Speaking Energy
As the energy industry continues to grow and change with new technologies, markets and resources, the Speaking Energy blog provides readers with key updates and insights.
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Speaking Energy
We are pleased to share a recording of Akin Gump’s mid-year energy briefing that recently took place, along with the presentation materials.
Speaking Energy
(Houston) – Akin Gump is pleased to announce it has released its “2020 Energy Year in Review,” which examines the current state of the global energy market and highlights the energy matters with which the firm was involved last year across the following areas:
- Mergers, Acquisitions & Strategic Transactions
- Capital Markets
- Financing
- Project Development
- Financial Restructuring
- Energy Litigation.
Speaking Energy
Wind power project developers were buoyed in April by the news that Vietnam’s Ministry of Industry and Trade (MOIT) had submitted Official Letter no. 2491/BCT-DL (“MOIT Proposal”) to the government, proposing to extend Vietnam’s existing Wind FIT (discussed in more detail below) until December 31, 2023. In addition, the MOIT Proposal recommends that the MOIT be mandated to propose a new feed-in-tariff that would apply to projects achieving their commercial operation date (COD) after November 1, 2021, but prior to December 31, 2023. Furthermore, the MOIT is proposing that Vietnam moves to a competitive tender and auction scheme post-2023, something that is already under discussion for the solar sector as we highlighted in our recent article on solar in Vietnam.