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Trina Solar Invests $400M in Vietnam Plant
maker Trina Solar is planning to invest $400 million in its third factory in Vietnam. Production is set to begin in 2025, with the potential of a $600 million
Sep 27, 2023 // Manufacturing News, Asia, Trina Solar, Vietnam
Trina Solar Invests $420M in Vietnam PV
into expanding its production capacity in the Thai Nguyen province of northern Vietnam. The company currently operates two factories in Thai Nguyen with a combined
Nov 7, 2023 // Markets & Finance News, Asia, Trina Solar, Vietnam
Vietnam Shines Bright: 14 GW Solar Panel Deal
solar firms are increasingly favoring Vietnam as a manufacturing hub, with a recent MoU signed for a 14 GW solar panel project in Nghe An province. Hainan
Apr 8, 2024 // Manufacturing News, Jinko Solar, Asia, solar panel, Vietnam
Trina Solar Expands: 15.5GW Vietnam Solar Complex
Chinese solar major, has commissioned a 15.5 GW solar manufacturing complex in Vietnam. It includes a 6.5 GW wafer capacity, 4 GW cell manufacturing capacity and 5
Aug 28, 2023 // Manufacturing News, Asia, Trina Solar, Vietnam
SK Group partners with BCGE to boost Vietnam renewables
Eco Plant, a part of South Korea's SK Group, has partnered with Vietnam-based Bamboo Capital Group Energy (BCGE) to develop a 700 MW portfolio of renewable energy
Mar 25, 2024 // Plants, Large-Scale, Commercial, Rooftop PV, Asia, Vietnam, SK Group, BCGE
Coro Energy Acquires 2.39MW Rooftop Solar in Vietnam
has signed a USD-1.3-million agreement to acquire a rooftop solar portfolio in Vietnam with a total generating capacity of 2.39 MW. The portfolio is composed of
Jun 16, 2023 // Plants, Commercial, Markets & Finance News, Rooftop PV, Asia, Vietnam, Coro Energy
GoodWe's Vietnam Plant Boosts Global Expansion Strategy
Co Ltd has opened its first overseas manufacturing facility in Haiphong, Vietnam. The 14,800 sq m plant will produce grid-tied and hybrid inverters for markets
Mar 14, 2024 // Manufacturing News, Inverters, Asia, Vietnam, GoodWe
Gunkul Engineering buys 50-MWp solar project in Vietnam
on Monday it has paid USD 39.9 million (EUR 33.3 m) to become the owner of Vietnam-based Doan Son Thuy Investment JSC (DST), which is behind the Phong Dien II
Dec 1, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, Vietnam, Solar Project, Gunkul Engineering, Sopacha Dhumrongpiyawut
Solarvest Acquires 12.8MW in Vietnam
has acquired 11 rooftop solar photovoltaic installation projects located in Vietnam, with a combined capacity of 12.8MWp. The company has collaborated with a
Sep 25, 2023 // Plants, Large-Scale, Commercial, Rooftop PV, Asia, Vietnam, PV Power Plant, Solarvest
ADB leads $186 million financing for the biggest solar plant in Vietnam
Hoi neighborhood. It is the biggest solitary operating solar energy plant in Vietnam, along with one of the biggest in Southeast Asia. When finished, it will
Oct 23, 2020 // Markets & Finance News, ADB, Asia, Vietnam, PV Power Plant
WFW aids Vietnam floating solar project funding
gets on the manufactured tank that houses Da Mi hydro nuclear power plant, in Vietnam's Binh Thuan district. It is the very first large setup of floating solar PV
Apr 30, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, Hong Kong, floating PV, Asia, Vietnam, Watson Farley & Williams
Coro Energizes Vietnam: 50-MW Solar Project Launches
Energy Plc has confirmed the first phase of a 50-MW rooftop solar project in Vietnam, signing a 14-year power purchase agreement with Mobile World Group for the
Mar 12, 2024 // Rooftop PV, Asia, Vietnam, Coro Energy Plc
Sungrow Inks Pact with XBSolar to Boost Inverter Supply in Vietnam
commercial and also business (C&I) and also domestic inverter options to Vietnam within a year.
Additionally, the inverter maker will certainly offer a large
Apr 9, 2020 // Markets & Finance News, Inverters, Sungrow, China, Asia, Renewable Energy, solar inverter, bi-facial modules, DUONG Anh Dong, International, Thang Vu, XBSolar, Xuan Bach
Seraphim creating 750MW highly-automated module assembly plant in Vietnam
for 250MW of yearly capability at the new facility, its very first in Vietnam.
Seraphim already has market rate of interests in Vietnam, having
Dec 9, 2020 // Manufacturing News, pv power plants, c-si manufacturing, Asia, monocrystalline wafer, PERC, fitch solutions, Vietnam, seraphim, Jun Zhuge, solar module
Vietnam Solar Supporters Plan a 'Million Green Homes'
Vietnamese advocates of solar power have begun a "Million Green Homes" project, aimed at spreading the use of solar power in the country instead of coal and other fossil fuels.
The project is being undertaken by the new Vietnam Coalition for Climate Action, formed in August by a group of leaders from business, academia and public organizations, and is designed to use a combination of public outreach and financial initiatives to get solar power on an additional million buildings.
Despite the "homes" in the project name, it is aimed at any small electricity consumers, especially those that can't afford the cost of converting to solar power on their own, such as farms, small businesses, offices, and public buildings, such as hospitals and schools.
A business in Ho Chi Minh City promotes solar panels, one of the sources of renewable energy being considered by Vietnam.
FILE - A business in Ho Chi Minh City promotes solar panels.
The project will focus on two types of solar power — panels connected to the national power grid that can supply electricity broadly and panels that generate electricity solely for the buildings to which they are attached.
Advocates are also encouraging Vietnamese to use more solar power for uses ranging from stoves to water heaters.
The project is being conducted by the Green Innovation and Development Centre, a Hanoi-based organization that promotes sustainable development in Vietnam and the Mekong region. The project is now examining how to spread awareness and make solar power affordable to under-served communities.
The center will start a pilot project next year for new solar power consumers all across Vietnam, including Hanoi in the north and several provinces, such as Thua Thien-Hue in central Vietnam, Dak Lak in the central highlands, and An Giang and Hau Giang in the south. The project will identify households and other small consumers eligible for support and help them install solar panels.
Environmentalists are pushing ahead with the effort, even though renewable energy discussions here have largely focused on government policies and corporate issues, and foreign investors want to be paid more for their electricity before they invest in solar power.
"Climate change poses a real threat to the natural environment that supports all of humanity and the critical habitats that we work to protect," said Van Ngoc Thinh, Vietnam country director of the World Wide Fund For Nature, one of the members of the coalition.
"I call on all committed leaders from across the private sector, universities, subnational governments, and civil society to join the VCCA to take climate action," he added.
Coal plans
Another environmental organization in the climate alliance, the Ho Chi Minh City-based Center of Hands-on Actions and Networking for Growth and Environment, or CHANGE, stressed in an email "the urgency of forming the alliance and the specific actions the alliance can contribute to promoting the use of rooftop solar [photovoltaic cells] and other energy-saving and green solutions."
Much of that urgency comes from Vietnam's increasing use of coal for energy, even while it considers itself one of the countries most at threat from climate change. The World Wide Fund For Nature in Vietnam said the Southeast Asian country plans to increase the number of coal-fired power plants from 20 now to 51 by 2030, which would cause carbon dioxide emissions to increase even more than expected.
Even amid government policies favoring more coal-fired plants, the government has expressed support for new types of energy sources.
"Vietnam's government always encourages the development and effective use of renewable energy sources," Deputy Prime Minister Trinh Dinh Dung said at an event this summer.
Oct 4, 2019 // Plants, Residential, Grids, Rooftop PV, Asia, rooftop PV, Vietnam, Van Ngoc Thinh, Trinh Dinh Dung