Vietnam

TVEL resumes nuclear cooperation with Vietnam through new fuel delivery

The delivery of nuclear fuel by Russian subsidiary TVEL to the Da Lat research reactor marks a key step in strengthening the nuclear commercial partnership between Moscow and Hanoi.

Jinhong Gas invests in Spain with a strategic cryogenic unit

Chinese group Jinhong Gas finalises a new industrial investment in Spain, marking its first European establishment and strengthening its global strategy in the industrial gas sector.

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.
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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.

Thailand delays regional power project due to lack of tariff approval

Thailand’s pending approval of transmission fees is holding back progress on an energy project linking Laos to Singapore via Malaysia, amid political uncertainty.

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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ASEAN reignites regional energy integration with cross-border electricity grid

The ASEAN Power Grid enters a strategic phase with renewed support from regional and international institutions to structure electricity trade among member states and secure the necessary investments.

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.
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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.

US Investigates Solar Imports from India, Indonesia and Laos

Washington launches antidumping procedures against three Asian countries. Margins up to 190% identified. Final decisions expected April 2026 with major supply chain impacts.

First Solar raises annual outlook after new import tariffs

First Solar anticipates higher revenue for the current year, driven by an increase in solar panel prices following the introduction of new import tariffs.
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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.

PTT Oil posts record profit and accelerates expansion in Asia

PTT Oil and Retail Business announces a 46% increase in net profit for the first quarter of 2025, driven by regional expansion in its energy and non-energy activities, alongside an integrated ESG strategy.
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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.

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.

Yoji Muto confirms Japan’s restart of nuclear reactors and the growth of renewables

Japan's new Minister of Economy, Trade, and Industry, Yoji Muto, recently reaffirmed the country's commitment to restart its nuclear power plants while maximizing the integration of renewables into its energy mix. This approach is part of a broader strategy to diversify Japan’s energy sources and reduce its dependence on fossil fuels.

Malaysia: New Climate Policy to Reduce Carbon Intensity by 2030

Malaysia updates its climate policy, aiming for a 45% reduction in carbon intensity by 2030. This initiative is accompanied by the preparation of a Climate Change Act, expected to be launched in the first quarter of 2025.

Energy transition: JETP challenges in developing countries

JETP, a G7-backed initiative, promises to finance the energy transition of developing nations. However, financing delays and structural obstacles are holding back the achievement of climate goals in countries such as South Africa, Indonesia, Vietnam and Senegal.
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Pertamina and Russian crude: an evolution that redefines the Asian market

Pertamina, the Indonesian oil company, is exploring supplies of Russian crude, raising hopes among refiners in Thailand and Japan. This dynamic could disrupt light crude prices in Southeast Asia, prompting increased vigilance.

Vietnam’s energy challenges: Towards a sustainable and diversified transition

Vietnam faces major energy challenges, with soaring demand and delays in key projects. The government plans to revive nuclear power and increase solar capacity to diversify its energy sources.

EliTe Solar invests USD 150 million in an 8 GW solar plant in Egypt

EliTe Solar launches a $150 million project for an 8 GW solar plant in Egypt. The aim is to boost its production capacity and optimize its global supply chain, while supporting Egypt's energy ambitions.
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Southeast Asia steps up coal imports as China peaks

South-East Asia, with countries such as Vietnam and the Philippines, should see its coal imports grow, while Chinese demand stabilizes.

Enel prepares to withdraw from Vietnam, impact on renewable projects

Enel could pull out of Vietnam, following the trend of other Western companies reviewing their renewable energy strategies in the face of regulatory challenges.

Oxfam launches a tool to structure the energy transition in Asia

Oxfam is proposing a new strategic tool to guide energy transition policies in Asia, by promoting better coordination between regulators, financial institutions and local players.
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Singapore strengthens alliances to secure its renewable energy supply

Singapore is exploring partnerships with Australia and Southeast Asia to diversify its energy sources, in response to growing demand and its decarbonization objectives.

Equinor abandons wind power projects in Vietnam, closes Hanoi office

Norwegian energy giant Equinor is pulling the plug on its offshore wind projects in Vietnam, citing regulatory delays and a strategic reassessment, which could put the brakes on energy ambitions in this fast-growing market.

Global offshore wind power on course for 520 GW by 2040, with Europe in the lead

The offshore wind sector is on course to exceed 520 GW of installed capacity by 2040, despite logistical challenges, with a strong concentration in Europe thanks to floating wind.
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China General Nuclear: energy expansion in Laos with 1 GW project

China General Nuclear accelerates its partnership with Laos by launching a 1 GW expansion of wind and solar capacity in the north of the country, aimed at strengthening regional energy connectivity.

Bangladesh’s energy demand rises 7% despite political crisis

Despite a political crisis and protests crippling the economy, electricity demand in Bangladesh jumped by 7%, mainly due to increased use of air conditioners as a result of high temperatures.

SK Innovation invests in underwater carbon storage in Australia

SK Innovation takes a 20% stake in the G-15-AP project in Australia, marking a shift towards decarbonization and diversification of its energy activities.
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Harbour Energy advances Talbot project in the North Sea

Harbour Energy confirms the progress of its Talbot project in the North Sea, with commissioning scheduled by the end of 2024, aimed at increasing oil and gas production.

Vietnam authorizes Hai Linh to import and export LNG

Hai Linh Co. Ltd. becomes the first private company in Vietnam to obtain a license to import and export liquefied natural gas (LNG), marking a key milestone for the country's energy industry.

Vietnam LNG price cap: 15% target by 2030 under threat

Vietnam is aiming for 15% of its power capacity to be LNG-fired by 2030, but a controversial price cap could jeopardize this goal by discouraging investment and making projects economically unviable.
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Singapore and the United States sign civil nuclear partnership agreement

Singapore and the United States sign an agreement to strengthen cooperation on the peaceful use of nuclear energy, with the aim of diversifying Singapore's energy sources.

Upstream Dams on the Mekong: An Energy and Environmental Challenge

Hydraulic dams up the Mekong exacerbate water and environmental crises in Vietnam's delta, highlighting cross-border energy issues.