📢 Viet Nam can make up to 40% market share of wind and solar energy supply chain. On the morning of October 17, at the forum "Reconfiguring the Global Energy Supply Chain: Identifying Trends, Challenges, and Solutions for Viet Nam," organised by the Business Forum Magazine, Chi Mai Vu, Director of the Clean, Affordable and Secure Energy for Southeast Asia (CASE) project in Viet Nam under the GIZ Energy Support Programme - Viet Nam, shared insightful views on the opportunities and challenges in energy transition. 🌱 💡 Vu Chi Mai noted: Germany, one of the pioneers in energy transition, has achieved many accomplishments from intensive investment in research and development. However, when the Russia-Ukraine conflict broke out, Germany faced challenges in ensuring and maintaining energy security. With available technology and capital, the challenge for Germany is to have a highly skilled workforce to implement new and renewable energy projects in a short time while maintaining quality. Efficient energy use is also an effective tool that significantly contributes to the country's energy transition process. Viet Nam has great potential in the wind and solar power value chain, with the capacity of 40% of the supply chain, especially in the field of electrical equipment. Preliminary assessments show that the mechanical industry can potentially engage in the value chain of the new energy sector. International cooperation will provide valuable information, latest technology, and funding to implement projects. Equally important is enhancing innovation and the negotiation capacity of domestic enterprises in international contracts. 🔧 Key to success: Deeper participation in the industry's value chain, hi-tech human resource training are essential to ensure quality and sustainability for renewable energy projects. 🌍📈 ⚡️ Read more at: https://lnkd.in/gxp3-gqP #justtransitionn #JustEnergyTransition #gizesp #RELocalisation #CASEforSEA
GIZ Energy Support Programme - Viet Nam’s Post
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Upcoming webinar: Southeast Asia is making great strides in economic growth and renewable energy development. With rising electricity demand, the region has a great opportunity to expand solar and wind power. How can Southeast Asia accelerate this momentum and fully tap into the region’s potential for clean energy in Indonesia, Thailand, Viet Nam, and the Philippines? 🔍 Join us for this deep dive into our latest report “Electricity market designs in Southeast Asia: Harnessing opportunities for renewable energy growth in Indonesia, Thailand, Viet Nam, and the Philippines”, developed under the project CASE for Southeast Asia. Together we will explore market and regulatory strategies to boost renewables across the region. In addition, the session will feature: 👉 Key findings on electricity market design for renewable energy growth 👉 A panel discussion with experts, including Alberto Dalasung III (Institute for Climate and Sustainable Cities, the Philippines), Bui Ngoc Thuy (GIZ Energy Support Programme - Viet Nam), Dr. Phimsupha Kokchang (Energy Research Institute – Chulalongkorn University, Thailand), and Dr. Marlistya Citraningrum (Institute for Essential Services Reform (IESR), Indonesia). 📅 Date: Tuesday, 29 October 2024 🕑 Time: 15:30 – 17:00 ICT | 9:30 – 11:00 CET Don’t miss out— register here 🔗 https://lnkd.in/dwtMmsJJ #RenewableEnergy #SoutheastAsia #EnergyTransition #PowerMarketDesign #Investment Ernst Kuneman
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Thailand is advancing its renewable energy sector with ambitious targets and new opportunities in solar, wind, and sustainable energy technologies. This article from the Bangkok Post explores Thailand’s latest efforts and the roadmap ahead for the APAC region. By 2030, solar capacity in Thailand is projected to grow by approximately 3 GW, reflecting a compound annual growth rate (CAGR) of 8.3%. Most of this expansion is expected to take place in Central and Northeastern Thailand, regions favored for their drier climate and availability of suitable land. Solar projects will largely include battery storage requirements, in line with tenders issued by the Energy Regulatory Commission (ERC) and the Energy Policy and Planning Office (EPPO). Private investors are showing a strong preference for small-scale projects under 30 MW, which offer potential internal rates of return (IRR) of up to 8%. At NEFIN, we are excited to participate in the new opportunities, providing sustainable energy solutions that align with Thailand’s green goals. Contact NEFIN at [email protected] to find out how we can collaborate in Thailand. Link: https://lnkd.in/gJRbvyZg #NEFIN #achievingcarbonneutralityforyou #ThailandEnergy #RenewableEnergy #SustainableFuture #EnergyTransition
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A must-read for Southeast Asia! 🌏 Just released: Electricity Market Design in Southeast Asia: Harnessing Opportunities for Renewable Energy Growth in Indonesia, Thailand, Viet Nam, and the Philippines. This report highlights how policy and regulatory reforms can unlock the tremendous potential of solar and wind energy across the region. Get an in-depth look at the barriers to renewable energy growth, with actionable solutions to accelerate the clean energy transition. Discover key steps for designing de-risking mechanisms, improving planning certainty, and adapting power purchase agreements to enhance system flexibility. Download the report 🔗 https://lnkd.in/gNmHXjKM Read the press release 🔗 https://lnkd.in/gWBMZk8a #CASEforSEA #RenewableEnergy #SoutheastAsia #EnergyTransition #PowerMarketDesign #Investment #NewReport CASE for Southeast Asia Agora Energiewende NewClimate Institute Energy Research Institute – Chulalongkorn University
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Check our recently published report on scaling #renewables in key #ASEAN economies here: https://lnkd.in/gjcXRKqc Dimitri Pescia Gustavo De Vivero Phimsupha Kokchang Christine Juta Suttida (Nok) Vanaphongsai Chetna Hareesh Kumar
Tripling renewable energy in Southeast Asia by 2030 is ambitious, but achievable with key reforms. Bold policy action in the region's main power system can unlock renewables investment and accelerate the clean energy transition. These are the key findings of our recent report 'Electricity Market Design in Southeast Asia: Harnessing Opportunities for Renewable Energy Growth in Indonesia, Thailand, Viet Nam and the Philippines', which was presented in our webinar yesterday. Developed in collaboration with NewClimate Institute, Energy Research Institute – Chulalongkorn University, and published as part of CASE for Southeast Asia, the report addresses key market and regulatory barriers and offers practical recommendations to accelerate the deployment of solar and wind energy in the region. 🔑 Key Insights: ✅ Strategies to attract renewable investments ✅ Essential power system design updates ✅ Steps for grid reliability and sustainability Explore the full report here: https://lnkd.in/gSXBhGPF #AgoraEnergiewende #CASEforSEA #SoutheastAsia #EnergyTransition
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To reach ambitious climate targets, Southeast Asia’s power sector must overcome key barriers to renewable energy development. Our latest report, Electricity Market Designs in Southeast Asia, examines the critical steps Indonesia, Thailand, Vietnam, and the Philippines can take to accelerate the clean energy transition. Download 'Electricity Market Designs in Southeast Asia: Harnessing Opportunities for Renewable Energy Growth in Indonesia, Thailand, Viet Nam, and the Philippines' and discover actionable strategies to: ✅ De-risk solar and wind investments ✅ Improve planning certainty ✅ Reform power purchase agreements ✅ Phase out coal and gas power justly with "Retire, Reserve, Repurpose" 🔗 Download the full report here: https://lnkd.in/gNmHXjKM #EnergyTransition #RenewableEnergy #CleanEnergy #SoutheastAsia #SIPET
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Tripling renewable energy in Southeast Asia by 2030 is ambitious, but achievable with key reforms. Bold policy action in the region's main power system can unlock renewables investment and accelerate the clean energy transition. These are the key findings of our recent report 'Electricity Market Design in Southeast Asia: Harnessing Opportunities for Renewable Energy Growth in Indonesia, Thailand, Viet Nam and the Philippines', which was presented in our webinar yesterday. Developed in collaboration with NewClimate Institute, Energy Research Institute – Chulalongkorn University, and published as part of CASE for Southeast Asia, the report addresses key market and regulatory barriers and offers practical recommendations to accelerate the deployment of solar and wind energy in the region. 🔑 Key Insights: ✅ Strategies to attract renewable investments ✅ Essential power system design updates ✅ Steps for grid reliability and sustainability Explore the full report here: https://lnkd.in/gSXBhGPF #AgoraEnergiewende #CASEforSEA #SoutheastAsia #EnergyTransition
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• COO • Source Of Asia • Active Member of Globallians • Member of OSCI
𝗩𝗶𝗲𝘁𝗻𝗮𝗺’𝘀 𝗥𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲 𝗘𝗻𝗲𝗿𝗴𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝘃𝗶𝘁𝗮𝗹𝗶𝘇𝗲𝗱! 🌱🚀 After seven years, Vietnam has finally turned its green light on direct renewable sourcing, allowing businesses to buy green energy directly from power generators. This landmark decision will boost the country's clean energy market and support its decarbonization goals. Here are the key highlights: 🔋 𝗡𝗲𝘄 𝗗𝗣𝗣𝗔 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀 enable businesses to buy renewable electricity directly, breaking the state utility's monopoly. 🌞 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗮𝗿𝗲 𝗳𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝗶𝗻, with companies like Nami Distributed Energy receiving a $10 million boost from Clime Capital. 🏭 Factory rooftop solar players can now 𝘀𝗲𝗹𝗹 𝗲𝘅𝗰𝗲𝘀𝘀 𝗽𝗼𝘄𝗲𝗿 𝗯𝗮𝗰𝗸 to the grid, benefiting businesses and local communities. ⚡️ Despite the excitement, 𝗰𝗼𝗻𝗰𝗲𝗿𝗻𝘀 𝗮𝗯𝗼𝘂𝘁 𝗩𝗶𝗲𝘁𝗻𝗮𝗺'𝘀 𝗽𝗼𝘄𝗲𝗿 𝗴𝗿𝗶𝗱 𝗰𝗮𝗽𝗮𝗰𝗶𝘁y remain, with calls for investment in grid infrastructure and battery storage to handle the increased renewable load. With over two-thirds of Southeast Asia’s solar and wind capacity, Vietnam is poised to become a regional leader in the energy transition. The future looks bright for renewable energy in Vietnam! 🌍 #Vietnam #RenewableEnergy #CleanEnergy #Sustainability #Investment #GreenEnergy #SolarPower #WindEnergy #EnergyTransition
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#AEInsights 🌏 Southeast Asia is stepping up its clean energy efforts, with nations like Viet Nam, Thailand, and Malaysia emerging as key players in solar PV manufacturing, after China. Since 2019, the region has generated over 85,000 jobs in the renewable sector, cementing its role in the global clean energy supply chain. However, the shift to renewable energy isn’t the same across ASEAN. Countries rich in water resources, like Laos and Cambodia, lead with high hydro-powered energy shares, while others, such as Vietnam, have diversified into solar energy—now contributing nearly 43% of the country’s electricity. 🌱 The IEA projects that the region's energy demand expected to nearly double by 2040, driven by economic growth and industrial expansion, it’s crucial for ASEAN nations to accelerate their clean energy transition, which is vital for both economic growth and environmental sustainability. In the mean while, this shift represents a multi-billion-dollar opportunity for investment in solar, wind, and hydropower projects, transforming the region’s energy landscape. . #RenewableEnergy #ASEAN #CleanEnergy #Solar #Hydropower #EnergyTransition #AESOLAR #Germanquality
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Last Friday, we proudly broke ground on a transformative $40 million renewable energy facility in Khorgos, Kazakhstan - a significant step forward in our mission to drive sustainable energy solutions globally. This state-of-the-art facility will: ✅ Produce 2 GW of wind turbines (250 units annually) ✅ Deliver 1 GWh of energy storage systems (100 units annually) ✅ Create over 3,000 jobs, empowering local talent and fostering economic growth ✅ Collaborate with universities to customize products for Kazakhstan’s unique needs Following last month’s agreement with our esteemed partners, Kazakhstan Utility Systems LLP, and with the full support of the Kazakhstan government, this project will contribute to the country’s carbon neutrality goals for 2060. 60% of production will serve the local market, while 40% will be exported to Central Asia and the Caucasus. We’re honored to play a role in advancing Kazakhstan’s renewable energy ambitions, creating lasting impact through innovation, sustainability, and collaboration. Here’s to powering a brighter, greener future together! #RenewableEnergy #Sustainability #EnergyInnovation #WindEnergy #EnergyStorage #Kazakhstan #EnergyTransition #LocalManufacturing #EnvisionEnergy #KKC
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