Vietnam: Rooftop Solar Installed Capacity Exceeds 9.5 GW
Vietnam Reports 9.5 GW Installed Rooftop Solar PV Capacity Till January 5, 2021—Exceeding 1 GW Target 5 Years Ahead Of Scheduled 2025 Date—Thanks To Rush To Avail Attractive Feed-in-Tariff Before December 31, 2020 Deadline
Till January 5, 2021, Vietnam’s installed rooftop solar PV capacity reached 9,583 MW with 101,996 installations, according to Electricity of Vietnam (EVN). This capacity fed 1,337,093 MWh to the grid till the end of the reporting period.
ADB Suggests Vietnam To Raise FIT For Solar
For Vietnam To Encourage Private Sector Investment In Renewables, Asian Development Bank Suggests Increase In Solar FIT To $0.15/kWh
In April 2017, Vietnam introduced incentives for large-scale solar power projects and assured $0.0935 per kWh of FIT for such projects for a 20-year period if these come online by June 30, 2019.
