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VIETNAM BUSINESS NEWS MAY 12


VIETNAM BUSINESS NEWS MAY 12
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 12/05/2021
  
14:25
GMT+7
Vietnam’s freeze dried sugar-cane juice patented in US
Vietnam’s dried sugar-cane juice patented in US
Vietnam’s Vinamit Joint Stock Company has announced that its sugar-cane juice and freeze dried sugarcane juice has just been patented by the United States Patent and Trademark Office (USPTO) in the US market.
Over the past two months, the patents were sent back to Vietnam, recognising Vinamit as the inventor of a series of lyophilized beverages made from domestic vegetables and fruits. Sugar-cane juice and freeze dried sugar-cane juice are the newest of these. ....

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Energy security at risk after forced plant output cuts


Energy security at risk after forced plant output cuts
12:33 | 11/05/2021
Energy security at risk after forced plant output cuts
Put into operation in late 2019, Sinenergy Ninh Thuan 1 Solar Power Plant from Singapore’s Sinenergy Holdings Pte., Ltd. has had to cut the capacity by 20 per cent over recent months, especially during the peak hours of 10am-2pm, due to the overloading of the power transmission lines and transformer stations.
Plant manager To Van Viet told VIR that cutting power outputs has caused millions of US dollars in loss every year. Located over 60 hectares in the south-central province of Ninh Thuan’s Ninh Phuoc district and costing $57 million of investment, the 50MW solar power plant is estimated to gain around $7.4 million annually at full capacity. “Cutting power generation capacity could delay return on investment, as well as push some investors into much more difficulties if borrowing money fro ....

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Strong DPPA scheme desired


Strong DPPA scheme desired
The Minister of Industry and Trade is likely to sign a draft circular regulating a pilot project for electricity purchases and sales between renewable energy generators and consumers under direct power purchase agreements. However, while the ministry is gaining support from some organisations, experts advise designing the schemes in an appropriate manner.
Authorities are pinning hopes on the piloting of a direct purchase model to keep Vietnam on the right track of renewable use and sustainability
The reacquisition of a 49-per-cent stake in Trung Nam Thuan Bac solar power plant by A Chau Industrial Technology JSC is considered key to ensure a long-term revenue source. The plant, which began operations two years ago, has the total investment capital of $217.4 million and a capacity of 204MW. Each year the solar power plant provides a maximum power output of 450 million kilowatt-hours, with a selling price of 9.5 US cents per kWh over 20 years. ....

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Trungnam Group sells stake in solar power plant - VnExpress International


Trungnam Group sells stake in solar power plant
By Dat Nguyen   April 20, 2021 | 08:35 am GMT+7
Solar power panels seen at Trung Nam Thuan Bac Solar Power Plant in the central province of Ninh Thuan. Photo courtesy of ACIT.
The Trungnam Group has sold a 49 percent stake in a central Vietnam solar power plant to an electricity equipment manufacturer.
The 49 percent stake, whose value has not been disclosed, has been bought by A Chau Industrial Technology, a manufacturer of electrical equipment that has been showing increasing interest in solar power development in recent years. It now operates five solar power plants nationwide. ....

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Vietnam manufacturer acquires 204MW Vietnam solar | News


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Vietnamese electricity equipment manufacturer A Chau Industrial Technology has acquired a 49% stake in the 204MW Thuan Bac Solar power plant from Vietnam-based Trungnam Group
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