Vietnam will prioritise the development of renewables as the country’s government announces its ambition to invest around US$130 billion in new power plants and transmission networks over the next ten years.
AEMO: System dominated by flagship renewable duo is technically possible within five years if country acts to redesign energy market along principles of flexibility and security.
‘Market has evaporated’, says CEO of construction giant Downer after announcing group behind some of the country’s largest PV projects will no longer take on new solar contracts.
Network operator Liander publishes list of areas where requests will be temporarily held after finding PV roll-out doubled almost everywhere in its catchment area last year.
Stark warning from watchdog AEMC piles new spotlight on dangers posed by country’s embattled grid, with major investor groups lobbying against revenue-crippling power loss calculations.