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Energy Finance & Investment News in Vietnam

IPPToday #234: B. Grimm Power agrees to develop largest solar project in Southeast Asia

IPPToday #234: B. Grimm Power agrees to develop largest solar project in Southeast Asia

🕔Jun 19, 2018

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.

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IPPToday #212: MoU signed for 3.2 GW LNG project in Vietnam

IPPToday #212: MoU signed for 3.2 GW LNG project in Vietnam

🕔May 16, 2018

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.

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IPPToday #204: Vietnam approves 2,250 MW gas-fired power projects

IPPToday #204: Vietnam approves 2,250 MW gas-fired power projects

🕔May 3, 2018

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.

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IPPToday #194: 1,200 MW coal-fired power project in Vietnam to receive almost US$2 billion from lenders

IPPToday #194: 1,200 MW coal-fired power project in Vietnam to receive almost US$2 billion from lenders

🕔Apr 17, 2018

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.

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IPPToday #187: EDF appointed leader of 2000 MW gas-fired power project in Vietnam

IPPToday #187: EDF appointed leader of 2000 MW gas-fired power project in Vietnam

🕔Apr 6, 2018

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.

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ADB announces US$235 million for renewable projects in South-East Asia

ADB announces US$235 million for renewable projects in South-East Asia

🕔Feb 27, 2018

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).

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ADB to finance waste-to-energy plants in Vietnam

ADB to finance waste-to-energy plants in Vietnam

🕔Feb 6, 2018

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.

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IPPToday #113: Commercial close reached for US$2.3bn coal-fired power project in Vietnam

IPPToday #113: Commercial close reached for US$2.3bn coal-fired power project in Vietnam

🕔Dec 11, 2017

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.

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100 MW Tan Thuan wind plant in Vietnam gets USTDA grant

100 MW Tan Thuan wind plant in Vietnam gets USTDA grant

🕔Oct 23, 2017

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.

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GE, Mainstream Renewable Power and Phu Cuong Group to develop 800 MW wind project in Vietnam

GE, Mainstream Renewable Power and Phu Cuong Group to develop 800 MW wind project in Vietnam

🕔Jun 1, 2017

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.

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Vietnamese province green-lights 30 MW solar plant

Vietnamese province green-lights 30 MW solar plant

🕔May 22, 2017

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).

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Posco Energy to invest in 1,200MW thermal power plant in Vietnam

Posco Energy to invest in 1,200MW thermal power plant in Vietnam

🕔May 19, 2017

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.

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Korea Western Power signs MOU for US$1.85 B Power Plant in Central Vietnam

Korea Western Power signs MOU for US$1.85 B Power Plant in Central Vietnam

🕔Jan 25, 2017

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.

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Everbright International signs investment agreement on Waste-to-energy project in Vietnam

Everbright International signs investment agreement on Waste-to-energy project in Vietnam

🕔Dec 23, 2016

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. 

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Mainstream signs agreements for three wind farms (940MW) in Vietnam

Mainstream signs agreements for three wind farms (940MW) in Vietnam

🕔Nov 10, 2016

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.

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JinkoSolar plans 40 MW solar park in Vietnam

JinkoSolar plans 40 MW solar park in Vietnam

🕔Nov 7, 2016

Chinese firm JinkoSolar Holding has plans to build 40 MW photovoltaic (PV) project in Vietnam’s Hau Giang province.

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Mainstream and GE Energy Financial Services sign agreement to develop, build and operate wind power plants in Vietnam

Mainstream and GE Energy Financial Services sign agreement to develop, build and operate wind power plants in Vietnam

🕔Sep 29, 2016

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.

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UOB and ORIX invest in largest privately-owned hydropower company in Vietnam

UOB and ORIX invest in largest privately-owned hydropower company in Vietnam

🕔Sep 6, 2016

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.

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The Blue Circle has received an Investment Certificate from the Vietnamese authorities for its 40 MW Dam Nai project

The Blue Circle has received an Investment Certificate from the Vietnamese authorities for its 40 MW Dam Nai project

🕔Aug 1, 2016

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.

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Everbright wins Vietnam's Can Tho Waste-to-energy BOO Project

Everbright wins Vietnam's Can Tho Waste-to-energy BOO Project

🕔Jul 29, 2016

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. 

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