Clean Energy, Cleantech venture capital, Hydro, Vietnam

Vietnam connects new hydroelectric plant

February 4, 2008 (UPI) – The Tuyen Quang hydroelectric plant’s generator was connected to the national power grid in Vietnam, the Vietnam News Agency reported. The plant, which cost more than $438 million to build, will have three generators when finished with a total capacity of 342 megawatts. Continue reading

ADB, Australia, China, Clean Energy, Hydro, India, Indonesia, Japan, Korea, Legislation, Malaysia, Myanmar, New Zealand, Nuclear, Philippines, Singapore, Solar, Thailand, Vietnam

Asia’s tigers eye nuclear future

February 15, 2008 (Asia Times) – The 2005-07 spike in petroleum prices topping out at US$100 a barrel has prodded economic planners across the globe to reconsider their energy options in an age of growing concern over global warming and carbon emissions. The Southeast Asian economies, beneficiaries of an oil and gas export bonanza through the 1970s-1990s, now find themselves in an energy crunch as once-ample reserves run down and the search is on for new and cleaner energy supplies. Notably, regional leaders at the 13th ASEAN Summit in Singapore in November 2007 issued a statement promoting civilian nuclear power, alongside renewable and alternative energy sources. Continue reading

Biofuels, Vietnam

Vietnam approves plan to use biofuels

November 22, 2007 (Reuters) – Vietnam, which has a technology-sharing pact with leading ethanol producer Brazil, on Thursday approved the production and use of biofuels as it seeks to diversify its energy sources.

Vietnam’s Deputy Prime Minister Hoang Trung Hai said in a directive that biofuel output, including ethanol, would reach 250,000 tons by 2015 and 1.8 million tons by 2025, meeting 5 percent of the energy-hungry Southeast Asian country’s total fuel demand.

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Biodiesel, Jatropha, Vietnam

Vietnam on the Jatropha Bandwagon

September 28, 2007 (VietNamNet) – A group of researchers from the HCM City-based Institute for Tropical Biology is conducting a pilot project, in which they plant Purging nut (Jatropha curcas L.) to process bio-fuel.The researchers have grown purging nut in the southern province of Binh Phuoc, which has suitable weather and soil conditions for this kind of tree. Purging nut can release fruit from six to twelve months.

According to researchers, the oil content of seed of purging nut is around 35-45% so one hectare of purging nut can produce 2,500 to 3,000l of bio-diesel a year.

They said that it is quite simple to produce bio-diesel from the oil of purging nut seed. Methanol and potassium hydroxide are two basic, cheap chemicals used to make bio-diesel from purging nut oil.

The waste of purging nut seed can be used to produce organic fertilizer because it contains high content of protein and some anti-pesticide compounds.

This kind of plant is drought resistant and it can develop on exhausted soil, sandy soil, etc. Purging nut is also good for protecting soil and to prevent erosion on hills. It is also one kind of perennial tree, which has a life span of 30-40 years.

This tropical crop is native to Mexico and Central America, but is cultivated in many other Latin American, Asian and African countries as a hedge.

ADB, Cleantech venture capital, Geothermal, Vietnam

ADB to Finance $931 Million Vietnam Thermal Power Project

September 21, 2007 (ADB) – The Asian Development Bank (ADB) has approved a US$28 million first-stage loan for Viet Nam’s Mong Duong thermal power project. The plant will ultimately add 2,200 megawatts of generating capacity to Viet Nam’s electricity system. Total ADB funding under the two-stage financing program will be $931 million.

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Carbon Credits, Climate Change, Renewable Energy, Vietnam

Vietnam CDM Projects Encouraged

August 10, 2007 (Viet Nam News) HA NOI — Projects using a clean development mechanism (CDM) in Viet Nam will now benefit from tax incentives, preferential land rent and investment credit.

CDM projects include initiatives that use environmentally friendly technology, prove to generate no or little greenhouse gas and are recognised by the International CDM Executive Board.

The incentives were set out in a decision, recently approved by Prime Minister Nguyen Tan Dung, that aims to encourage the flow of investments into CDM projects in the context of increasing global warming.

The decision also stipulated that investors would be provided with financial support in working out CDM projects as well as benefit from a priority on selling products made by CDM projects.

When carrying out projects that meet CDM criteria, investors must follow Vietnamese laws and international conventions that the country has signed. The projects must also carry out environmental impact assessments.

The PM’s decision also regulates for the transfer of certified emissions reductions (CERs) by investors, while CERs will be managed by the Viet Nam Fund for Environmental Protection.

Investors can sell CERs or use them in their own countries if they are foreign investors.