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Vietnamese firm Da Nhim–Ham Thuan–Da Mi (DHD), a subsidiary of national utility EVN, has bagged a US$37 million loan from the Asian Development Bank (ADB) for a 47.5MW floating solar project that is claimed to be the first and largest such project in the Southeast Asian nation. The project will be built on a man-made reservoir in Southern Vietnam where DHD operates its existing 175MW Da Mi hydropower plant, co-locating the two energy technologies in a manner that is expected to be replicated elsewhere in Vietnam and across the Asia Pacific region. “This project will help to boost the share of renewable energy in Vietnam’s overall energy mix and decrease the dependence on imported fossil fuels such as coal,” said ADB Private Sector Operations Department deputy director general, Christopher Thieme. “The pairing of these two clean energy technologies—hydropower and solar—is a simple but a highly innovative achievement.” DHD currently owns and operates four hydropower plants: Da Mi (175MW), Ham Thuan (300MW), Da Nhim (160MW), and Song Pha (7.5MW), amounting to around 1.7% of Vietnam’s total generation capacity. The financing package includes: US$17.6 million loan from ADB’s ordinary capital resources US$15 million of blended concessional co-financing from Canadian Climate Fund for the Private Sector in Asia and its follow-on fund, the Canadian Climate Fund for the Private Sector in Asia II US$4.4 million parallel loan from Leading Asia’s Private Infrastructure Fund (LEAP), which is backed by Japan International Cooperation Agency. Financing cooperation In related news, ADB and Singapore-based Infrastructure Asia have signed a cooperation agreement to help governments in Southeast Asia adopt green finance approaches for clean energy infrastructure in the region. ADB director general for Southeast Asia Ramesh Subramaniam said: “Southeast Asia faces significant financing gaps in meeting its infrastructure needs, including for climate change mitigation and adaptation costs. We need innovative financing approaches to mitigate risks in infrastructure projects and better leverage public funds, so that many more funds are catalyzed from private and institutional sources to support greener, cleaner, and timely infrastructure development.” Through its collaboration with ADB, Infrastructure Asia will work in close consultation with the international financing, credit enhancement, and technology industries in Singapore to improve municipalities and state-owned enterprises’ access to private capital. Nauru In other recent news, ADB and the Government of Nauru have signed a US$22 million grant for a project that will fund a solar-plus-storage project on the Pacific island nation helping it to reduce reliance on fossil fuel-based power.

site shows that it now has 3.7 GW of attributable capacity in the Philippines, Vietnam, Indonesia, India, and Australia, with an eco-friendly share of

points we have actually revealed in current months, across South Africa, Vietnam and also Chile, and enhance our international development trajectory as we

pipe of 500 MW of projects at various stages of growth in the Philippines, Vietnam, Thailand, Indonesia as well as Japan. It will certainly be led by

Eric Scotto, CEO of Akuo. First Solar has existing factories in the US, Vietnam as well as Malaysia as well as is presently developing its third manufacturing

50 to 250% tariffs on imported solar panels from Malaysia, Thailand and Vietnam, reliable as quickly as this Thursday, Sept. 30. With 80% of U.S. crystalline

'Solar Module Super League' (SMSL) participant, LONGi Solar has actually authorized a structure arrangement to get Vietnam-based solar battery as well as module OEM (Original Equipment Manufacturer), Vina Solar for RMB 1.78 billion (US$ 253 million).

simply under half of overall power financial investments in the region. Vietnam was a star performer in 2020, with greater than 9GW of roof PV mounted before

results. After being influenced by a COVID-related shutdown of a factory in Vietnam in Q3 2021, the center went back to regular operation in mid-November.

top 10 export destinations from January to June 2019 were the Netherlands, Vietnam, Japan, India, Australia, Spain, Ukraine, Mexico, Brazil and Germany. China

5 module manufacturing facilities throughout landmass China as well as one in Vietnam, with an incorporated capability of 6 GW, according to its web

c-Si supply chains. The company has production bases in the United States, Vietnam as well as

for commercial and also industrial (C&I) consumers Japan, India, Thailand, Vietnam, Indonesia, Philippines, Cambodia, Singapore as well as Malaysia. The target

will continue to do so in the future, the firm predicted. Thailand, Vietnam reap unintended gains from sanctions According to Fitch, US

imports of crystalline silicon solar (CSPV) modules and cells from Malaysia, Vietnam as well as Thailand, according to the Solar Energy Industries Association