New tactics in tow for sticky solar situation

New tactics in tow for sticky solar situation

Learning from the lessons of the previous feed-in tariffs that caused the domestic solar power market to be oversupplied, the Ministry of Industry and Trade is currently drafting a new policy to lay the foundation for a more sustainable development approach in the sector.
US dumping allegations threaten solar exporters

US dumping allegations threaten solar exporters

While the market for solar panels and cells is booming amid the escalating climate change and energy demand, some exporters in Vietnam could be facing trade remedy actions if the US Department of Commerce deems them part of a larger scheme by Chinese producers allegedly trying to circumvent antidumping rules.
Singapore leading M&A rankings

Singapore leading M&A rankings

Singapore is continuing to take a lion’s share of Vietnam’s mergers and acquisitions scene in 2021 despite the myriad of regional challenges.
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.
FiT for rooftop solar to drop 30 per cent

FiT for rooftop solar to drop 30 per cent

The new FiT for rooftop solar may be set at 5.3-5.8 US cents per kWh, instead of the 8.38 US cent that was applied to projects starting before the end of 2020.
Malaysia's Tenaga makes foray into Vietnamese solar market

Malaysia's Tenaga makes foray into Vietnamese solar market

TNB Renewables Sdn., Bhd. will acquire 39 per cent in a 21.6MW project comprising of five rooftop solar plants in Vietnam from Singapore’s Sunseap Group.
Grand opening of 10MWp Song Binh rooftop solar farm in Binh Thuan

Grand opening of 10MWp Song Binh rooftop solar farm in Binh Thuan

Song Binh rooftop solar farm was officially put into operation, adding a total power output of 10MWp a year to the national grid.    
Booming solar power: signal for worry or delight?

Booming solar power: signal for worry or delight?

Vietnam’s rooftop solar sector has broken a record for its installed capacity within one year, with the country adding roughly 9,000 megawatt peak before December 31 for the second-round feed-in tariff.
New energy renewable and efficiency model applied at Tan Son Nhat Airport

New energy renewable and efficiency model applied at Tan Son Nhat Airport

Copper Mountain Energy JSC has inaugurated the first phase of its rooftop solar power project at Tan Son Nhat International Airport's cargo terminal.
Quickfire tactics smash solar rooftop targets

Quickfire tactics smash solar rooftop targets

Rooftop solar installation figures are five years ahead of schedule in Vietnam, thanks to intensive and short-term focus on policy as well as fewer investing barriers in issues such as technical standards.
Prioritising a national renewables plan

Prioritising a national renewables plan

With breakthrough provisions on national energy development, Vietnam’s National Energy Development Strategy towards 2030 and with a vision until 2045 will open up enormous opportunities for the private sector to participate in energy development.
US supports Vietnam to advance clean energy deployment

US supports Vietnam to advance clean energy deployment

USAID Vietnam Urban Energy Security project and EVN partnered up to support EVN’s efforts to expand Rooftop Solar (RTS) energy generation in Vietnam.
Nearly 5,500 rooftop solar projects developed in Dak Lak

Nearly 5,500 rooftop solar projects developed in Dak Lak

Almost 5,500 rooftop solar projects with a combined design capacity of 580.5 MWp have been developed in the Central Highlands province of Dak Lak, according a representative from Vietnam Electricity (EVN)’s Central Power Corporation.
Overhauling Vietnam’s solar prospects

Overhauling Vietnam’s solar prospects

The Ministry of Industry and Trade’s Circular No.18/2020/TT-BCT on project development and the standard form of power purchase agreements is a positive move that brings about new prospects for rooftop solar projects...
Vietnam home to nearly 50,000 rooftop solar projects

Vietnam home to nearly 50,000 rooftop solar projects

There are some 50,000 operational rooftop solar projects around Vietnam with a combined capacity of about 1,200 MWp, Electricity of Vietnam (EVN) has revealed.
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