Excess rooftop solar power can be sold to the national grid at no more than 20 per cent of the installed capacity, according to a new Government decree on encouraging self-produced and self-consumed rooftop solar power issued on Tuesday.
CME Solar Investments Joint Stock Company (CME) and Vista Global, a subsidiary of Samsung C&T, have inked a joint venture agreement to expedite rooftop solar power development in Việt Nam.
SK Ecoplant is working on rooftop solar projects totalling nearly 7 megawatts in the industrial areas of Đồng Nai and Bình Dương provinces in the South as well as Hải Phòng City in the North.
The installment and use of rooftop solar power in industrial zones is still struggling due to the lack of detailed regulations and incentive policies to encourage investment.
The power can still be connected to the national grid but transmission can only priced at VNĐ0, a requirement that has sparked controversy with opponents saying the policy is counterproductive as a way of encouraging the public and businesses to participate.
According to ADB, rooftop solar is an emerging form of renewable energy supply in Việt Nam and its adoption in this sector has been hindered by a high upfront costs and limited financing channels.
Việt Nam News interviews with Nguyễn Khắc Văn, Deputy Head of the Hà Nội Department of Industry and Trade’s Energy Management Division about Hà Nội''s potential for harnessing renewable energy sources in industrial production.
Asia Clean Capital Vietnam (ACC Vietnam) and Universal Alloy Corporation Vietnam (UACV) recently signed a 15-year power purchase agreement and kicked off the rooftop solar PV project with a capacity of 4.3 MWp.
VinaCapital Group announced on October 14 that EDF Renewables, an international leader in renewable energy, has made a significant investment in its subsidiary SkyX Energy, a rooftop solar power developer.
Solar experts have raised difficulties and problems in policies and procedures for investment, installation and operation of solar power systems in Viet Nam at a seminar.