Nuclear - Renewable

In Hanoi, Deputy General Director of Electricity of Vietnam (EVN) Nguyen Tai Anh just had a working meeting with the Mitsui Company (Japan) led by the Deputy General Director of Block 1 (Asia), Sales Department for infrastructure projects, a Member of Hai Long Project Management Board - Mr. Ryo Zushiden.

The Electricity of Vietnam (EVN) has just issued a Notice to the Electricity Corporations, Electricity Telecommunications and Information Technology Companies about the purchase price of electricity from rooftop solar power systems in 2024.

On the morning of December 20, 2023, in Lao Bao town, Huong Hoa district, Quang Tri province, starting ceremony of the Quang Tri Hai Anh Wind Power project with a capacity of 40 MW invested by Hai Anh Wind Power Joint Stock Company.

At the first meeting of the State Steering Committee for the important national programs and projects, on the afternoon of December 6, 2023, Deputy Prime Minister Tran Hong Ha emphasized that the Important national programs and projects must be diverted. Accordingly, the green divert (without difficulties or problems and on schedule), the yellow divert (with some difficulties and problems, and will be changed to the green divert after being removed) and the red divert including projects that need to be focused on with strong and drastic measures.

International technology group ANDRITZ, a leading company in the field of energy and environmental technologies, has received an order from the Upper Austrian utility Energie AG to supply the electromechanical equipment for the new Ebensee pumped storage power plant.

The Electricity of Vietnam (EVN) has just issued a document to request the Electricity Power Trading Company (EPTC) to calculate and develop a power generation price framework for the wind and solar power projects according to the method of developing a power generation price frame of the Ministry of Industry and Trade (MOIT).

On October 29th, Goldwind, the first wind turbine supplier in China, and the quickest one in the world to achieve a milestone of over 100 GW installed capacity, hosted its Annual Client Day 2023 in Ho Chi Minh City. This event shows our gratitude for the trust that our valuable clients have placed in us and the partnership that has been strengthened over the years.

On October 3, in Hanoi, the Chairman of the Electricity of Vietnam (EVN), Mr. Dang Hoang An received and worked with Ms. Carolyn Turk, WB National Director in Vietnam and WB Mission. The two sides discussed promoting and extending cooperative activities between EVN and WB including renewable energy.

Updating the status of receiving documents, results of negotiations, ratifies of electricity prices, signing the power purchase agreements, acceptance of projects... for transitional renewable energy projects, Vietnam Energy Magazine cited data from the Electricity of Vietnam (EVN) updated on the morning of October 2, 2023, for readers to refer to.

The starting construction ceremony of Phuoc Thai 2 and Phuoc Thai 3 solar power projects has just taken place in Phuoc Thai commune, Ninh Phuoc district, Ninh Thuan province.

According to Vietnam News Agency (VNA), on September 11, the Asian Development Bank (ADB) signed a loan agreement worth 13.8 million USD to finance Vietnam Green Yellow Smart Solutions Company (Green Yellow) to deploy the rooftop solar power system for increasing the clean energy supply at affordable prices for business and manufacturing customers. This is ADB's first grant in its rooftop solar power investment portfolio for the production and business segment in Vietnam.

Offshore wind power - a new generation of green energy – has a history of development over the past 30 years in Denmark, the United Kingdom, Germany, China, and the United States. After the Cop 26 Summit Conference in 2020 (in the UK), the Global Offshore Wind Alliance (GOWA) has been formed. The offshore wind power development is rapidly increasing in the world, currently standing at 57 GW and impossibly reaching 500 GW by 2040 and 1,000 GW by 2050. Vietnam has an economic and technical potential for offshore wind power which is over 600 GW and attracts many investors. To develop sustainably of the offshore wind power industry, it is essential to executive on research and establish a legal framework to promote offshore wind power development (laws, national offshore wind power strategies, and related policy documents, etc).

The Ministry of Industry and Trade (MOIT) has just completed the draft Circular stipulating the method of developing the power price framework to obtain the comments. (Currently, the draft Circular is being publicly posted on the Government Portal and some official websites).

The Ministry of Industry and Trade (MOIT) has just sent a report to the Prime Minister on studying and developing a direct power purchase (DPPA) mechanism between renewable energy generators and large electricity users.

The Deputy Prime Minister (DPM) Tran Hong Ha and Mr. Graham Stuart - Secretary of State in charge of Energy Security and Carbon Neutrality (Net Zero) of the United Kingdom have agreed to promote a number of specific renewable energy projects with the participation of leading enterprises of the two countries, as a basis for exchanging and sharing experiences of the two sides in a substantive and effective way.