This statement is derived from the latest report published by Oxford Analytics on the global wind energy market. The report also suggests the market will gradually shift to Asia due to price pressure, climate policies and geopolitical impacts.

On October 28, 2021, the signing ceremony of the Agreement between the two Governments on Development Cooperation took place in the Vietnam - Denmark Energy Partnership Program in the period of 2020 - 2025.

The energy structure in the next 10 years will change due to the impact of the pandemic as well as policy adjustments and sustainability as it recovers. Therefore, from now on, businesses in the Vietnamese energy industry need to plan and come up with an implementation strategy to be able to adapt to the new normal.

In a virtual meeting with Mr. Tan See Leng, Minister for Manpower and Second Minister for Trade and Industry in mid-October, Vietnam's Minister of Industry and Trade Nguyen Hong Dien said that the energy crisis is taking place in the world, especially in Europe, the US and China, showing that energy is always an important issue that many countries focus on solving.

The 3rd Energy Security Dialogue has an important message for both Vietnam and the US. It is an appropriate time for Vietnam and the US to update each other on the national energy development plan according to appropriate energy transition orientations, in line with the global climate change mitigation trend.

The US Consulate General in Ho Chi Minh City said that it has just sponsored AMI AC Renewables Renewable Energy Company to implement a pilot project to develop an energy storage battery system using leading US technology.

Over the years, Vietnam has shown a strong determination in exploiting and using renewable energy with a long-term vision of a sustainable energy transition.

​A new type of magnet that is considered environmentally friendly has just been released by the well-known Korean electronic component maker LG Innotek Co., in cooperation with Sunglim Group Industry Co.

On June 30, the United States Agency for International Development (USAID) and the People's Committee of Da Nang City jointly launched a project to provide technical assistance to urban energy security in Vietnam.

The Da Nang City Department of Industry and Trade on April 28 held a ceremony to inaugurate the project promoting energy saving for the city’s residents. Sponsored by Japan International Cooperation Agency (JICA), the project will be conducted until February 2025,

Germany’s Großmann Ingenieur Consult GmbH (GICON®) and the Vietnam Petroleum Institute (VPI) have identified cooperation sectors and forms, covering technologies, under a memorandum of understanding (MoU) signed on March 29.

The Asian Development Bank (ADB) signed a US$37.8 million loan deal with TTC Energy Development Investment Joint Stock Company (TTC Energy) to provide long-term financing to develop and operate a 50-megawatt (MW) photovoltaic solar power plant in the southern province of Tây Ninh.

The solar park will represent an investment of JPY 1 billion (USD 9.8m/EUR 8.8m).

Isolux Corsan has been awarded the 37.6 MW Kayenta Solar Project by the Navajo Tribal Utility Authority.

This new factory is expected to bring up to 450 skilled technical jobs to the area.

The Inter-American Investment Corporation (IIC) has helped finance the 54-MWp Los Loros solar photovoltaic (PV) project in Chile’s Atacama Desert.

SunEdison Inc., the bankrupt clean-energy giant, sold a 7-MW portfolio of rooftop solar projects in India to Amplus Energy Solutions Pvt.

The EU and Mexico will contribute equally to the €20 million project.

Juwi AG, a German renewable energy developer, started operations at what it said is the world’s largest off-grid solar plant located at a gold and copper mine in Australia.

Dominion Virginia Power said it is assessing options for its proposed offshore wind demonstration project after the U.S. Department of Energy announced it is withdrawing $40 million in funding.

"This project is going to be the biggest CSP plant worldwide," said DEWA chief Saeed al-Tayer.

Japanese firm NTT Facilities Inc announced today it started the construction of a 1-MW photovoltaic (PV) power plant in Higashihiroshima city, Hiroshima prefecture.

Whirlpool Corporation announced plans to build wind turbines to help power its Marion and Ottawa plants in Ohio.

A new biomass system fueled by woodchips will begin providing heat to two health facilities this year in Prince Edward Island (PE).

The project will use captured methane to generate carbon-neutral renewable electricity at two power stations.

A new biomass system fueled by woodchips will begin providing heat to two health facilities this year in Prince Edward Island (PE), the provincial government said on May 20.