While investment in renewable power was 480 percent higher than planned, investment in thermal power sources only neared 60 percent, according to a government report.

The 450MW solar power project in Ninh Thuan province faces a dilemma: 40 percent of its capacity still cannot be sold, causing a big loss to its investor, the Trung Nam Group.

The Government Office sent a dispatch to the Minister of Industry and Trade regarding recommendations to deal with shortcomings in building and issuance of a pricing mechanism for electricity generation of transitional wind and solar-power plants.

“It is a place where all the elements of life converges - earth, water, light and even spirituality…”

More than 4,000 solar power systems have been invested in Binh Duong Province, worth about VND12 trillion (US$51.1 million).

Dr Le Hai Hung says renewable power plants occupy much land, but environmental concerns remain controversial, and in the next 10 years, it will not be a reliable energy source for business production and people’s daily life.

The Ministry of Industry and Trade (MOIT) has asked the Electricity of Vietnam (EVN) to negotiate with solar and wind power project developers and reach agreements about electricity prices prior to March 31.

Investors have repeatedly complained that prices for clean power are too low, but the Ministry of Industry and Trade (MOIT) has said the prices for wind and solar power were set after suggestions by an independent consultancy council.

Electricity of Vietnam (EVN) has unexpectedly stopped buying 172MW of solar power from Trung Nam Thuan Nam Plant as mentioned by the National Assembly's Committee of People’s Aspirations in a February report.

The Ministry of Industry and Trade (MOIT) on January 7 issued a decision on the price framework for solar and wind power projects.

Amid global changes in energy security, sunshine and wind are free, abundant, eco-friendly natural resources, well serving the renewable energy revolution for a more sustainable and greener future.

The story about the most beautiful solar power farm in Vietnam – An Hao - in the southern province of An Giang contains extremely special values that need to be remembered.

Vietnam Electricity (EVN) proposed the Ministry of Industry and Trade reduce the purchase price of wind and solar power by 30 percent compared to the current one.

The Ministry of Industry and Trade (MOIT), which has oversight management of the electricity sector, is responsible for the supervision of proposals by Trung Nam Thuan Nam Solar Power to stop the usage of electricity without fixed pricing.

The government has chosen wind power and renewable energy in general to implement global commitments by 2050. But this is not expected to be a smooth path for a developing country like Vietnam.

Barriers stemming from the unresponsive transmission network and pricing mechanism is wasting the capacity of billions of kWh of electricity.

Power demand in Vietnam has increased by 10% per annum, which has required the country to use clean energy technologies, including rooftop solar power, to maintain high economic growth.

During a recent meeting with officials of the Sao Mai Group, Ms. Christine Gandomi, deputy director of the Program Development Office for USAID Vietnam, said: “The An Hao Solar Power Plant operates with very high efficiency.”

US President Joe Biden on June 6 announced a 24-month tax exemption for solar panels imported from four Southeast Asian countries, including Vietnam, to promote clean energy production in the country.

The Ministry of Industry and Trade (MOIT) has submitted a statement to the Prime Minister on a bidding mechanism which allows purchase of electricity from solar and wind power projects which remain unfinished.