2nd Vietnam Renewables,

17-18 Oct, 2019 - Ho Chi Minh City, VIETNAM

Lotte Legend Hotel Saigon

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Increasing Solar & Wind Power Capacity in Vietnam!

     

"AC Energy to start Vietnam wind projects in 2020"

April 30, 2019 

  

"Ninh Thuận builds more solar, wind projects"

May 27, 2019 

  

"JinkoSolar delivers 258 MW for PV-wind project in Vietnam"

June 17, 2019 

  

"Enterprize Energy gets greenlight for $12-billion offshore wind farm"

Jun 18, 2019 

  

"Thai industrial group powers up 2 huge Vietnam solar farms"

July 5, 2019 

   

"We see huge opportunities in Vietnam, considering the country's high GDP growth forecast above 6.5% and very strong growth, which is likely to continue in the following years,"

Preeyanart Soontornwata, President & CEO, B. Grimm Power  

  

“We have high-graded an area which we refer to as the Ke Ga Offshore Wind Development Zone, offshore southern Vietnam, where we believe our collaborative approach has the potential to deliver utility-scale offshore wind energy development within the government’s price expectations.”

Ian Hatton, Chairman & Founder, Enterprize Energy 

   

Investors are eyeing to spend up to $150b in Vietnam’s power sector over the coming decade.  With high GDP growth forecast and optimistic investment outlook, Vietnam is offering huge opportunities in its power sector as electricity demand is projected to surge to almost 130GW by 2030.

  

Rapid rise in pollution has triggered local resistance to some planned coal power projects, thus the Ministry of Industry and Trade (MoIT) introduced the Feed-in Tariff (FiT) incentives to boost renewables as power source.

 

Solar power has attracted strong interest due to relatively high FiTs.  According to Vietnam Electricity (EVN), around 50 solar power plants came on stream by end May, with a total designed capacity of about 2,481MW. There are also around 4,000 rooftop solar panel systems installed, with total capacity about 45MW.  Global Wind Energy Council (GWEC) is also optimistic that Vietnam has the highest potentials in the region for both onshore and offshore wind, with 1GW expected to be installed by 2021. The country’s 3,000km coastline has some of the best resources for both onshore and offshore wind.  

While Vietnam's s energy grid provides 99% coverage, rapid development of renewable power projects post rippled effect and challenge on the grid capacity and transmission efficiency. 

    

With funding support from Asian Development Bank (ADB), infrastructure investment organizations and ECAs, Vietnam is accelerating forward with growing solar and wind generation capacity.  What are the sentiments of the financing markets for Vietnam's renewables, how do the international and local banks approach towards this sector?  Are green bonds the answer for Vietnam's growing electricity infrastructure needs? 

   

Find your answers at CMT's 2nd Vietnam Renewables, 17 – 18 October 2019, Ho Chi Minh City. Sign-up today with your team at www.cmtevents.com, and enjoy attractive early bird group discount. Contact hafizah@cmtsp.com.sg for more information.

     

Key Highlights :
 

  • Meet your prospective partners, local and international, at this 2-days agenda on what's happening today and tomorrow in Vietnam growing solar and wind energy sectors
  • Find out more on the development of prospective auction schemes or other mechanisms directly from the regulator MoIT
  • Meet & discuss your plans with MoIT & EVN at this conference, and network with the other peers
  • Get local knowledge from the two Solar projects case studies in Binh Thuan & An Giang
  • Drill deep in the solar rooftop development in Vietnam for more opportunities
  • Promising economic outlook in Vietnam and what are the positive effects on the financing markets?
  • Hear from the developers and understand the difference in developing offshore wind in Taiwan, UK & Vietnam
  • Growing offshore wind capacity in Vietnam, what’s needed and how is the supply chain developing for this growth?

    

Industry News

AboitizPower plans solar, wind buys in Vietnam

Promoting rooftop solar energy in Vietnam

Wind power plant construction starts in southern Vietnam

Huge potential for offshore wind power development in Vietnam

Vietnam's growing demand for energy

More comprehensive solutions needed for solar energy development

 
Be a Sponsor or Exhibitor!

This event is an excellent platform to promote your organization to influential players and investors in the industry. Sponsorship opportunities available include Corporate, Exclusive luncheon & Cocktail sponsor.

Exhibition / catalogue display can be arranged upon request. Contact fiona@cmtsp.com.sg or (65) 6346 9138

Industry News

 
Vietnam aims to use solar energy to meet its rising electricity demand and last year, it had a combined capacity of about 10,000 MW registered solar power projects.
 
The country has already witnessed a slew of solar power plants  becoming operational in early 2019 – especially in the Southern Vietnam.
 
TTC Group of Vietnam and Gulf Group of Thailand have started two solar power plants in Thanh Thanh Cong Industrial Park in An Hoa commune of Trang Bang district, the southern province of Tay Ninh.
 
Another 57 million kWh per year solar power plant was started in Thanh An commune of Thanh Hoa district, southern Long An province – which is a joint venture between Bamboo Capital and Vietnam-Oman Investment (a JV between the State General Reserve Fund of Oman and the State Capital Investment Corporation of Vietnam). The plant is expected to produce electricity equivalent to the annual consumption of 22,000 households in Vietnam and is slated to reduce about 16,000 tonnes of CO2 emitted annually.
 
The capacity of power generation facilities installed needs to reach 130,000 MW by 2030, compared to the current 47,000 MW – according to the national electricity development plan.
 
New operational facilities with a combined capacity of 83,000 MW is needed by 2030 to meet the growing power demand. In addition, the country also needs more power transmission and distribution infrastructure.
 
Find out more about solar power projects in Vietnam at CMT’s 2nd Vietnam Renewables Summit on 17-18 October, 2019, in Ho Chi Minh City.
 
For more information about the conference, contact Hafizah at hafizah@cmtsp.com.sg or call +65 6346 9218.
 
Read more>>>
 

04 Oct, 2019


Singapore has become the first country in Southeast Asia to announce an end to new coal-fired power plants financing. It is a significant move as Singapore have had financed several coal-fired power plants in the recent past. Only last year some of Singapore’s leading banks had policies that conditionally permitted coal financing. In fact the island nation’s banks have extended approximately US$2.29 billion loans to 21 coal power projects, especially in Indonesia and Vietnam since 2012.
 
The move is in alignment with western financial institutions that have already shun away from providing finances to coal fired power plants.
 
It is still to be gauged how the move will impact coal fired plant construction in Asia – especially when countries like China and India have significant projects. But these countries are also bringing in renewable energy sources such as solar and wind in their energy portfolio along with other Asean countries like - Indonesia, the Philippines and Vietnam.
 
Following the announcement by Singapore, Mitsubishi UFJ Financial Group (MUFG), has also revised its environmental and social policy framework and will no longer provide finance for new coal power projects. Between 2016-2018, MUFG sanctioned about US$3.5 billion for coal-fired plants.
 
Such a move is significant for Asia’s low carbon future. However, it has to be noted that a wider "green" effort in the  financial system is needed so that capital is available for sustainable industries – particularly renewable energy. Already steps towards green or sustainable finance have gained traction in the West and in major Asian countries such as China.
 
Meanwhile Asean countries are also aiming to derive 23 per cent of its primary energy from renewable sources by 2025, as the region’s energy demand is set to rise by 50 per cent. Encouraging ‘green’ finances for solar and other low-carbon energy and infrastructure projects - that are  commercially viable and quicker to deploy - will be key in the next few years.
 
Find out more about finances for renewable energy in Asia at CMT’s 2nd Vietnam Renewables Summit on 15-16 October, 2019, in Ho Chi Minh City.
 
For more information about the conference, contact Hafizah at hafizah@cmtsp.com.sg or call +65 6346 9218.
 

29 Aug, 2019

 
Vietnam has a huge energy shortage and the government is now focusing on renewable energy sources to reduce the dependence on thermal power.
 
Vietnam has long coastline that can be used to produce wind power. This year, construction has begun at the first phase of the Dong Hai 1 Wind Power Plant – built by Bac Phuong (BP) Energy.
 
To be built at a cost of VND2.5 trillion ($108 million), the first phase of the plant will have a capacity of 50 MW and will contribute around 161 million kilowatt hours of electricity annually to the national grid.
 
The power plant will be equipped with 12 turbines and is expected to provide power to Bac Lieu and other provinces in the Mekong Delta region.
 
Bac Lieu already has the largest wind power plant in Vietnam - Bac Lieu Wind Power Plant - that began operations in 2016. Equipped with 62 turbines, the plant has a capacity of 99 MW and can produce about 320 million kWh annually.
 
Vietnam needs billions of dollars in investments to develop its renewable energy sector.
 
For the latest renewable energy investments, projects in Vietnam, attend CMT’s 2nd Vietnam Renewables on 15-16 October, 2019, in Ho Chi Minh City.
 
For more information about the conference, contact Hafizah at hafizah@cmtsp.com.sg or call +65 6346 9218.
 

27 May, 2019