renewables

Update news renewables

Policy needed to encourage rooftop solar-power development

Policies that encourage rooftop solar power are needed as demand has increased from households, agencies and businesses in the north, said Deputy Prime Minister Tran Hong Ha.

Rooftop solar power expected to see growth as new decree underway

According to the plan, Vietnam Electricity will pay for the surplus energy from the local solar power system to the national grid in alignment with the average market electricity price of the previous year.

MOIT refutes criticism about its attitude toward rooftop solar power

Replying to a comment that rooftop solar power policies are too changeable, the Ministry of Industry and Trade (MOIT) said that it has strictly pursued the government’s instructions to create a decree on rooftop solar power development.

NA delegation points out problems in wind, solar power development

The FIT (feed in tariff) electricity pricing policy spurred development of wind and solar power in Vietnam, but solutions to electricity purchase pricing after the FIT ended has caused policy interruption.

Investors find it difficult to raise funds for ‘dirty energy’

The investor of the 600MW Cong Thanh coal-fired power project, listed in the eighth national power development plan (Plan 8), now wants to develop a 1,500MW LNG-fired power project as it has been difficult to raise funds for ‘dirty energy’ now.

EVN to stop buying output from new rooftop solar power projects

The Vietnam Electricity Group (EVN) on December 26 announced that it would stop purchasing electricity from rooftop solar power projects developed after December 31 until the prime minister issues a new decision.

Reigniting private sector interest in renewables

Vietnam has reached new heights in renewable development over the years thanks to feed-in tariffs, however, it now faces challenges in spurring on clean energy for sustainable development.

Vietnam freshens solar sector with FIT

Vaibhav Saxena, foreign lawyer at Vietnam International Law Firm, discusses how Decision No.13/2020/QD-TTg will impact the Vietnamese solar power market.

Solar power grows 28-fold in Vietnam's energy mix

In the first three months, EVN mobilised 2.76 billion kWh of renewable energy, including 2.31 billion kWh of solar power, signifying a 28-fold increase on-year.

New FiT hike paves way for investment in biomass electricity

The feed-in tariff (FiT) for biomass power projects will range from VND1,634 to VND1,968 per kWh, exclusive of value-added tax, setting the stage for more investment in biomass electricity.

BUSINESS IN BRIEF 30/6

 Hi-tech support industry: high demand, limited supply; One-to-one deal touted for renewables; Disbursements of VND30-trillion home loan package meager; Tech renovations urged to reduce reliance on China; Singapore leads foreign investment in HCM City