The list of renewable energy projects registered by foreign investors in Vietnam has been lengthened by projects from Thai and Spanish investors. Siemens Gamesa to develop 39MW wind farm in Ninh Thuan Siemens Gamesa Renewable Energy (SGRE) from Spain continues to reinforce its presence in Vietnam via developing the second phase of its existing 39 megawatt Dam Nai wind farm, located in the south central province of Ninh Thuan. However, the investment capital of the second phase has yet to be published. According to the plan, the company will furnish the remaining 12 turbines for commissioning by October this year. Siemens Gamesa will also handle the management and maintenance of the facility for the next ten years. "We are committed to Vietnam as a market and we want to be our customers' preferred partner in developing wind power projects," highlighted Álvaro Bilbao, CEO of Siemens Gamesa in the Asia-Pacific. Previously, in April 2017, SGRE, in collaboration with TSV JSC and the … [Read more...] about Thai and Spanish investors to enliven renewable energy sector
Energy
Vietnam, Laos talk ways to enhance cooperation in energy, mining
The two ministers agreed that Vietnam and Laos must improve legal and institutional frameworks to further promote and strengthen partnership between the two ministries and governments. Vietnam will need to import electricity, Minister Anh said, suggesting in a long run, Vietnam and Laos should take into account connecting their national power grids. Plus, electricity interconnection should be set up across ASEAN nations in the future. At the talk The two sides also agreed in principle the main contents of the amended agreement on energy and mining between the two countries which will replace that signed in 2006. It is expected to pave the way for a long-term partnership between the two nations in the fields. The agreement includes a list of Lao power projects to supply electricity for Vietnam and a plan to transmit electricity from Laos to Vietnam as well as a mechanism for the two sides to negotiate electricity prices. Besides, the two ministers consented to provide … [Read more...] about Vietnam, Laos talk ways to enhance cooperation in energy, mining
PM greets Lao Minister of Energy and Mines
The Government leader made the remarks during his reception for the Lao Minister of Energy and Mines, Khammany Inthirath, in Ha Noi on April 4. He applauded the guest’s working visit to Viet Nam right after the 40th meeting of the Viet Nam-Laos Intergovernmental Committee in order to immediately implement the meeting’s results in the field of energy. On the occasion of the Lao traditional Bunpimay Festival, the PM extended his best wishes to Inthirath and the Lao working delegation, while thanking the Lao Government for supporting Vietnamese businesses in their hydropower and mineral projects in the country over the past years. At the meeting, both sides discussed a number of contents concerning the implementation of cooperation projects between Viet Nam and Laos in the areas of energy and mines. Minister Inthirath informed his host of the outcomes of his working sessions with the Electricity of Viet Nam (EVN) and the … [Read more...] about PM greets Lao Minister of Energy and Mines
Vietnam hopes for stronger ties with Switzerland in green energy
Overview of the talks between Minister of Industry and Trade Tran Tuan Anh and Doris Leuthard, a member of Switzerland’s Federal Council and head of the Federation Department of Environment, Transport, Energy and Communication in Hanoi on April 3 (Photo: VNA) Hanoi (VNA) – Minister of Industry and Trade Tran Tuan Anh has proposed that the Swiss Government continue paying attention to cooperation with Vietnam in energy development, renewable and green energy as well as climate change response. He hosted Doris Leuthard, a member of Switzerland’s Federal Council and head of the Federation Department of Environment, Transport, Energy and Communication in Hanoi on April 3. Minister Anh showed his belief that the Swiss official’s visit will bring about new breakthroughs in the partnership between the two countries. He said that currently, Vietnam is opening its door and integrating into the world and that it will sign a free trade agreement with the … [Read more...] about Vietnam hopes for stronger ties with Switzerland in green energy
Vietnam, World Bank launch energy efficiency project
(VEN) - The World Bank and Vietnam’s Ministry of Industry and Trade jointly launched the Vietnam Energy Efficiency for Industrial Enterprises (VEEIE) project on March 5 to support energy-efficient technologies and practices. Consumption intensity According to the Department of Energy Efficiency and Sustainable Development under the Ministry of Industry and Trade, the national target program on energy efficiency and utilization in the 2011-2015 period cut energy consumption by 5.96 percent, equal to savings of over 11.8 million tonnes of oil. The energy consumption intensity of production industries that used to consume significant energy also dropped in the 2011-2015 period, such as steel (down 8.09 percent), cement (down 6.33 percent) and yarn (down 7.32 percent). In addition, the Ministry of Industry and Trade has certified more than 10,000 products for the energy efficiency label. Deputy Minister of Industry and Trade Hoang Quoc Vuong highlighted the efforts of the Vietnamese … [Read more...] about Vietnam, World Bank launch energy efficiency project