Hanoi (VNA) - The Solar Storage System (ESS) offers a low-cost and low-emissions solution for peak-hour power supply, helping Vietnam pursue low emissions development and ensuring economic growth, according to an expert at a workshop held in Hanoi on January 27. Mark Leslie, Managing Director of the Green Investment Group at Macquarie Capital, said the solution helps integrate solar power into the grid. Energy storage is the capture of energy produced at one time for use at a later time, to reduce imbalances between demand and generation. According to a representative from the Blueleaf Energy company - an organiser of the workshop - the solar energy storage system allows the use of low-cost solar power at noon to charge and then discharge during peak hours to meet peak loads. Solar power sources are intermittent and fluctuate during the day, thus causing several issues for grid operation. The combination between the source and the energy storage system can lead to more stable … [Read more...] about Solar energy storage system offers low-cost solution for Vietnam
Renewable energy sites
Wind, solar power sees new boom
Regarding rooftop solar power, the total potential is 48GW, including 22GW in the south. According to MOIT, the investment rate of rooftop power is lower (12 percent) than solar power built on the ground because there is no cost for land use and grid connection, but the maintenance cost is 1.6 percent higher than large-scale solar power. The number of hours for electricity generation at maximum capacity is 10 percent lower. … [Read more...] about Wind, solar power sees new boom
The “next normal” in business is sustainability
Recently, Schneider Electric has organised the Innovation Summit 2020 which introduces the New Electricity 4.0. What is this about? Today we are on the brink of Electricity 4.0. A convergence of digital and electric, with its scale, scope, and complexity driving a transformation unlike any in history. Digitised power distribution systems are essential to developing resilient, sustainable, and productive buildings and infrastructure of the future. This digital transformation requires us to adopt an outcome-oriented mindset throughout the project lifecycle to meet owner and end-user expectations, minimise risk, and reduce reworks and costs. … [Read more...] about The “next normal” in business is sustainability
Electricity dispatch centre asks for better infrastructure
Hanoi (VNA) - The National Load Dispatch Center (A0) has asked Vietnam Electricity (EVN) to equip it with better infrastructure for the operation of a future wholesale and retail electricity market with more renewable energy resources. According to a representative of the centre, wind and solar power plants have been put into operation on a large scale but data on their scale and generating capacity is not yet accurate. The representative added that rooftop solar power, with a capacity of up to 9,583 MWp, was affecting the load chart, making it tough to plan the power system operation as well as the market, especially due to the limitations of the transmission grid, particularly the 500kV / 220kV grid in the north. The centre also said the operation processes of the hydroelectric plants with a capacity of more than 30 MW had shortcomings to fit with electricity market regulations. As the future infrastructure will convert the transaction cycle from 60 minutes to 30 minutes, while … [Read more...] about Electricity dispatch centre asks for better infrastructure
With the presence of AEON, The New City becomes a real estate hub in Binh Duong
Gaining the advantage of a large land of 7,948 square metres at the prime location of Binh Duong New City, Thu Dau Mot, SORA gardens II is the quintessence of the most comfortable and modern lifestyle in Binh Duong. Located in TOKYU garden City, which attracts a large number of foreign experts, surrounded by large industrial zones, SORA gardens II enjoys full educational facilities, including international schools, making it attractive to residents. … [Read more...] about With the presence of AEON, The New City becomes a real estate hub in Binh Duong