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Solar energy storage system offers low-cost solution for Vietnam

Solar energy storage system offe Solar energy storage system offers low-cost solution for Vietnam The Solar Storage System (ESS) offers a low-cost and low-emissions solution for peak-hour power supply, helping Vietnam pursue low emissions development and ensuring economic growth, according to an expert at a workshop held in Hanoi on January 27. Illustrative image (Photo: VNA) Mark Leslie, Managing Director of the Green Investment Group at Macquarie Capital, said the solution helps integrate solar power into the grid. Energy storage is the capture of energy produced at one time for use at a later time, to reduce imbalances between demand and generation.

Hanoi envisages to become international trade hub | Business

Hanoi aims to become an Hanoi (VNA) – Hanoi will carry out an array of industry and trade development measures with a view to building Hanoi into an international trade hub in the region and the country, as well as concretising the resolution adopted at the municipal Party Organisation’s 17th congress. The municipal Department of Industry and Trade plans to lure more investments, and outline support measures and programmes to encourage businesses to land investment in modern distribution and sales systems such as shopping malls and supermarkets. It is striving to develop five regional-level wholesale centres, ten regional-level shopping malls, 12 logistics centres, 68 trade centres, 850

Solar power capacity to be cut due to oversupply | Business

A building in Da Nang city uses solar rooftop to generate power (Photo: nld.vn) Hanoi (VNS/VNA) - Nguyen Duc Ninh, Director of the National Power Regulation Centre, has said Vietnam will cut its renewable electricity capacity due to oversupply. Ninh told local media at a recent conference of the Vietnam Electricity Group (EVN) that Vietnam will cut 1.3 billion KWh of renewable energy in 2021. According to EVN s statistics, national electricity output generated from solar power in 2020 was 10.6 billion kWh, including 1.15 billion kWh from rooftop solar power, accounting for about 4.3 percent of the total output from the national electricity system.

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