It is ADB’s first financing of a wind power project in Vietnam, comprising a $35 million A loan directly funded by ADB and an $81 million syndicated B loan.
REE expands its footprint in renewable energy, it is looking for long-term US dollar-based financing that is not readily available in the local market.
Nguyen Tam Tien, general director of Trungnam Group, affirms that the company has enough resources to build and operate renewable energy projects.
KN Van Ninh Solar Power Investment and Development Co., Ltd on December 26, 2020, launched the inauguration ceremony of KN Van Ninh solar power plant project.
The project also marks the largest installation of floating solar PV panels in Southeast Asia.
IFC is pledged to continue working on mobilising finance and unlock private sector solutions to help Vietnam become a modern dynamic middle-income country and realise its renewable energy goal.
The solar power complex in Ninh Thuan province features three plants with total capacity of 330MWp.
The Australian company has done due diligence on large-scale renewable energy projects in Vietnam.
The €108-million EU-Vietnam Energy Facility, funded by the European Union and the German Federal Ministry for Economic Cooperation and Development (BMZ) in the form of a non-refundable ODA grant, has been officially started.
The Asian Development Bank (ADB) signed a US$100-million loan facility agreement with China Everbright International Limited (CEIL) to help a series of municipal waste-to-energy (WTE) plants in primary and secondary cities in the Mekong Delta.
