Decision No.13/2020/QD-TTg on encouraging mechanisms for solar power development in Vietnam sets the deadline of December 31 for solar systems of any scale to attain a certificate of delivery and enjoy the feed-in tariff 2 (FiT2) rate, 

In the first three months, EVN mobilised 2.76 billion kWh of renewable energy, including 2.31 billion kWh of solar power, signifying a 28-fold increase on-year.

Electricity of Vietnam (EVN) group has required the Ministry of Industyr and Trade (MoIT) to publish the list of grid-connected solar power projects which were added to the power planning of Ninh Thuan.

Industrial zones as well as supermarkets and large real estate developers have begun designing rooftop solar power systems for their new projects.

Vietnam saved 436,000kWh of electricity, equivalent to 812.9 million VND (34,928 USD), for one hour from 20:30 to 21:30 on March 28, in response to Earth Hour 2020, according to the National Power Dispatch Centre.

Investors are no longer rushing to pour money into solar power projects because the new solar power purchase price is considered unattractive.

The operation of hydropower dams must not have negative impacts on public security or production, the Ministry of Natural Resources and Environment has said.

More than 24,300 rooftop solar projects have been installed this month, with a total capacity of 465.8 megawatt peak (MWp).

Vietnam plans to buy more electricity from neighbouring countries, but a big loss of VND3.09 trillion is pending.

Electricity of Vietnam (EVN) have signed five contracts to buy electricity from two Lao firms in the 2021-2022 period following Prime Minister Nguyen Xuan Phuc’s approval.

With the new policy on choosing investors through bidding, the hot race of developing solar power projects is expected to cool down.

The prices of oil and coal have been decreasing, which is expected to improve the profits of power companies.

Power supply for production and domestic consumption in 2020 would be ensured, according to the Ministry of Industry and Trade (MoIT).

Vietnam has offered a very high price for solar power to attract investment in this energy segment, but the country now has to recalculate the pricing to ensure sustainable development for this renewable energy.

Vietnam's most important hydropower reservoirs are lacking a total of 11 billion cubic meters of water compared to normal levels.

The Ministry of Industry and Trade has told the authorities of cities and provinces and Vietnam Electricity Group (EVN) to stop proposing solar power projects under the feed-in tariff (FIT) program until a new decision is issued.

Vietnam Electricity Group (EVN) has denied the accusation that severe air pollution in Hanoi is mainly affected by its thermal power plants.

Bidding for electricity projects instead of using the feed-in tariff price mechanism would make Vietnam's electricity more transparent and offer cheaper consumer power prices, experts said at a conference in Hanoi on Wednesday.

The government affirms that the revocation would cause no negative effects on the national power security and public debt.

Minister of Industry and Trade Tran Tuan Anh sounded the alarm about the high risk of power shortages at a meeting earlier this week.