A number of solar power projects have been completed but cannot be put into operation because of problems in administrative procedures, especially the pricing scheme.

The amendment of the law will allow capital from many sources and optimize social resources to ensure energy security. The total capital to develop electricity generation sources is about $70-80 billion.

The Ministry of Industry and Trade recently reported to the Prime Minister on updates to the Power Development Plan VIII, as part of its ongoing review of 154 solar power projects flagged by the Government Inspectorate.

Solar power systems can generate electricity for no more than four hours a day and wind power is unstable, which means that clean electricity will not be cheap, according to Bui Xuan Hoi, a respected energy expert.

In a significant development, 154 solar power projects slated for inclusion in Vietnam's Power Development Plan VIII face delays pending the outcome of a governmental investigation.

Economist Dr Vo Tri Thanh says that greenization is a revolutionary trend that will change business models, lifestyles, investments and legal frameworks.

Trung Nam Group, struggling with significant debt, has sold its controlling stake in its largest solar project, which is now seeing a positive shift in profits.

The draft decree on solar power development compiled by the Ministry of Industry and Trade (MOIT) has been revised and supplemented many times, but problems still exist because of the perceptions of the compilers.

154 solar power projects, previously flagged for violations, will be integrated into the updated National Power Development Plan after resolving their issues.

The American Alliance for Solar Manufacturing Trade Committee requested to investigate a number of solar battery products under HS codes 8501.61.0000, 8507.20.80, 8541.42.0010 and 8541.43.0010.

Further delay in the issuance of the direct power purchase agreement will affect the foreign investment attraction of Việt Nam.

Ninh Thuan, which has 2,800 hours of sunshine a year, plans to develop power projects using renewable energy.

HCM City has set a target of 50 percent of local houses having rooftop solar systems by 2030.

The Government Inspectorate has pointed out shortcomings and violations made by the Ministry of Industry and Trade (MOIT) after inspecting the implementation of national power development plans.

The actual invested capacity of grid-connected solar power was 8,642 MW by the end of 2020, more than 10 times the approved capacity in the revised PDP7 (850 MW) and even over twice the planned capacity until 2025 (4,000 MW).

The Ministry of Industry and Trade (MOIT) has submitted to the Prime Minister a plan on implementing the eighth power development plan (Plan 8) for approval. However, the plan doesn’t contain a list of solar power projects that have found investors.

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.

The Ministry of Industry and Trade had given the nod to the provisional electricity tariffs for 60 wind and solar power plants in the transitional phase, with a collective capacity exceeding 3,331MW, as of September 16.

HCM City is going to install more solar panels on the roofs of State administrative agencies and public service units.