Thermal power slumps as renewable energy soars 180 percent

Thermal power slumps as renewable energy soars 180 percent

According to Vietnam Electricity (EVN), in the first quarter of this year, electricity mobilized from gas-fired thermal power plants and coal-fired thermal power plants must cut by 12-21 percent compared to last year because renewable energy (solar power) increased rapidly by up to 180 percent.
CPI climbs 1.52 percent in February

CPI climbs 1.52 percent in February

The consumer price index (CPI) in February this year jumped by 1.52 percent over the previous month, the highest increase of the index in February in the past eight years, and 1.58 percent compared to December last year.
Government to have new policy on purchase of solar power soon

Government to have new policy on purchase of solar power soon

Nearly a week after the Vietnam Electricity (EVN) stopped receiving grid connection and purchasing solar power following Decision No.13/2020 signed on April 6, last year, by the Prime Minister on the mechanism to encourage the development of solar power in Vietnam, which expired after December 31, last year, investors are anxiously waiting for new regulations.
A resident on Nhon Chau Island buys a television to use after the island connects to the national power grid. (Photo: SGGP)

300 households in Nhon Chau Island have power access

The Central Power Corporation (EVNCPC) cooperated with the People's Committee of Binh Dinh Province to hold a ceremony to announce the completion of the project to bring the national power grid by submarine power cables to hundreds of households and local authorities of Nhon Chau Island in Quy Nhon City in Binh Dinh Province on October 10.
Installation of rooftop solar power system increases rapidly in HCMC

Installation of rooftop solar power system increases rapidly in HCMC

Deputy General Director of Ho Chi Minh City Power Corporation (EVNHCMC) Bui Trung Kien said that from the beginning of this year until now, the demand for installing rooftop solar power of people and enterprises in the city has increased rapidly.
EVN to buy solar power at 9.35 cents per kWh

EVN to buy solar power at 9.35 cents per kWh

Because the Government wants to encourage people with rooftop panels to install batteries, the Ministry of Industry and Trade and State-owned power giant Vietnam Electricity (EVN) proposed buying solar power at 9.35 cents per kWh.