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July 02, 2025

Vietnam sets offshore wind rates, eyes first project launch by end of 2025

Vietnam's Ministry of Industry and Trade (MOIT) has unveiled a pricing framework for offshore wind power, setting regional ceiling tariffs ranging from VND 3,078.9 to VND 3,975.1 per kWh (approx. USD 0.12–0.15).
June 24, 2025

Global energy giants bet on Vietnam’s offshore wind: Will 2027 be the turning point?

Vietnam’s offshore wind potential remains largely untapped, and the sector is progressing at a relatively slow pace. Nevertheless, multinational companies from the U.S., Europe, and China continue to express strong confidence in its long-term prospects.
June 03, 2025

AI boom pressures Korea’s next leader to balance nuclear, renewables

As South Korea heads to the polls on June 3 for its presidential election, the two leading candidates’ positions on energy have drawn attention.
May 20, 2025

How Fluence is leveraging supply chain diversification to lead in APAC’s energy storage market?

Wilhelm van Butselaar, VP Growth and Business Development APAC at Fluence, a global leading provider of smart energy storage solutions, shared his insights of how to advance the deployment of energy storage
May 15, 2025

Denmark reconsiders nuclear ban to strengthen energy security

Denmark’s Energy Minister announced in parliament on May 14 that the government will reassess the feasibility of new nuclear technologies as part of its strategy to bridge gaps in renewable energy supply.
May 13, 2025

Vietnam needs electricity pricing reform to unlock offshore wind potential

Vietnam has updated its Power Development Plan VIII (PDP8) to significantly scale up renewable power generation. However, uncertainty around capital and regulatory frameworks continues to deter private sector investment.
April 21, 2025

Vietnam identifies over 1,000 GW of wind potential in exclusive economic zone

With over 3,000 kilometers of coastline, Vietnam holds significant potential for wind power generation. On April 18, Vietnamese authorities released a new report estimating the country’s wind power potential within its exclusive economic zone.
April 01, 2025

Vietnam’s FIT policy overhaul triggers industry bankruptcy fears

Vietnam’s government is conducting a comprehensive review of its feed-in tariff (FIT) regulations, a move that could significantly cut revenue for some operating renewable energy projects. This has sparked concern among industry players, who have filed a
March 06, 2025

Vietnam grants up to 12 years of fee exemptions for green energy projects

The Vietnamese government has introduced a new electricity decree, prioritizing the promotion of power generation projects using renewable energy sources such as solar and wind power, as well as energy storage systems.
February 10, 2025

Updated: Vietnam postpones 6 GW offshore wind goal to 2031-2035

Vietnam's offshore wind power development has come to a standstill, as the latest draft revision of the country’s National Power Development Plan 8 (PDP8) extends the 6 GW offshore wind target from 2030 to the 2031–2035 period.
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