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Deputy Minister of Industry and Trade, Hoang Quoc Vuong recently stated that Vietnam had a fast speed of development of rooftop solar power systems and partly met the demand for electricity consumption.
But new investment projects are facing many difficulties and problems in fact, it highlighted.
New projects are allowed to connect with the system in areas with possibly releasing capacity in accordance with the Ministry of Industry and Trade policy. The ministry will continue creating favorable investment conditions for projects following the Decision No. 13/2020/QĐ-TTg of the Prime Minister.
Recently, The Ministry of Industry and Trade of Vietnam (MOIT) issued new Circular No. 18 replacing Circular No. 16 and drafted detailed guidelines on the development of solar power projects in Vietnam.
This followed the Prime Minister’s Decision on the new FiTs for solar power. It will come into effect from 31-08- 2020 and Developers will follow the new guidelines on the development of grid-connected solar power farms and rooftop solar systems.
Besides, it also introduces a new model of power purchase agreements for grid-connected solar farms and another for grid-connected rooftop solar systems, clarifying and updating previous Model PPAs.
Ho Chi Minh , a city in Vietnam, plans to have 1,000 MWp of solar rooftop power capacity installed by 2024 in its industrial parks, export processing zones, and high-tech parks from 700MWp now.
According to the Vietnam Electricity (EVN), around 42,187 rooftop solar power projects have been put into operation so far with a total capacity of 925.8MWp.
On June 19 HCM City Export Processing Zones and Industrial Parks Authority (Hepza), Hepza Business Association (HBA), and Electricity of HCM City (EVN) launched a program in the zones to encourage businesses to participate and to meet the goal of 1,000 MWp.