The central province of Ninh Thuan aims to become the renewable-energy centre of the country, with assistance from the central government's preferential policies. VN businesses save money by renting solar power systems Solar power plants exert pressure on power grid New electricity tariffs more renewable: EVN Bui Nhat Quang, vice chairman of the Viet Nam Academy of Social Sciences, said the development of renewable energy such as wind and solar energy has become a necessity in a time of depleting natural resources such as fossil fuels. Quang spoke at a conference on renewable energy held in the province last Friday. Experts noted that the province should be careful about building too many wind and solar power plants as they could overwhelm the transmission capacity of the existing national grid in the province. To solve the problem, the Government should build more 220-500KV transmission lines and stations to serve wind and solar power plants in the province, they said. Dr … [Read more...] about Ninh Thuan builds more solar, wind projects
Utility scale solar pv projects
An increasing number of solar power plants are placing mounting pressure on Vietnam Electricity Group (EVN) by developing power grids and connecting them with plants over a short period, officials said. 88 solar farms set to begin commercial operation in June Solar power: one dong in capital can bring four dong in profit Solar power projects mushroom in Vietnam Technicians install a solar power system on the roof of a solar power plant An EVN report revealed that solar power projects, which have so far added to the Power Development Master Plan VII, have a combined capacity of some 15,000 megawatt peak, thanks to the attractive power sale price. According to an April 2017 decision of the prime minister, State-owned utility EVN is required to purchase all output from solar power projects connected to the national grid at VND2,086, or 9.35 U.S. cents, per kilowatt hour, excluding value-added tax. The period for electricity purchase contracts with EVN is set for 20 years … [Read more...] about Solar power plants exert pressure on power grid
Instead of spending tens of billions of đồng to install solar power systems, several enterprises are renting solar power system to save operating costs, reduce electricity bills and promote clean energy development. A rooftop solar power system at Kizuna 2 Rental Service Factory in Long An Province’s Cần Giuộc District. — Photo nld.com.vn The Saigon Union of Trading Co-operatives (Saigon Co.op) is one of the pioneering units piloting the rental of roof solar power systems for its shopping centres and affiliated supermarkets. Sense City outlets in Bến Tre Province and Cần Thơ City, and Co.opmart Huỳnh Tấn Phát supermarket in HCM City’s District 7, have installed solar panels on their rooftops. Diệp Dũng, Saigon Co.op chairman, told Người Lao Động (The Labourer) newspaper that Saigon Co.op supported the use of renewable energy. “Solar panel suppliers install … [Read more...] about VN businesses save money by renting solar power systems
In 2030, wind and solar power will be more cost-effective than coal. According to the 2019 Vietnam Energy Outlook Report, the cost-effective capacity threshold will increase to more than 100GW by 2050, due to anticipated cost reduction in wind and solar technologies. Jakob Stenby Lundsager, long-term advisor for the Danish Energy Partnership Programme in Vietnam, shared his recommendations for the country towards further sustainable development. To ensure a stable energy supply amid the increasing demand for power and rising shares of solar and wind in Vietnam’s energy market, what do you recommend for the future? Jakob Stenby Lundsager, long-term advisor for the Danish Energy Partnership Programme in Vietnam For decades, Vietnam has been one of the fastest-growing economies in Asia with a GDP growth rate above 6 per cent per annum. The energy sector plays a signiﬁcant role in the continued development of the country, and access to affordable … [Read more...] about Towards lasting energy supply
With 88 solar and wind power plants going to join the national grid by June, Vietnam’s renewable energy industry is taking shape. Under the current policy, the renewable power plants providing electricity to the national grid prior to June 30 will be able to sell electricity at 9.35 cent per kwh for 20 years. As for the projects to join the market after that time, EVN will buy electricity from them at 6.67-7.09 cent per kwh. Power generators are racing against time to put their plants into operation before the historic moment. It is expected that 88 solar power plants will become operational in the time from April to the end of June. By the end of April 2019, Vietnam had only four solar power plants with the total capacity of 150 MW. Meanwhile, by May 26, the figures had risen to 34 and 2,200 MW. The other 54 projects will connect the national grid in the time to come, which means that 10 plants join the grid each week. It is expected that 88 solar power plants will become … [Read more...] about Who is leading in the renewable energy sector?