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PVN starts strategy for developing hydrogen and offshore wind power projects   – On November 18 in Hanoi, Vietnam Oil and Gas Group (PVN) and the Asian Development Bank (ADB) signed a Memorandum of Understanding (MOU) on building a strategic partnership in 2021 – 2024 years to promote clean and sustainable energy development in Vietnam, as well as support PVN to achieve the green energy transition goal. Specifically, the two sides will cooperate in strategy, a roadmap for green energy transition, carbon capture, use and storage; developing hydrogen industry and offshore wind power projects. Speaking at the ceremony, Mr. Andrew Jeffries – ADB Country Director for Vietnam shared that establishing a partnership to coordinate and cooperate in the activities is interesting for both sides. As a multilateral financial institution and a catalyst organization for global and regional climate funds, ADB commits to support PVN through policy, technical consultations, investment funds, as well as to mobilize co-finance from other financial sources. On behalf of the PVN leaders, Mr. Pham Tien Dung – Deputy General Director of the group expressed his pleasure that PVN is the first unit to establish a partnership with ADB for developing clean and sustainable energy in Vietnam. Mr. Dung […]

Energy storage is an effective solution for efficiency improvement of REPs in Vietnam   – On November 24, 2021, with the support of the State central management agencies, the Ministry of Industry and Trade (MOIT), the Office of the National Steering Committee for Electricity Development (ONEDSC), the Electricity Regulatory Authority (ERAV), the Electricity of Vietnam (EVN), a number of Vietnamese and international organizations and enterprises… The Scientific Council of Vietnam Energy Magazine will organize a workshop on “Application of the energy storage systems and technologies for efficiency improvement of the renewable energy (RE) projects in Vietnam”. Scientific conference on: “Application of energy storage system and technology to improve efficiency for renewable energy projects in Vietnam”. The workshop aims to find solutions and proposals to remove difficulties and obstacles in capital mobilization, construction investment in construction and efficient operation for the current wind and solar power projects. At the same time, the participants of the workshop would propose the mechanisms and solutions to overcome the problems for maximizing the power generation (by investment solutions in the energy storage equipment, technology and power grid stabilization) of RE projects and to resolve technical problems of Vietnam’s power system. In recent time, the strong development of wind and solar power […]

BCG Energy and Siemens Gamesa Renewable Energy cooperate for WPD in Vietnam  – Within the framework of the 26th Conference of the participates in the Framework Convention of United Nations on Climate Change (COP26) taking place in the United Kingdom, under the witness of Vietnamese Prime Minister (PM) Pham Minh Chinh, Siemens Gamesa Renewable Energy (RE) and BCG Energy signed a Memorandum of Understanding (MOU) on Siemens Gamesa RE providing BCG Energy with equipment and technical solutions for wind power development in Vietnam. Siemens Gamesa RE is a member of Siemens Group (Germany) – the world’s largest supplier of wind power and renewable energy technology and equipment. According to the signed agreement, Siemens Gamesa Renewable Energy will be the supplier of equipment and technical solutions for BCG Energy to implement the roadmap for wind power development with a capacity more than 500 MW and an investment of about 400 million USD. BCG Energy is one of the renewable energy pioneer – developers in Vietnam. Today, the total capacity of BCG Energy solar power projects (including ground and rooftop solar power projects) in operation in Vietnam is 577.1 MW. BCG Energy expects to develop wind power projects in Vietnam with a […]