Deputy Prime Minister Bùi Thanh Sơn at a conference on Thursday asked strict penalties to be raised against developers of stagnant power projects to prevent setbacks from threating the national energy security.
To meet the electricity demand with a growth rate of about ten per cent each year, the annual investment volume in power sources and grids must reach US$7.6 billion.
Fourteen wind power projects have been approved for investment in the southernmost province of Cà Mau so far this year. They will have a combined capacity of 800 MW and are part of the province''s renewable energy plans that envisage having...
The La Gàn Wind Power Development Corporation has signed two contracts to carry out surveys for possible wind power projects in Viet Nam worth several million US dollars.
Viet Nam needs US$150 billion to invest in power projects in the next 10 years, equal to half the country’s current gross domestic product (GDP), which raises demand for international financing.
The Viet Nam joint-stock commercial bank, VPBank, and roof-top solar power solution supplier, SolarGATES company, have agreed a loan agreement to guarantee financial support for household rooftop solar power projects.
Many businesses and investors are waiting for the Government’s decision on FiT rate for solar power projects nationwide, to set up long-term investments in solar power projects.