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.
Energy Finance & Investment News in 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.
The International Finance Corporation (IFC) is supporting Vietnam’s renewable energy sector by investing in Gia Lai Electricity Joint Stock Company (GEC), a developer/operator of run-of-river small hydro power plants based in Pleiku Vietnam.
DNV GL Americas has signed a contract with with Phu Cuong Group (PCG), to deliver a feasibility study for the development of the 170 MW Phu Cuong 1 wind farm.
Mitsubishi Corporation (MC), together with Doosan Heavy Industries & Construction, Power Engineering Consulting Joint Stock Company 2 and Pacific Corporation, has concluded a contract with state-owned Vietnam Electricity (EVN) to build a 600 MW coal-fired thermal power plant in Vinh Tan, located in Vietnam’s Binh Thuan province.
Nexif Energy, a Southeast Asian independent power producer, announced today that it has taken controlling interest in the 30 megawatt (MW) Coc San hydro power project in Vietnam through the acquisition of a majority ownership of Viet Hydro Pte Ltd.
Canadian Solar has entered into agreements with International Finance Corporation ("IFC"), to receive a financing package of up to US$70 million in loans and equity investment
Saudi Arabia’s ACWA Power and Korea-based Taekwang Power Holdings have signed an Investment Agreement for the development of Nam Dinh 1 thermal power plant project in Vietnam.