Power plant in vietnam

Renewable energy, which includes solar power, wind power and small hydropower plants, accounted for 15.8 percent of Vietnam's energy supply last year, compared to coal-fired power at 36.1 percent and hydropower 30.8 percent, according to the Vietnam Energy Association (VEA). … [Read more...] about Vietnam to rely on coal for decades to come

Jakarta (VNA) - The United Nations Development Programme (UNDP) and the Korea International Cooperation Agency (KOICA) launched on September 10 an 18 million USD project to provide solar power systems to rural communities in four provinces across Indonesia. The project, called ACCESS Project, will install 23 communal solar power systems with a total power of 1.2 MW in 23 villages in West Sulawesi, Southeast Sulawesi, East Nusa Tenggara and Central Kalimantan by 2023. According to Sophie Kemkhadze, deputy resident representative of UNDP in Indonesia, the project will contribute to the achievement of the UN’s Sustainable Development Goals (SDGs). ACCESS Project is a beacon of important contribution to SDGs for both Indonesia and Timor Leste, not only because it addresses one particular goal for SDGs, which is access to global energy, or because it contributes to the agenda of environment and climate, but also because it addresses so many different goals, Sophie said. It is in … [Read more...] about UNDP, KOICA launch solar power plant project in Indonesia

There are many reasons behind the stabilization of the exchange rate, said a representative of a HCMC major commercial bank, adding that among them is the fact that the hoarding of U.S. dollars has been subdued as other investment options such as gold and securities have become more attractive and the 2020 inflation rate was predicted to stay at just 3.5-3.8%. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8

It will also restructure the power sector in accordance with the development levels of the electricity market and continue to equitise generating units according to approved plans, while separating the cost of electricity distribution and retail businesses. It will separate the electricity market operator into an independent accounting unit under Viet Nam Electricity (EVN). … [Read more...] about Viet Nam to face power shortages

A series of projects have been launched in accordance with a power master plan to meet the demand. The average growth rate of electricity sources from 2011-15 reached 13 per cent a year. However, from 2016-19 the growth of power source construction decreased significantly with a yearly average of only 8 per cent, of which the biggest decrease was hydropower (5 per cent) and coal thermal power (10 per cent). … [Read more...] about Vietnam to face power shortages