solar power

Update news solar power

Ministry of Industry reviews 154 solar power projects with investigation agency

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.

Expert: there is no cheap clean electricity

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.

Vietnam’s power plan update on hold for 154 solar projects under investigation

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.

Economists urge new legal framework for green economy

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 sells major solar asset as project shows profit turnaround

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.

MOIT 'plays safe' when drafting decree on solar power development

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.

Vietnam updates Power Plan VIII: 154 solar projects back on track

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

60 Vietnamese solar companies investigated for anti-dumping in US

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.

Early issuance of direct power purchase critical to promote foreign investment

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

Ninh Thuan to turn 2,800 hours of sunshine a year into renewable energy

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

HCM City promotes rooftop solar for local houses

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

Solar power projects unjustly enjoying preferential FIT rates: inspection

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.

Violations found in solar power planning that caused overloads in power grid

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).

Solar power projects’ fate unclear as regulations remain undecided

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.

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.

Ministry approves tariffs for 60 renewable energy projects

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 promotes installation of rooftop solar power at State offices

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

Ministry projects preferential prices for solar power in the north

The Ministry of Industry and Trade (MOIT) says that electricity prices from solar power plants in the north that sell to Electricity of Vietnam (EVN) will be higher than those in the central and southern regions.

Roadmap set for Electricity Regulatory Authority to be managed by MOIT

The government has finally determined the new status for the Electricity Regulatory Authority of Vietnam (A0).

HCM City to install rooftop solar at public offices

HCM City will start installing solar power systems on the roof of public agencies in September this year.