Many foreign investors have chosen Vietnam as a destination to invest in solar power project in Vietnam. Together with the explosion of solar power projects, 2019 is considered to be the peak year of the ‘underground waves’ surrounding the race for additional licenses for solar power planning in all levels from central to local. The … Read more
Exxon Mobil wants to invest in Vietnam, specifically invest in Vietnam energy sector. The chain of ports, depots and LNG gas plant in Hai Phong has a scale of 4,000 MW and in Long An has a scale of about 3,000 MW. In a conversation with Vietnam Prime Minister in June 2020, Global President of … Read more
The Board of Directors of Thailand’s Super Energy Corporation Company Limited (Super Energy) in late March 2020 sent a letter to the Thai Securities Commission announcing the decision to spend 456.7 million USD to set up business in Binh Phuoc, specifically into 4 solar power plant projects, including Loc Ninh 1 (200 MW), Loc Ninh … Read more
IL Yang Industrial Company (Korea) is planning to invest in Vietnam, conducting research, study, proceed to set up company building solar power plant in Quang Tri province, Vietnam. On December 22nd, IL Yang Industrial Company (Korea) had a meeting with Quang Tri People’s Committee to discuss their investment in solar power project in Quang Tri province. … Read more
Vietnam is facing pressure on rising energy demand. While public finance and concessional funding are not sufficient, encouraging private sector participation in Vietnam renewable energy sector has gained support. According to the National Electricity Development Plan, approved by the Government, the total installed power capacity of the whole country will increase from 47,000 MW to … Read more