New $102m fund to boost industrial energy efficiency in Vietnam

Industrial companies will be able to use the fund to buy energy efficient products to reduce their power use

Vietnam to measure solar power resources

Five new solar measurement stations are to be installed across Vietnam in a bid to strengthen the nation’s renewable energy potential. The stations will collect solar radiation data and help improve the accuracy of estimates on solar resources, which will be published online. The information is expected to encourage and assist developers interested in building […]

Vietnam lent $102m for energy efficiency

Vietnam has been granted a loan worth $102 million (£80m) to boost the adoption of energy efficient technologies. Under the project, industrial firms can access a new line of credit to fund their purchase of energy saving and production optimisation technologies, helping reduce energy use and production costs. Funding will be provided to participating financial […]

World Bank lends Vietnam $90m to tackle climate change

Vietnam has been granted $90 million (£68m) by the World Bank to cope with climate change. It is the first in a series of three loans that will support the nation’s climate change and green growth policy actions. That includes policies in transportation and industrial production that will improve air quality as well as energy […]

Dutch sign deal for Vietnamese wastewater project

The Dutch Government has signed a deal for the construction of a sewage treatment plant in Vietnam. The facility is expected to purify the wastewater of 174,000 people in Phu My, the port for Ho Chi Minh City. The two nations also signed new co-operation agreements on making cities climate resilient and training water professionals. The Netherlands is […]

Vietnam to phase out coal

Vietnam has unveiled its power plans for 2030 which include stopping the construction of coal-fired power plants. The country’s Prime Minister Nguyen Tan Dung said they will invest in gas and renewables to ensure the nation’s power supply and achieve its commitments at  COP21. The announcement contradicts the nation’s plan last year to add “substantial” coal-fired capacity to the […]

Climate innovation hub launched in Vietnam

A new climate innovation hub has been launched in Vietnam. The Vietnam Climate Innovation Centre (VCIC) aims to help cleantech companies expand access to new and improved climate-smart products and services to more than 1,700 households. The hub was launched by the Government of Vietnam alongside the Australian and the UK Governments which will provide […]

Vietnam ‘needs better energy mix to meet demand’

Vietnam needs to boost energy efficiency and tap into various sources of power to ensure it meets the increase in demand. The World Bank suggests the country must expand the use of renewable energy but use coal and natural gas too as well as increase power trading in Asia to help meet an expected 7% […]

Vestas wins 24MW wind order in Vietnam

Vestas has been awarded a contract to supply turbines for a wind project in Vietnam. The Phu Lac wind park is expected to have a capacity of 24MW. The company will deliver 12 turbines with a capacity of 2MW each. Chris Beaufait, President of Vestas Asia Pacific and China said: “Wind power is an independent, […]

Vietnam’s energy mix to ‘significantly transform’

The power generation mix in Vietnam is expected to “significantly transform” in the next two decades. That will follow the modernisation of the nation’s agrarian economy to become a more industrialised nation, according to a new report. The country plans to add “substantial” coal-fired capacity and build the first nuclear reactors in southeast Asia as […]