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With the preferential pricing mechanism, solar power has seen a boom in Vietnam in recent years. In 2019 alone, the total capacity of grid-connected solar power put into operation was 5GW. Most of the solar power projects were in Ninh Thuan and Binh Thuan provinces (more than 2GW). … [Read more...] about Wind, solar power sees new boom

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

Hanoi (VNA) - The National Load Dispatch Center (A0) has asked Vietnam Electricity (EVN) to equip it with better infrastructure for the operation of a future wholesale and retail electricity market with more renewable energy resources. According to a representative of the centre, wind and solar power plants have been put into operation on a large scale but data on their scale and generating capacity is not yet accurate. The representative added that rooftop solar power, with a capacity of up to 9,583 MWp, was affecting the load chart, making it tough to plan the power system operation as well as the market, especially due to the limitations of the transmission grid, particularly the 500kV / 220kV grid in the north. The centre also said the operation processes of the hydroelectric plants with a capacity of more than 30 MW had shortcomings to fit with electricity market regulations. As the future infrastructure will convert the transaction cycle from 60 minutes to 30 minutes, while … [Read more...] about Electricity dispatch centre asks for better infrastructure

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

TMF will continue to work together with strategic partners including Kuala Lumpur City Hall (DBKL), the Malaysia Digital Economy Corporation (MDEC) and its data partners -- Prasarana, MapIT, and Grab -- to support the finalists until the selection of a final winner in April-May 2021. This support includes the financial grant by TMF and incubation and mentorship provided by experts and judges supporting this CATCH program. … [Read more...] about Toyota Mobility Foundation Announces Six Finalists for the City Architecture for Tomorrow Challenge