Category: Vietnam

Thailand behind Vietnam in transition from fossil fuels to clean energy Thailand is lagging Vietnam in the race to transition from fossil fuels to clean energy in the post-Covid-19 world, where climate change is taking center stage as the next looming global crisis, and countries and companies race to become carbon-neutral. And Thailand’s highly profitable […]

Thailand’s Bangkok Container Glass completes Vietnam solar plant acquisition Bangkok Container Glass (BCG) has completed the $41 million acquisition of a solar plant company. The Thai glass manufacturer completed the acquisition of 100% shares in Solar Power Management (Thailand), a company holding a 67% shareholding interest in Phu Khanh Solar Power Joint Stock Company. This […]

EPC Contract Signed For 1200MW Quang Trach 1 Thermal Power Plant in Vietnam’s central province of Quang Binh EPC Contract Signed For 1200MW Quang Trach 1 Thermal Power Plant. EPC contract worth nearly $1.29 bil Quang Trach 1 thermal power plant in the central province of Quang Binh. EPC consortium comprising Japan’s Mitsubishi Corp, Hyundai […]

Investors pump billions into Vietnam’s offshore wind power plants Foreign and local investors have poured billions of dollars into developing offshore wind farms. Thang Long Wind, a $11.9-billion, 3.4 GW offshore plant, is being built in the central province of Binh Thuan. Installation of floats will be completed in July to gather oceanographic data related […]

Nexif forges partnership with Ratch Group for Vietnam’s 80MW Nexif Energy Ben Tre wind project Ratch Group has joined the Ben Tre near-shore project which began construction last month Australian power company Nexif Energy has formed an equal partnership with Ratch Group for the construction and operation of the 80MW Nexif Energy Ben Tre wind […]

GE Renewable Energy wins 88 MW onshore wind farm in Ninh Thuận Province, South Central Vietnam Contract signed with BIM Wind JSC, a joint venture company between Philippines AC Energy and Vietnam BIM Energy Holding for an 88 MW wind farm * Selection of the GE Cypress turbine, GE’s largest onshore wind turbine * Wind […]

Vietnam’s wind power sector attractive to investors, construction firms With an increasing demand for electricity in Việt Nam, the wind power construction sector has flourished, with local and foreign firms getting in on the action. A top executive at Coteccons, one of the biggest realty firms in Việt Nam, told media the firm may invest […]

SP Group inks MOU with BCG Energy to invest in renewables in Vietnam SP Group (SP) and BCG Energy Joint Stock Company (BCG Energy), a wholly owned subsidiary of Bamboo Capital JSC, signed a Memorandum of Understanding (MoU) to invest in renewable energy projects in Vietnam. The MOU also provides an exclusive right for SP […]

As Banks Shun Coal, Vietnam Emerges an Unlikely Solar Champion Even countries with weak climate goals are getting swept up in the global clean energy transition. Nguyen Tuan was watching the sun shine down on his four-hectare cantaloupe farm in southern Vietnam when he realized it could do more than help his crops grow. The […]

Foreign investors increase acquisitions of renewable energy projects in Vietnam Foreign investors from China, Thailand, and Singapore are increasingly acquiring renewable energy projects located at strategic positions from domestic enterprises. Chinese investors are increasing their ownership in numerous renewable energy projects in Central Vietnam, the Central Highlands region, and Southwest Vietnam. Notably, in Dak Nong […]