Vietnam

Chinese company Growatt revealed today the inauguration of the very first phase of its factory in Vietnam where it will be producing solar as well as storage space inverters, as well as storage batteries.

UK-based and southeast Asia-focused Coro Energy Plc (LON: CORO) has begun unique talks to obtain a leased roof solar portfolio in Vietnam with an overall generating capacity of 3.25 MW.

ThomasLloyd Energy Impact Trust Plc (LON: TLEI) has participated in an investment arrangement with project developer as well as EPC professional Solar Electric Vietnam (SEV) that asks for a preliminary investing of USD 30 million (EUR 30.8 m) on renewable energy assets in Vietnam.

Coro Energy Plc (LON: CORO) revealed on Friday that it has actually completed the commissioning of a 3-MW roof solar pilot project in Vietnam.

Norwegian firm Norsk Solar AS (FRA:62 L) has actually signed a power purchase agreement (PPA) with warehousing and logistics administration firm Lineage Logistics tied to the building and construction of 1.8 MW of rooftop solar capacity in Vietnam.

Vietnam-based Boviet Solar Technology, a leading global solar power technology firm, has signed an extra order for more than 400 Megawatts of solar capacity with Origis Energy, among America's biggest solar as well as energy storage space developers. Along with the initial 700 MW agreement checked in July this year, the partnership currently covers 1.1 GW of solar capacity.

Renewable energy titan EDP Renovaveis SA (ELI: EDPR) has finalised the purchase of 200 MW of solar plants in Vietnam from residential designer Xuan Thien Group.

Italian renewables company Enel Green Power has near to 5,700 MW of projects in the general pipe in Vietnam that are promoted by its new business EGP Vietnam (EGPVN).

Renewable energy titan EDP Renovaveis SA (ELI: EDPR) has actually tattooed an offer to acquire 2 solar plants in Vietnam totalling 200 MW from regional programmer Xuan Thien Group.

Vietnam has actually cut its 2030 power capacity target by 35GW under its recently set draft Power Master Plan VIII (PMP8) but is making more room for renewables as it looks for to reduce its reliance on coal.

Solar designer ib vogt is partnering with the energy platform of Philippine conglomerate Ayala to develop large-scale PV projects in the Asia-Pacific area.

Vietnam's near-term renewables outlook will certainly be weighed down by regulatory and functional unpredictabilities stemming from a lack of clear policy as well as an "underdeveloped grid capacity", according to Fitch Solutions' most current report on the marketplace.

Vietnam's prepared solar capacity is "too expensive" as well as needs to be reduced, according to local media reports that referral a federal government communication.

Chinese solar item manufacturer JA Solar Technology Co Ltd (SHE:002459) last week revealed an ambitious plan to add about 14 GW to its existing integrated production capacity with projects at home and in Vietnam.

Inverter maker SolarEdge is boosting shipments to the United States from a brand-new production plant in Mexico as it aims to minimize freight expenses and reduce the impact of tariffs on imports.