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Vietnam
Over $13 billion in solar and wind investments in Vietnam are at risk as investors warn that proposed retroactive tariff changes could damage financial stability and erode long-term investor confidence.
Michael Bay
SolarQuarter
Korea and Vietnam signed renewable energy cooperation agreements during a bilateral summit, strengthening ties in solar, wind, and storage projects. Additional MOUs cover nuclear energy human resource development and critical mineral supply chains. Backed by a USD 12 million program, the initiatives aim to accelerate Vietnam’s energy transition and deepen economic partnership.
Vietnam’s direct power purchase agreement (DPPA) model is advancing as corporates adopt green energy. VinEnergo will supply rooftop solar-plus-storage systems to Vingroup factories, while KN Holdings and Samsung C&T plan 864 MW floating solar projects. Both initiatives highlight DPPA’s growing role in driving Vietnam’s corporate decarbonization and net-zero ambitions.
Vietnam’s Hoa Sen Group has partnered with Singapore’s SP Group to deploy a Cooling-as-a-Service (CaaS) system and 17.6MWp of rooftop solar across two major steel plants. The initiative will cut cooling electricity use by over 30% and reduce emissions by 14,000 tons annually. It supports Vietnam’s 2050 net-zero target through energy efficiency and clean energy adoption.
Keppel and the Asian Infrastructure Investment Bank (AIIB) have partnered to facilitate up to US$1.5 billion in sustainable infrastructure investments across Asia-Pacific by 2030. The five-year collaboration will target green, tech-enabled projects in energy, transport, and urban services, addressing the region’s growing infrastructure needs amid rapid urbanization and digitalization.