The UK Foreign & Commonwealth Office, Dragon Capital Group and HCM City's Energy Conservation Centre on Thursday announced the funding of an initiative to develop rooftop solar photovoltaic systems in HCM City and the provinces of Binh Duong, Long An and Dong Nai. — VNS Photo

HCM CITY (Biz Hub) — The UK Foreign & Commonwealth Office, Dragon Capital Group and HCM City's Energy Conservation Centre on Thursday announced the funding of an initiative to develop rooftop solar photovoltaic systems in HCM City and the provinces of Binh Duong, Long An and Dong Nai.

The systems are expected to produce clean and reliable energy.

The UK Government has allocated 1.1 million pounds (US$1.5 billion) to fund projects in Viet Nam through the Prosperity Fund in the 2016-17 financial year.

Technical support will be offered to selected rooftop solar power systems to conduct pre-feasibility studies, solar radiance resource measurement and financial viability evaluation.

The Solar Hub will gather data from existing sites to build a database of solar information accessible to the Government, suppliers, consultants and businesses wishing to generate solar energy.

Assessment of legal and licensing implications of the Government's draft Solar Decision will be one of the project activities.

The findings and case studies will be published on a solar-dedicated website for public access and shared with city and provincial governments to support policy in promoting solar energy.— VNS