Geothermal News

For the past 15 years, Vietnam has enjoyed enviable gross domestic product increases, averaging 7% annually. That kind of economic growth increases power demand, but financing new capacity remains a challenge. Reaching its ambitious capacity growth goals will require Vietnam to expand its financing and vendor base, attract foreign investment, and ensure future fuel supplies in a region thick with competition for those resources....

Of the $35.9 billion in loan guarantees awarded by the U.S. Department of Energy (DOE) since 2009, roughly $26.5 billion have financed nuclear and renewable power projects across the nation through the Section 1703 and 1705 loan guarantee programs....