Deputy PM highlights incentive policies for rooftop solar power installation

Rooftop solar panels are installed at a business in Binh Duong province. (Photo: VNA)

Hanoi - Deputy Prime Minister Tran Hong Ha highlighted the importance of rooftop solar power in ensuring energy security, saying that there needs to be mechanisms and policies to encourage organisations and individuals to invest in solar power.

He made the statement while chairing a meeting held on April 10 to discuss a draft decree stipulating mechanisms and policies to encourage the development of rooftop solar power.

He said rooftop solar power is a renewable energy source that needs to be prioritised and encouraged.

He emphasised the need to mobilise resources of organisations and individuals, and take advantage of the existing transmission network.

The draft decree must include methods of rooftop solar power operation (self-production, self-consumption, linked to the national electricity system, with electricity storage equipment) as well as technological solutions to ensure the safety and stability of the base power system when connecting rooftop solar power with the grid, he said.

He said rooftop solar power, offshore wind power, biomass power and waste power are given priority for development in conditions that they meet technology, system safety conditions and have appropriate prices. Developing rooftop solar power is an economical and effective energy plan.

Procedures should be simplified for households and offices installing rooftop solar power for self-production and self-consumption, not for business purposes, except for works with special requirements regarding safety and fire prevention.

Businesses that invest in rooftop solar power for use, and at the same time install additional electricity storage equipment for sales, need to calculate reasonable prices, financial support and interest rates, he said.

According to the Ministry of Industry and Trade, rooftop solar power can be installed on houses, offices and in industrial parks for use in the form of self-production and self-consumption. It may or may not be linked to the national electricity system and is not sold to other organisations or individuals.

Do Van Nam, member of the Board of Members of the Northern Power Corporation, said businesses in industrial parks need incentives from rooftop solar power procedures and policies. Installing additional rooftop solar power requires ensuring the safety of existing buildings.

Bui Quoc Hoan, Deputy General Director of the Southern Electricity Corporation, said it is necessary to encourage businesses in industrial parks to install equipment to store unused rooftop solar power and convert it into a clean background power source, then transmit it to the grid during the evening peak at a suitable price.

According to the National Load Dispatch Centre, the power grid can remain stable and safe when renewable electricity accounts for up to 50% of total load capacity. It is possible that the power grid in the North can ensure safety and stability when the rooftop solar power capacity is maintained at 5,000-7,000MW, equivalent to the current assessment of rooftop solar power potential.

Sao Do Group and CME Solar Company to invest in rooftop solar in Nam Dinh Vu IP In pursuit of the government's sustainable development objectives, Sao Do Group and CME Solar Investment JSC (CME Solar) have joined forces to invest in a rooftop solar power system within Nam Dinh Vu Industrial Park (IP) in Haiphong.

Rooftop solar encouragement to come via policies The Vietnamese government has been requested to issue a decree encouraging rooftop solar development, with implementation of unlimited capacity requirements contingent upon advances in storage tech and investment initiatives.

Bosch Vietnam plant launches rooftop solar system In mid-December, Bosch Vietnam, in collaboration with Tona Syntegra Solar Company, celebrated the inauguration of a 1,540kWp Solar Power System at the Bosch Plant (HcP). This event represents a major step for HcP in its transition to green energy for production, aligning with the Bosch Group's commitment to sustainability.