ocean energy

Vinh Son-Song Hinh Hydro Power Plant Company of Vietnam to sell 12.5 million shares

The company which is already one of Vietnam’s 10 largest listed firms has received permission to issue and additional 12.5 million shares. This effort is a step which will boost capital and allow the firm to take advantage of new opportunities in the exciting South East Asian hydro power market. The firm is currently valued at around $400 million USD and was selling at around $3.2 USD per share last week. The company runs two hydro power plants one being the 66-megawatt Vinh Son plant and the other the 70-megawatt Song Hinh plant facility,.

The company received permission recently from the government to build a 90-megawatt hydro power plant in the area between Binh Dinh province and the central highland province of Gia Lai. Vietnam along with its neighbors has been fighting increasing demand for electricity with estimates putting increase around 15% per year on average. Recent droughts have though however made power generation a difficult business.

Tags: Hydro , Wind , Electricity
Baterías con premio en la gran feria europea del almacenamiento de energía
El jurado de la feria ees (la gran feria europea de las baterías y los sistemas acumuladores de energía) ya ha seleccionado los productos y soluciones innovadoras que aspiran, como finalistas, al gran premio ees 2021. Independientemente de cuál o cuáles sean las candidaturas ganadoras, la sola inclusión en este exquisito grupo VIP constituye todo un éxito para las empresas. A continuación, los diez finalistas 2021 de los ees Award (ees es una de las cuatro ferias que integran el gran evento anual europeo del sector de la energía, The smarter E).