News

Measures proposed to remove obstacles to renewable energy projects

The Ministry of Industry and Trade has asked the prime minister for approval of several measures to lift impediments to existing renewable energy projects, and work out a mechanism for facilitation of such projects in the years to come.In recent years, renewable energy projects have ...

T.S.

Facts about renewable energy

At present, renewable energy plays an important role in meeting people’s increasing demand for energy. Renewable energy resources are abundant and available in the nature and exist in many forms. Of which, solar power, which is nearly inexhaustible and is being exploited in many parts ...

New solar power prices not incentive enough: Finance Ministry

The new solar power rates proposed by the Ministry of Industry and Trade (MoIT), much lower than the current average electricity retail price of VND1,864 (8 cents) a kWh, would erase all incentive to develop solar power over other sources, the Finance Ministry has said.Under ...

Anh Minh

ADB, DHD deal to provide first large-scale floating solar PV in Vietnam

On 2/10, The Asian Development Bank (ADB) signed a $37 million loan agreement with Da Nhim – Ham Thuan – Da Mi Hydro Power Joint Stock Company (DHD) to finance the installation of a 47.5 megawatt (MW) peak floating photovoltaic (PV) solar power facility on ...

Commercial banks provide loans for green energy projects

Commercial banks are offering more low-interest loans with long repayment terms for household solar-energy projects. Under Viet Nam’s renewable energy development strategy, approved in 2015, the country aims to increase the ratio of electricity from renewable sources from 35 per cent of total output in 2015 ...

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