Wednesday , November 27 2024

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Clean energy firms fear bankruptcy amid low prices

Clean energy firms fear bankruptcy amid low prices

Wind and solar energy developers are concerned they may go bankrupt as the government’s new feed-in tariffs are too low for them to make profits. Some 36 renewable energy developers who did not complete projects in time for recent 20-year incentive feed-in tariffs have asked Prime Minister Pham Minh Chinh …

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US charges Vietnamese national with crypto money laundering

A Vietnamese national has been charged by the U.S. Justice Department with money laundering and identity theft involving a cryptocurrency platform, the department announced Wednesday. International authorities have cracked down on the cryptocurrency platform ChipMixer, alleging it helped obscure the digital money trail for online drug dealers, Russian military hackers …

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