Circumvention Tariff Probe
Advantage: Auxin Solar, As US Commerce Department Agrees To Launch Investigation Into Anti-Circumvention Tariff Plea
Acting on US solar module manufacturer Auxin Solar’s petition filed in February 2022, the US Department of Commerce (DOC) says it will initiate an investigation into companies circumventing antidumping (AD) and countervailing duty (CVD) by importin.
JA Solar Adding 14 GW New Capacity
Chinese Manufacturer To Expand Integrated Production Capacity In Vietnam & China
Chinese solar cell and module manufacturer JA Solar Technology Co Ltd has announced its plans to expand the company’s existing integrated production capacity by an additional 14 GW, spread in the markets of China and Vietnam to meet its strategic d.
250 MW Rooftop Solar JV For Vietnam
SK Ecoplant & Nami Solar To Invest $200 Million For Industrial Rooftop Solar In Vietnam
Vietnamese renewable energy company SK Ecoplant and local rooftop solar installer Nami Solar have joined hands to float a joint venture (JV) company to build 250 MW rooftop solar capacity in the country over the next 4 years, for a total investment of $200 million.
Vietnam To Go Slow With RE In 2022
No Solar & Wind Energy For Vietnam In 2022 Due To Grid Constraints: Media
Citing insufficient input facilities to transfer renewable energy to the grid, Vietnam’s National Load Dispatch Center (NLDC) does not want to add any more wind and solar power capacity to the national plan in 2022, according to state backed daily Vietnam News.
Iberdrola Enters Vietnam Renewables Market Via Acquisition
Iberdrola Expands Renewables Footprint In Asia Pacific; Enters Vietnam With Acquisition Of Sowitec Vietnam’s 550 MW Wind & Solar Pipeline
Spanish energy giant Iberdrola has added Vietnam to the list of countries in Asia Pacific where it will expand to after it acquired renewable energy developer Sowitec Vietnam and its 550 MW wind and solar project pipeline.
Mainstream Renewable Power Gets Serious About Vietnam
Irish Renewables Developer Mainstream Renewable Power Enters Solar Energy Market Of Vietnam With 80% Stake In D&T’s 405 MW Portfolio
Ireland based renewable energy developer Mainstream Renewable Power has forayed into the solar energy market of Vietnam where it is already developing offshore wind energy projects with 1.9 MW capacity.
500 MW Solar Project For Vietnam’s Gia Lai
Vietnam’s Gia Lai Province Approves VND 9.5 Trillion Worth 500 MW Floating Solar+Ground Mounted Solar Power Project: Media
A 500 MW solar power project has secured approval of local authorities in Gia Lai province of Vietnam, according to local media reports, and will be worth VND 9.5 trillion ($414 million).
Vietnam To Slash FIT Rates For Rooftop Solar Projects
Ministry Of Industry & Trade In Vietnam To Lower Rooftop Solar PV Feed-In-Tariff By Up To 38%, To Reduce Pressure On Grid: Media
A very attractive rooftop solar FIT of $0.0838 per kWh as exists in Vietnam now, itself a drop from $0.0935 per kWh, is expected to drop further down to between $0.052 per kWh to $0.058 per kWh, depending on commercial and residential use, according to local media reports.
