Vietnam

Mitsubishi Power to equip Vietnamese plant in natural gas conversion project

Mitsubishi Power will supply equipment to convert an oil-fired thermal power plant to natural gas in southern Vietnam.

Boviet Solar invests in 3 GW photovoltaic cell plant in North Carolina

Boviet Solar strengthens its industrial presence in the United States with a major investment in a new 3 GW photovoltaic cell plant in Greenville, consolidating its North American expansion strategy.

Kinshasa and Vingroup sign agreement for major urban and energy project

The government of Kinshasa has signed a memorandum of understanding with Vietnam's Vingroup to develop a 6,300-hectare urban project and modernise mobility through an electric transport network.
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Gushine opens $100 mn lithium battery plant in Hai Phong

Gushine Electronics has opened a lithium battery plant in Vietnam, with an estimated annual production value of $100 mn, marking a new phase in the international deployment of its industrial capacities.

ASEAN targets $10.7 billion in investments to modernise its power grids

A report estimates $2.3 billion in avoidable economic losses by 2040 if Southeast Asia strengthens its electricity infrastructure through smart grids.

Vietnam proposes tax refunds to boost domestic bioethanol production

Hanoi is preparing a tax relief plan for biofuel producers to support domestic ethanol output ahead of the E10 mandate rollout planned for 2026.
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Southeast Asia’s power demand drives massive integration of solar and wind

Southeast Asia, facing rapid electricity consumption growth, could tap up to 20 terawatts of solar and wind potential to strengthen energy security.

Southeast Asia plans $208bn investment to develop nuclear power by 2050

Facing energy security challenges, several Southeast Asian countries are turning to nuclear and could invest up to $208bn to reach 25 GW of capacity, favouring small modular reactors.

Monsoon Wind launches 600 MW and begins electricity exports to Vietnam

The 600 MW onshore wind farm in Laos achieves commercial operation four months early, injecting power into Vietnam via a 500 kV interconnection and consolidating an international financing package of $950mn.
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US tariff ultimatum pushes India towards new Asian trade alliances

Sanctions imposed on August 1 accelerate the reconfiguration of Indo-Pacific trade flows, with Vietnam, Bangladesh and Indonesia emerging as principal beneficiaries.

US tariffs and FEOC restrictions threaten solar supply chain and create risks for the industry

New anti-dumping tariffs and Foreign Entity of Concern (FEOC) restrictions are disrupting the US solar supply chain, while ongoing dependence on China exposes the industry to significant risks, according to Wood Mackenzie.

Global investments of $1.2 trillion needed for energy storage by 2034

A Wood Mackenzie report estimates required battery investments at $1.2 trillion to integrate an additional 5,900 GW of renewable energy, highlighting battery storage systems' key role in stabilising electrical grids.
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Longi and Pertamina launch 1.6 GW solar plant in Indonesia

Chinese manufacturer Longi will invest alongside Pertamina NRE in a 1.6 GW site at Deltamas, aiming to strengthen the local photovoltaic chain and capture demand expected under Indonesia’s power plan.

Kuwait launches tender for 1.1 GW solar power project

The Kuwait Authority for Partnership Projects has launched the tender for the 1.1 GW Al Dibdibah and Al Shagaya Phase III Zone 1 solar project, targeting pre-qualified international companies and consortia.

HDF Energy and VIMC seal hydrogen partnership for Vietnamese maritime sector

The French developer and Vietnam’s state-owned shipowner will combine fuel cells with locally produced green hydrogen to cut shipping emissions under a memorandum signed on 11 June in the presence of senior officials from both countries.
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ExxonMobil tops upstream explorer ranking according to Wood Mackenzie

ExxonMobil has been named the most admired upstream exploration company in Wood Mackenzie’s latest annual survey, recognised for its performance in Guyana and its ability to open new resource frontiers.

Vietnam Launches Pilot Carbon Market Targeting Three Major Industrial Sectors

Vietnam initiates a pilot carbon market targeting steel, cement, and thermal energy industries to prepare for nationwide regulation starting in 2029.

SK Innovation Intensifies Oil Investments with New Projects in Asia

SK Innovation, through its subsidiary SK Earthon, is accelerating investments in offshore oil exploration projects in Southeast Asia, enhancing South Korea's energy security through a regional strategy focused on operational efficiency.
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Macron in Vietnam: France faces Russian-American nuclear agreements

Emmanuel Macron is visiting Vietnam as the country expands its nuclear partnerships, signing today an agreement with the American company Westinghouse, following recent cooperation with Russia, intensifying competition in this strategic market.

EMBER: ASEAN’s interconnected grids could unlock 30 GW of solar and wind energy

A report identifies 30 GW of solar and wind potential along Southeast Asia’s interconnection corridors, highlighting the challenges tied to regional electricity infrastructure.