evn spc invests in solar power plant on con dao

EVN SPC invests in solar power plant on Con Dao

The Southern Power Corporation (EVN SPC) will start building a solar power plant in July to turn Con Dao Island into "a high-quality tourist and economic zone".
hcm city steps up rooftop solar power development

HCM City steps up rooftop solar power development

Vietnam Electricity Ho Chi Minh City (EVN HCMC) on May 12 signed a memorandum of understanding on solar power development with the Bach Khoa Investment and Development of Solar Energy Corporation, the Vietnam Ecological Solutions JSC and the TTC Energy JSC.
vietnam freshens solar sector with fit

Vietnam freshens solar sector with FIT

The Prime Minister on April 6 issued Decision No.13/2020/QD-TTg on mechanisms for encouragement of development of solar power in Vietnam. Vaibhav Saxena, foreign lawyer at Vietnam International Law Firm, ventures into how the new policy, taking effect on May 22, impacts on both the market and investors.
evn wants to public list of planned solar power projects in ninh thuan

EVN wants to public list of planned solar power projects in Ninh Thuan

Electricity of Vietnam (EVN) has required the Ministry of Industry and Trade to publish the list of grid-connected solar power projects which were added to the power planning with the total cumulative capacity of not more than 2,000MW in the southern province of Ninh Thuan.
thai super energy to invest 457 million in four solar power plants in vietnam

Thai Super Energy to invest $457 million in four solar power plants in Vietnam

Thai-listed energy firm Super Energy Corporation has recently announced that it would invest in four solar power plants in Binh Phuoc province, Vietnam with the total capacity of 750MW.
ktg energy launches free solar power panel offers for businesses

KTG Energy launches free solar power panel offers for businesses

The solar power initiative of KTG Energy in industrial zones will save hundreds of thousands of dollars for businesses, as well as give them a chance to find a use for their unused roofs.
solar power to boom after decision 13

Solar power to boom after Decision 13

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, which is considered to be financially attractive. The price of each kilowatt-hour generated from ground-mounted, floating, and rooftop solar initiatives are 7.09, 7.69, and 8.38 US cents, respectively. These numbers have been viral in the investment community since last year and now they are finally confirmed.
solar power grows 28 fold in vietnams energy mix

Solar power grows 28-fold in Vietnam's energy mix

In the first three months of this year, Electricity of Vietnam mobilised 2.76 billion kWh of renewable energy, including 2.31 billion kWh of solar power, signifying a 28-fold increase on-year.
conference discusses incentives for solar power growth in vietnam

Conference discusses incentives for solar power growth in Vietnam

The Green Innovation and Development Centre (GreenID) hosted an online conference in Hanoi on April 11 on the second phase of the feed-in-tariff (FIT 2) and policies for the development of solar power in Vietnam after 2020.
new tariff scheme approved to encourage solar development

New tariff scheme approved to encourage solar development

The Government has officially decided to approve a new feed-in-tariff mechanism to encourage development of solar power in Vietnam.
ninh thuan vows to facilitate renewable energy projects

Ninh Thuan vows to facilitate renewable energy projects

The south central province of Ninh Thuan will help investors speed up the implementation of renewable energy projects, with the goal of having 2,000MW of solar power and more than 60MW of wind power connected to the grid by the end of this year, chairman of the provincial People's Committee Luu Xuan Vinh said.
new fit for solar power to take effect on may 22

New FIT for solar power to take effect on May 22

The new feed-in tariffs (FiT) for solar power will be applied at 7.09-7.79 US cents per kWh and will expire on December 31 this year.
ninh thuan to get southeast asias largest solar power plan

Ninh Thuan to get Southeast Asia’s largest solar power plan

 A 450MW solar power plant, the largest in Southeast Asia, will be built in Phuoc Minh Commune, Ninh Thuan Province.
wind power investors yearn for preferential fit deadline extension

Wind power investors yearn for preferential FiT deadline extension

Amidst mounting challenges, wind power investors are proposing authorised management agencies an extension of the current preferential pricing (feed-in-tariff) scheme to the end of 2022, instead of the current November 1, 2021 deadline.
financiers race to cash in on wind

Financiers race to cash in on wind

While Vietnam’s wind investors are in a race to reap incentives before the November 2021 deadline hits, concerns remain that a boom in solar power projects will lead to a reduction in capacities.