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Mainstream to buy stake in 405MW of solar in Vietnam Out-Law News | 01 Jul 2021 | 1:40 am | 1 min. read Wind and solar company Mainstream Renewable Power has acquired an 80% stake in Vietnam’s Technology and Development Joint Stock Company (D&T), which has three solar projects with a combined 405 megawatts (MW) of generating capacity in Dak Nong province, central Vietnam. The three projects are listed in the Vietnam government’s power development plan VII (PDPVII) which has been in development since 2019 and will be reaching financial close in 2022. Mainstream has signed a deal with Vietnam’s government to share offshore wind development knowledge for the purposes of “capacity building”, according to a statement. ....
Mainstream and Vietnam s Department of Foreign Affairs for Provinces are to stage a capacity building event to increase regional government engagement in the development of offshore wind. A Memorandum of Understanding to collaborate on the event – the second to be held by Mainstream in the country – was signed in Hanoi. DFAP director general Tran Thanh Huan ( pictured: right) and Bui Vinh Thang ( pictured: left) head of government & corporate relations at Mainstream Vietnam, sealed the agreement at a ceremony witnessed by Foreign Affairs Deputy Minister To Anh Dung and Alan McGreevey, of the Irish Embassy. Thang explained that the first capacity building event – held in 2019 and attended by more than 50 leaders from 24 provincial governments – had successfully laid the ground work for partnerships with the renewable energy sector. ....
April 28, 2021, by Nadja Skopljak Mainstream Renewable Power and Vietnam’s Department of Foreign Affairs for Provinces have signed a Memorandum of Understanding (MoU) to stage a capacity-building event to increase regional government engagement in the development of offshore wind. Source: Mainstream Renewable Power The focus of the event, which is expected to be held in the second half of the year, will be to share industry development knowledge that can unlock Vietnam’s offshore wind potential. The collaboration comes after the country’s Ministry of Industry and Trade proposed tripling wind power capacity to 18-19 GW by the end of the decade, accounting for 13% of Vietnam’s installed capacity, in its draft Power Development Plan 8 published in February. ....