Renewable energy

The 2018 Vietnam Renewable Energy Summit opened in the central coastal city of Nha Trang yesterday. The three-day event, a match-making platform for key stakeholders in the renewable energy sector, has brought together some 30 local investors, including TTC Energy, KN Group, Phú Cường, Ocean Group and Hado Group and international developers and investors like Tata Power, Mainstream and Blue Circle. Also taking part are subsidiaries of the State-owned Electricity of Vietnam like the National Load Dispatch Centre, Power Engineering Consulting Joint Stock Company No 3, and Thuận Bình Wind Power Joint Stock Company. There are several conferences, workshops, exhibitions and match-making forums, and industry players will share their knowledge and widen business contacts. VRES 2018 has topical sessions to discuss market intelligence and connect key investors with approved renewable projects that are looking for investment. Promotion of renewable energy The … [Read more...] about National renewable energy summit opens in Nha Trang

  Shrimp farmers are looking for a model integrating solar panels with motors used to aerate their ponds. — VNS Photo Ngọc Diệp by Ngọc Diệp MEKONG DELTA — Cost and technology are the top concerns for shrimp farmers when investing in renewable energy, Trần Văn Đấu, a farmer in Cà Mau Province, said. Đấu, 59, deputy head of the Hưng Mỹ Co-operative in the province’s Cái Nước District, was one of many shrimp farmers and executives of seafood processing companies in the Cửu Long (Mekong) Delta who attended a recent conference in Bạc Liêu Province on the use of renewable energy in the shrimp industry. He said that the increase in electricity prices and sudden power cuts were affecting shrimp farming. "Electricity costs farmers VNĐ50-200 million (US$2,150-8,600) per hectare of pond per crop, or 10 per … [Read more...] about Mekong Delta shrimp farmers take baby steps towards renewable energy

  Nguyễn Mạnh Cường, an official from the Institute of Energy’s Department of Electrical System Development under the Ministry of Industry and Trade. Nguyễn Mạnh Cường, an official from the Institute of Energy’s Department of Electrical System Development under the Ministry of Industry and Trade, spoke with Vietnam News Agency about the implementation of the national power development master plan in 2021-2030 (or Power Development Master Plan 8). Prime Minister Nguyễn Xuân Phúc has assigned the Ministry of Industry and Trade to formulate the master plan for energy and power development in the 2021-2030 period. Could you tell us about the implementation of the draft scheme on the master plan? The Government has approved the scheme for power development master plan 8, which was submitted by the ministry. The ministry is still awaiting the official decision signed by the Government. The deadline for … [Read more...] about Power Development Master Plan 8 focuses on renewable energy

  Visitors at the Vietnam Solar Power Expo 2019 held on September 25-26. - Photo Vietnam Solar Power Expo HÀ NỘI — Renewable power facilities should be built in localities where strong consumption exists and electricity transmission is direct to avoid power loss, business leaders said on Wednesday. Rising demand for renewable energy in Việt Nam has sometimes overloaded the national power grid as power is connected to the grid but not distributed immediately to consumers. Phan Ngọc Ánh, Director of Alena Energy Co Ltd, said Việt Nam has its own 500kV grid but the expansion of the grid network cannot meet the development of renewable energy. Renewable energy facilities are often built in areas where no industrial zones exist, which is a big source of output consumption, he said. “Renewable energy sources, especially solar power, should focus on industrial hubs so power is consumed constantly,” he told Việt Nam News … [Read more...] about Renewable sources must be close to consumers

An employee monitors pipeline of Karaha Unit I geothermal power plant owned by PT Pertamina Geothermal Energy in West Java (Photo: Antara) Jakarta (VNA) – The World Bank (WB) has approved a 150 million USD loan for Indonesia to scale up investments in geothermal energy by reducing the risks of early-stage exploration.  climate-friendly development. Geothermal energy is expected to play a significant role in reducing Indonesia’s greenhouse gas emissions. As a clean and renewable energy source that provides power continuously, geothermal can reduce the country’s dependence on coal-fired power and other fossil fuels. If geothermal resources can be accessed easily, costs are competitive with coal and natural gas. Indonesian Minister of Finance Sri Mulyani said the country’s geothermal sector has vast potential and its current installed geothermal power capacity is already the second largest in the world. Geothermal is environmentally sustainable and … [Read more...] about World Bank supports Indonesia’s geothermal energy development