Companies continue opting for rooftop solar solutions

Companies continue opting for rooftop solar solutions

After a boom period thanks to feed-in tariff incentives in Vietnam over recent years, investors and developers are keeping their faith in the country’s solar rooftop potential thanks to high demand.
New phase on horizon for solar power development

New phase on horizon for solar power development

Vietnam, a rising star in Asia in solar power development, is to slash feed-in tariffs for rooftop solar installations this month, hoping to release some of the pressure on the national power grid that was exacerbated by the previous generous tariff that lasted until the end of December, as well as to prevent fraud for solar farming.
Apt solutions sought for local solar power

Apt solutions sought for local solar power

The year 2021 will be characterised by an even bigger challenge for the authorities and developers to standardise the quality level of rooftop installations in terms of compliance to construction law, electrical standards, and fire safety, and to match grid availability and local consumption after the Vietnamese rooftop solar market skyrocketed last year.
Adapting to new solar PPA regulations

Adapting to new solar PPA regulations

Vietnam’s Ministry of Industry and Trade recently issued Circular No.18/2020/TT-BCT which provides regulations on the development of solar power projects to guide the prime minister’s Decision No.13/2020/QD-TTg issued in April on the incentive mechanism for solar power development in Vietnam. 
Solar power to boom after Decision 13

Solar power to boom after Decision 13 2

Decision No.13/2020/QD-TTg issued last week on  encouraging mechanisms for solar power development in Vietnam sets the deadline of December 31 for solar systems of any scale to attain a certificate of delivery and enjoy the feed-in tariff 2 (FiT2) rate, w