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.
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.
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.
Vietnam Electricity (EVN) has announced its power companies will stop buying rooftop solar power after December 31, 2020, to wait for further guidance from the Government.
Rooftop solar power in Viet Nam has exploded with 1,000 MWp in just two years, however, there are still many obstacles, especially policies, finance and initiatives to promote its development.
Nami Solar, Nami Energy Company’s member company providing solar power solutions, installs rooftop solar power systems for factories of two large companies in HCM City and Ba Ria-Vung Tau Province.
BCG Energy Joint Stock Company, a subsidiary of Bamboo Capital Group, and the Hepza Businesses Association (HBA) on February 24 signed a deal to develop rooftop solar power system at factories in industrial parks, export processing zones and hi-tech parks...
Viet Nam Electricity has agreed to keep the current feed-in tariff of 9.35 US cents per kWh for rooftop solar power until 2021 as recommended by the Ministry of Industry and Trade.