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Vietnam’s Threat To Go Back On Tariff PPA’s Sends Chills Through Developers

Vietnam’s decision to retroactively revise subsidised pricing rules for wind and solar energy has raised concerns among stakeholders in the industry, especially foreign investors. The move comes after Vietnam blew past its renewable addition targets between 2020-23 on the back of a generous Feed In tariff mechanism that made projects much more lucrative in the […]

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News Briefs July 9: Largest BESS In Netherlands, Vietnam Green Policy, Thai Solar Deal

Netherlands ‘largest’ co-located BESS Commissioned By Powerfield Dutch independent power producer (IPP) PowerField has commissioned a 52MWh BESS at a PV plant. Co-located with a 28MWp solar PV plant, the battery is supposed to be the largest in Netherlands. The solar and storage project in Wannepervee combines 28MWp of solar with a 52MWh BESS. The […]

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Polysilicon Manufacturers Shift To Vietnam, Chinese Import Hits Record Low

Germany based Bernreuter Research in its report on Polysilicon shipment found a drop in Polysilicon imports into China. The report stated, this fall has led to the lowest level since 2011. According to the report the Chinese customs statistics, imports of the feedstock for solar cells and semiconductors slumped by 28.5% i.e., from 88,093 metric […]

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Vietnam’s VinFast looks to open EV battery plant in Tamil Nadu

VinFast, a leading Vietnamese electric vehicle manufacturer, has identified Thoothukudi as the location for its upcoming battery manufacturing plant. The company is poised to make a significant investment, amounting to hundreds of millions of US dollars, in a spacious 400-acre area. Moreover, this will be VinFast’s inaugural investment venture in India. Originally, VinFast was looking […]

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Trina Solar Commissions 15.5 GW Solar Manufacturing Complex In Vietnam

Keeping up with its international manufacturing expansion, Chinese solar major Trina Solar has commenced the production of 210mm monocrystalline silicon wafers in Vietnam. The first wafers rolled off the production line at the factory in Thai Nguyen city, 80 kilometers north of Hanoi, on Aug. 23. The factory will be able to produce 6.5 GW of wafers per […]

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ADB Arranges $107 Million for BIM Group to Support Wind Project in Vietnam

The Asian Development Bank (ADB) has signed a financial package of $107 million with BIM Wind Power Joint Stock Company (JSC) to support the operation of an 88 MW wind energy farm located in Ninh Thuan province of Vietnam. The wind project lies to the south-central coast of the South East Asian country. BIM Wind […]

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