Search
Sojitz Corporation, Osaka Gas, Looop Partner for Rooftop Solar in Vietnam
FY2021, as well as this project will certainly be performed together with the Vietnamese and also Japanese governments.
Sojitz Osaka Gas Energy Company Ltd.
Oct 22, 2021 // Markets & Finance News, Rooftop PV, Osaka Gas Co, Looop Inc., Sojitz Corporation, Sojitz Osaka Gas Energy Company Ltd
Vietnam Will no Longer License Mass Solar Projects
to the recent policy document published in Vietnam, EVN will no longer authorize large scale solar projects like solar parks. This decision was made after
Dec 21, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Policy, pv power plants, Asia, Vietnam, evn
Sungrow indicators 100MW C&I solar circulation manage DAT in Vietnam
representing Sungrow's very first supply contract with the representative.
Vietnam has ended up being an important Asian market for Sungrow in the last few
Jun 12, 2020 // Markets & Finance News, Asia, Vietnam, sungrow power supply co, pv string inverter, commercial and industrial solar, dat technology
China's Growatt ushers in solar inverter manufacturing facility in Vietnam
over the years, and also now we move to open this manufacturing facility in Vietnam to boost our manufacturing capability as well as reinforce our capability to
Feb 17, 2023 // Manufacturing News, China, Asia, Vietnam, Growatt
Total Solar Forays into Vietnam; Inks Pact for 3.2 MW Rooftop Solar Projects
drives down power prices over the long-term and improves budgeting. Meanwhile, Vietnam can minimize the stress on power transmission connect with co-located, tidy
Jun 12, 2020 // Plants, Large-Scale, Markets & Finance News, Rooftop PV, rooftop solar, distributed solar, Total Solar Distributed Generation, Gavin Adda, International, solar projects, Ching Luh Group
Vietnam's Dak Lak Approves 452-MW Floating Solar Plant on Reservoir
Vietnam's Dak Lak province has approved the investment policy for a 452-MW floating solar plant on the Ea Sup Thuong reservoir and named four domestic companies as investors, a provincial decision shows.
The decision, signed by Dao My, vice chairman of the Dak Lak Provincial People's Committee, covers the plant's first phase. It puts the investment at about VND 9.149 trillion ($357 million). Panels and inverters will sit on floats across about 524 ha of the reservoir, with roughly 3 ha of land for onshore works. The plan also lists a battery storage system of unstated size, a 35/220-kV substation rated at 2x250 MVA and a 6-km double-circuit 220-kV line to the Krong Buk 500-kV substation.
IPC Construction Works JSC holds the largest equity share. Its partners are Tay Nguyen Infrastructure Construction and Development JSC, SD Vietnam Construction Investment JSC and Ea Sup Investment JSC. They will put up 20% of the cost as equity and raise the rest.
Vietnam's revised Power Development Plan VIII, approved in April 2025, targets 46,459 MW to 73,416 MW of solar by 2030. It gives priority to solar on water surfaces, the Ministry of Industry and Trade said.
The project in numbers
452 MW of design capacity on about 527 ha, of which 523.9 ha is reservoir surface.
VND 9.149 trillion ($357 million) of total investment, with 20% equity and 80% borrowed or otherwise raised.
VND 20.2 billion ($790,000) per MW, battery, substation and grid line included (list.solar calculation).
0.86 MW per hectare of water surface (list.solar calculation).
46.5% of the equity comes from IPC, 21.9% from Ea Sup Investment, 16.6% from SD Vietnam and 15% from Tay Nguyen.
About 1% of the 46,459-MW low end of Vietnam's 2030 solar target (list.solar calculation).
The investors must not disturb the reservoir's water regulation, especially near the intake and spillway. Before operating, they must settle rights over part of the water surface that overlaps an existing permit. If surveys find natural forest on the site, that area must be removed from the project, Bao Dak Lak, the provincial newspaper, reported.
Next, the investors must post a deposit or bank guarantee, or lose the project. They also need land and water-surface leases and an approved environmental impact assessment. Construction is set at 18 months from the lease decision, with operation no later than the fourth quarter of 2028.
Nov 3, 2026 // Large-Scale, Floating PV, Asia, utility-scale, Vietnam, Floating solar
JA Solar to start 14-GW capacity development plan in China, Vietnam
the construction of a 2.5-GW wafer facility will be realised by JA Solar Vietnam Co Ltd in Vietnam's Bac Giang district. Planned to take about 12.5
Feb 21, 2022 // Markets & Finance News, China, JA Solar, Asia, Vietnam
JinkoSolar to open 7-GW ingot, wafer plant in Vietnam in Q1 2022
the lasting security of its worldwide supply chain.
"This center [in Vietnam] allows the use of basic material inputs from a range of countries, therefore
Sep 28, 2021 // Manufacturing News, JinkoSolar, Asia, wafer, Vietnam, ingot
Vietnam may cut FITs for large scale solar 20%
Vietnam’s Ministry of Industry and Trade has submitted a draft proposal to cut feed-in tariffs (FITs) for large scale solar projects by 20%, according to the Energy Conservation Center research institute in Ho Chi Minh City.
The draft measure proposes applying FIT levels for the whole nation rather than varying payments geographically to drive new capacity to under-served areas.
If the proposal is approved by the government, the FIT for ground-mounted large scale solar plants will be VND1,620/kWh ($0.0709). For utility scale floating solar, the payment would be VND1,758/kWh. The payment for rooftop systems would remain VND2,156/kWh, which under the previous regime applied to all PV projects.
New scheme to end by 2022
The proposed 20-year FIT rates would not include VAT, which is adjusted according to fluctuations in the exchange rate of the Vietnamese dong against the dollar. The new FITs would be applied to projects grid-connected between July 1 this year and December 31, 2021.
The old FIT of $0.0935, however, would still be applied until the end of 2021 to projects under development in Vietnam’s Ninh Thuan province, for which the Vietnamese government a year ago decided to extend the scheme, capped at 2 GW, by 12 months.
The country saw the deployment of around 5 GW of solar capacity thanks to the expired scheme, according to the authorities. Most of that capacity came online at the end of June, which was the deadline under the previous system for connecting a plant and securing a FIT contract.
With electricity demand growing at an annual rate of around 10%, Vietnam needs to add 3.5-4 GW of new power generation capacity per year.
Sep 25, 2019 // Tariffs, Rooftop PV, Floating PV, Asia, rooftop PV, Vietnam, floating
Vietnam's short-term solar outlook hurt by regulatory uncertainty as well as network capacity, grid requires US$ 32.9 bn in investment by 2030
report, released the other day (3 March), comes after Vietnam's federal government said its scheduled 18.4 GW of solar capacity for the 2021-2030 duration is "too
Mar 7, 2022 // Markets & Finance News, Asia, fitch solutions, Vietnam, regulation, grid connections, grid capacity, grid infrastructure, grid upgrades, national power development plan, regulatory issues
Vietnam eyes divided self-consumption as well as export repayments in feed-in tariff follower plan
supervisor of the electrical power and also renewable resource department of Vietnam's Ministry of Industry as well as Trade as having actually given brand-new
Sep 2, 2021 // Markets & Finance News, Grids, Policy, Asia, Vietnam, feed-in tariff
JV agreement worth US$ 200m signed for 250MW of rooftop solar projects in Vietnam
pair are targeting commercial units in Vietnam that desire low-priced renewable resource in order to be in line with Vietnam's climate goals, that include
Jan 26, 2022 // Markets & Finance News, Rooftop PV, Asia, Vietnam, joint venture, Nami Solar, SK Ecoplant
Vietnam's 'durable' renewables development backed by climbing capitalist rate of interest
getting to a total amount of 25GW by the end of the years.
Fitch stated the Vietnamese government "continues to be very devoted" to improving the nation's
Nov 30, 2020 // Plants, Markets & Finance News, Asia, fitch solutions, Vietnam, feed-in-tariff, curtailment, south east asia, grid curtailment
Vietnam's draft PDP8 has failed to recognize the need of creating a much more flexible system that can accommodate a transforming modern technology mix
organizers successfully evaluated the dynamism of renewable resource in Vietnam's fast-growing market," claims report author IEEFA Supervisor of Energy
Mar 11, 2021 // Policy, Market Research, Asia, coal, Vietnam, policy, IEEFA, renewables, PDP8
Vietnam could keep FITs for 3 GW of accepted massive PV projects
Vietnam's Ministry of Industry and also Trade (MoIT) sent out a record to the federal government on Tuesday in which it suggests keeping feed-in tolls for massive PV projects, as opposed to changing to public auctions, according to law office Lexcomm Vietnam.
The proposition negates the MoIT's very own suggestion in very early December, when it stated that assistance for massive solar needs to be given through purchase workouts from this year-- noting a clear change far from earlier assurances to reboot its FIT plan.
According to Lexcomm, the MOIT is currently advising the federal government to preserve a FIT of $0.0709/ kWh for ground-mounted projects as well as $0.0769/ kWh for floating PV plants, however just for projects that were accepted prior to Nov. 23, 2019, presuming they come online as set up by the end of this year.
The tolls would certainly be granted to 36 projects with an integrated ability of 2.99 GW that are currently accepted for growth, the law practice stated.
Vietnamese media electrical outlets, on the other hand, have actually exposed that the MoIT's proposition is developed to stay clear of a downturn in the large PV sector, which would possibly take place if the federal government quickly took on a public auction system.
The concept of a brand-new public auction device was initially developed to sustain large solar projects that fell short to protect a FIT agreement in 2015. In mid-December, the MOIT asked local federal governments and also state-run utility EVN to put on hold brand-new authorizations for large PV projects under the FIT plan.
Concerning 135 projects with an incorporated ability of 8.93 GW have actually been accepted under the FIT program as well as around 4.5 GW of them had online by the end of June 2019, when the initial stage of the nation's solar aid plan ran out.
Feb 21, 2020 // Plants, Large-Scale, Commercial, Asia, Vietnam, FITs













