Vietnam''s state power utility has cut previously agreed subsidised prices it pays for electricity from some solar and wind farms which now risk defaulting on their debts with banks,
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Vietnam ''s Ministry of Industry and Trade issued Circular 9608 / BCT-DL, urging governments across Vietnam and state-owned utility Vietnam Electricity Corporation (EVN) to
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TOKYO -- More than 40 power project owners in Vietnam''s wind and solar sectors have said they are at risk of defaulting and have called on the government to uphold the purchasing price at...
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Vietnam could experience a wave of bankruptcies of solar and wind producers if the state utility proceeds with its planned change in pricing for renewable energy, the Vietnam Chamber of...
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HANOI — Vietnam''s state power utility has cut the previously agreed subsidised prices it pays for electricity from some solar and wind farms, which now risk defaulting on their debts with...
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In a letter dated Mato top Vietnamese officials, 28 investors expressed “deep alarm” over the possible end of the favorable tariffs that were promised to their wind and solar projects.
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The Ministry of Industry and Trade has proposed that the Prime Minister direct Vietnam Electricity (EVN) to urgently resolve the obstacles and reach agreements with investors involved in
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Investors in Vietnam''s renewable energy sector, particularly in wind and solar power projects, are facing financial jeopardy due to cuts in government subsidies.
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For example, EVN stopped buying power from rooftop solar projects completed after 31 December 2020, leaving thousands of investors in limbo. Authorities have also conducted thorough
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Vietnam''s renewable energy sector is slowing down despite earlier breakthroughs. Over 4,000 MW of completed solar and wind power projects have yet to secure power purchase
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