Indian renewable energy development agency

This is a major problem facing EVN in the southern region. Lam Xuan Tuan, deputy director of the Southern Power Corporation, said that the company is still negotiating with households to acquire land for seven out of 66 towers needed to build the 110 kv Thap Cham – Ninh Phuoc line in the southern province of Ninh Thuan, which was scheduled to begin operations this month. … [Read more...] about Vietnam faces transmission conundrum for renewable energy

HCM City (VNS/VNA) - National electricity demand is expected to increase by 8.5 percent a year until 2025 and 7 percent until 2030, making Vietnam an attractive market for foreign energy investors. The economy is expected to grow at 6.5-7.5 percent annually until 2030, and would require 90,000MW of power by 2025 and 130,000MW by 2030. At the 2020 Vietnam Energy Summit in July in Hanoi a number of deals for investment in energy projects were signed, including the memorandum of understanding by the Copenhagen Infrastructure Partners, Asiapetro and Novasia Energy with the Binh Thuan Provincial People’s Committee to develop the 3.5GW La Gan offshore wind power project at a cost of 10 billion USD. Many investors said Resolution No 55-NQ/TW for strategic orientations for national energy development through 2030 has created a favourable environment to invest in the country’s power sector. The resolution prioritises renewable and clean energy, offering foreign … [Read more...] about Vietnam’s energy sector a magnet for foreign investors

Hau Giang (VNA) - Authorities in the Mekong Delta province of Hau Giang held a working session via Skype on September 10 with the THD Vietnam Project Development JSC and Dutch businesses regarding a local circular economy project covering high-tech organic farming and processing and renewable energy. The project consists of the AGINE complex for cow farming, rice and rice husk processing, and renewable energy, in Chau Thanh A district’s Nhon Nghia A commune, and the GREENDEVI complex with milch cow farming, feed processing and renewable energy facilities, in Phung Hiep district’s Tan Phuoc Hung commune. Costing about 210 million USD, the AGINE complex spans 30 ha, while GREENDEVI will cost 420 million USD and covers an area of 63.5 ha.  Highlighting the suitability of the circular economy model with the province’s conditions, Truong Canh Tuyen, Vice Chairman of the provincial People’s Committee, said authorities will soon issue a policy on helping THD … [Read more...] about Hau Giang facilitates development of circular economy

Hoang Tien Dung, director of the Electricity and Renewable Energy Authority, said: “Existing regulations allow the [sale] of projects to eligible foreign investors. Transferring projects and changing shareholders need approval from the Ministry of Planning and Investment or the Department of Planning and Investment depending on scale." … [Read more...] about VN energy sector a magnet for foreign investors

At the 2020 Vietnam Energy Summit in July in Hanoi a number of deals for investment in energy projects were signed, including the memorandum of understanding by the Copenhagen Infrastructure Partners, Asiapetro and Novasia Energy with the Binh Thuan Province People’s Committee to develop the 3.5GW La Gan offshore wind power project at a cost of US$10 billion. … [Read more...] about Vietnam’s energy sector a magnet for foreign investors