New draft document on solar power projects to be filed - News Summed Up

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New draft document on solar power projects to be filed


— Photo evn.com.vnHÀ NỘI — A draft document on solar power development will be filed to the Prime Minister for approval on December 15, local media reported. At the Vietnam Solar Power Expo 2019 on September 25-26 in Hà Nội, business executives were upbeat and excited to learn the FiT would get lower and allow companies to penetrate more into Việt Nam’s solar power sector. But questions have remained whether households that have installed rooftop solar panels would enjoy the new rates. Under the draft document, the Ministry of Industry and Trade is responsible for listing all under-construction solar power projects in which developers signed contracts before November 22, 2019. According to the State-owned power group Vietnam Electricity(EVN), there are two solar projects with commercial operation date (COD) set on June 30, 2019 and 33 projects having signed power purchase agreements (PPA) without COD recognisation.


Source: Viet Nam News December 12, 2019 02:02 UTC



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