B. Grimm Power has signed a Development Cooperation Agreement with Vietnamese conglomerate Xuan Cau to install a 420 MW solar power plant in Tay Ninh, in the south-west of Vietnam. The company claims that it is the largest solar project to ever be developed in Southeast Asia.
Energy Finance & Investment News in Vietnam
Energy Capital Vietnam (ECV) has announced that it has signed a Memorandum of Understanding (MOU) with The People's Committee of Bac Lieu Province to develop an integrated Liquefied Natural Gas (LNG) to power project in the province, which is located in the Mekong Delta region of the country.
The Prime Minister of Vietnam has approved the development of two gas-fired power plants in Dong Nai, a province of in the south of the country, which will have a combined capacity of 1,500 MW and cost VND33.3 trillion (US$1.45 billion) to build.
IPPToday #194: 1,200 MW coal-fired power project in Vietnam to receive almost US$2 billion from lenders
Korea Electric Power and Marubeni Corporation have secured approximately US$1.87 billion from a consortium of lenders to finance the Nghi Son 2 coal-fired power generation project in Vietnam. This follows the commercial close of the project, which was achieved in December.
The Government of Vietnam has appointed the EDF Group as leader of the international consortium in charge the Son My 1 project, located in the Quang Ngai province of Vietnam. The project involves the construction of a 2000 MW gas-fired power plant, which uses combined cycle gas turbine technology.
The Asian Development Bank (ADB) has signed a loan equivalent of up with US$235 million to B.Grimm Power Public Company Limited, one of the largest power producers in Thailand, to develop and enhance renewable energy capacity in member countries of the Association of Southeast Asian Nations (ASEAN).
The Asian Development Bank (ADB) has signed a US$100 million loan facility agreement with China Everbright International Limited (CEIL) to fund the development of a series of municipal waste-to-energy (WTE) plants in the Mekong Delta, in south-west Vietnam.
The Vietnam Ministry of Industry and Trade (MOIT) has signed a contract with Marubeni Corporation and Korea Electric Power Company to develop the 1200MW Nghi Son 2 coal-fired power project in Thanh Hoa Province, in the north of Vietnam.
The U.S. Trade and Development Agency awarded a grant to Power Engineering Consulting Joint Stock Company 2 (PECC2), a Vietnamese power engineering company, to support development of a 100 MW wind farm in southern Vietnam.
GE Renewable Energy, Mainstream Renewable Power and local Vietnamese partner the Phu Cuong Group has participated in a ceremony to formalize a US$2 billion Joint Development Agreement to develop, build and operate the 800 MW Phu Cuong Wind Farm in the Soc Trang province of Vietnam.
Vietnam's north-central province of Thanh Hoa is set to build a new 30 MW solar energy plant financed entirely by domestic sources with total investment of VND800 billion (US$35 million).
POSCO Energy Co. has signed a memorandum of understanding (MOU) agreement on with Nghe An provincial government to develop the Quynh Lap II thermal power plant project in Vietnam.
South Korea’s Korea Western Power Co. (KOWEPO) has signed a Memorandum of Understanding (MOU) with the People's Committee in Vietnam's Quang Tri Province on the second-phase development of a 1,200-MW coal-fired power plant in the province.
China Everbright International Limited has announced that, since the Group successfully won the bid for Can Tho Waste-to-energy Project in Vietnam in July, the Group has been actively communicating and negotiating with the municipal government of Can Tho, and has signed an investment agreement with the Can Tho Construction Department for the Project and obtained a project investment license issued by the municipal government.
Mainstream Renewable Power will develop, build and operate, together with local and international developers, three wind projects in Vietnam with a combined capacity of approximately 940 MW.
Chinese firm JinkoSolar Holding has plans to build 40 MW photovoltaic (PV) project in Vietnam’s Hau Giang province.
Mainstream and GE Energy Financial Services sign agreement to develop, build and operate wind power plants in Vietnam
Mainstream Renewable Power and GE Energy Financial Services, a GE Capital business unit, have signed a term sheet to develop, build and operate large scale wind power plants in Vietnam.
UOB Venture Management (UOBVM), a wholly-owned subsidiary of United Overseas Bank Limited, and ORIX Corporation (ORIX) has announced that they will each invest US$25 million in one of Vietnam’s largest privately-owned hydropower companies, Bitexco Power Corporation.
The Blue Circle has received an Investment Certificate from the Vietnamese authorities for its 40 MW Dam Nai project
Southeast Asia wind energy developer The Blue Circle has received an Investment Certificate from the Vietnamese authorities for its 40 Megawatt (MW) Dam Nai wind project, in Ninh Thuan province, South Vietnam.
China Everbright International Limited has won the bid to build Vietnam's first waste-to-energy project which will implement technologies for the harmless treatment, reduction and reuse of household waste.