Việt Nam needs to focus on developing the wind power industry and implementing transparent policies on granting investment licences to wind power projects.— Photo vov.vn HÀ NỘI — Việt Nam needs to focus on developing the wind power industry and implementing transparent policies on granting investment licences to wind power projects. Experts said at a seminar on the development of wind power in Việt Nam held in Hà Nội on June 7 by the German and Danish embassies, alongside the GIZ – German international cooperation organisation. The seminar was a chance for Việt Nam to learn from experiences of foreign countries and international experts in the development of wind power. During the seminar, the Global Wind Energy Council (GWEC) said that to abolish some of the major barriers and to bring into play the full potential of Việt Nam’s wind power, the Government must increase its support for the development of … [Read more...] about VN advised to develop wind power
Wind power
Vietnam learns international experience in wind power development
Vietnam aims to generate 800 MW of wind power by 2020 and 6,000 MW by 2030 (Photo: VNA) Hanoi (VNA) – The German and Denmark embassies and the German international cooperation agency co-organised a workshop on wind power development in Vietnam. Vietnam aims to generate 800 MW of wind power by 2020 and 6,000 MW by 2030. However, the development of wind power remains slow. Only seven projects with total capacity of 190 MW have been put into operation. Deputy head of the department for electricity and renewable energy under the Ministry of Industry and Trade Nguyen Van Thanh attributed the slow development to the difficult use of land and capital, restrictions in accessing new technologies, and unattractive wind power prices. The ministry hoped to hear experience from renewable energy groups, companies and experts to develop wind and solar power in different areas, thus giving advice to the Government in mapping out electricity development plans and strategies to ensure energy … [Read more...] about Vietnam learns international experience in wind power development
Up-scaling wind power
Vietnam’s capacity of harnessing wind energy is remarkably promising vis-a-vis other regional countries like Laos, Thailand, and Cambodia due to its 3,000 kilometre-long coastline and tropical monsoon climate. The Vietnamese government, having recognised the potential, has been keen on publishing legislative measures to encourage investment and the development of this particular sector. Vaibhav Saxena, consultant of Vietnam International Law Firm (VILAF) Legal framework Regulations on the wind power sector span across several different laws, for instance the Electricity Law, Land Law, Construction Law, and the Law on Environmental Protection. Generally, wind power projects qualify for investment incentives under the 2014 Law on Investment and more specifically investment credits under Decree No,32/2017/ND-CP dated March 31, 2017. Decision No.37/2011/QD-TTg dated June 29, 2011 issued by the prime minister facilitates wind power projects in Vietnam and introduces the Feed-in … [Read more...] about Up-scaling wind power
Up scaling wind power Potential and challenges in regulation
Vaibhav Saxena, consultant of Vietnam International Law Firm (VILAF) Legal framework Regulations on the wind power sector span across several different laws, for instance the Electricity Law, Land Law, Construction Law, and the Law on Environmental Protection. Generally, wind power projects qualify for investment incentives under the 2014 Law on Investment and more specifically investment credits under Decree No,32/2017/ND-CP dated March 31, 2017. Decision No.37/2011/QD-TTg dated June 29, 2011 issued by the prime minister facilitates wind power projects in Vietnam and introduces the Feed-in Tariff (FiT) for grid-connected wind power projects. Electricity of Vietnam (EVN) or its affiliates act as the sole off-taker of the entire power generated from the said projects (with certain exceptions). The financial mechanisms for tariff subsidies were given clearer guidance in Circular No.96/2012/TT-BTC dated June 8, 2012 issued by the Ministry of Finance. On November 12, 2012, the Ministry … [Read more...] about Up scaling wind power Potential and challenges in regulation
Le Thuy lures in foreign investors to wind power sector
The enthusiasm of UPC Renewable Asia I Limited to develop two wind power plants in Le Thuy district of Quang Binh province, suggests Le Thuy might become the favourite destination of foreign investors in the wind power sector. Le Thuy lures foreign investors in wind power sector According to the latest developments, on March 20, a representative of UPC Renewable Asia I Limited returned to Le Thuy to conduct a survey and measure wind power to develop projects. According to Phan Van Thuong, director of the Department of Industry and Trade of Quang Binh province, the province permitted the investor to install a wind tower to measure wind power. According to the regulations, the investor will be allowed to develop its project after 12 months of installing the wind tower. At present, the investor has also completed the dossier to submit to the Ministry of Industry and Trade and the prime minister for approval. Quang Binh is considered a dry land with little potential for economic … [Read more...] about Le Thuy lures in foreign investors to wind power sector