Fit

Latest News about Fit

Wind power: investors wait for PM’s decision on Feed-in-Tariff priceicon
FEATURE06/04/20210

Wind power: investors wait for PM’s decision on Feed-in-Tariff price

The Feed in Tariff (FIT) price of VND2,000 per kwh will expire in seven months, but the price for the next period has not been fixed yet.

 
Wind power investors warned about risks of overdevelopmenticon

Wind power investors warned about risks of overdevelopment

FEATURE
21/03/2021

Many wind power projects are being developed at a time when the transmission line has become overloaded. As a result, there could be difficulty selling power.

In wind-power metropolis, land is as expensive as goldicon

In wind-power metropolis, land is as expensive as gold

FEATURE
19/03/2021

In Huong Hoa, called the "wind-power metropolis" of Vietnam, one sao (1 sao = 360 square meters) of hilly land is priced at VND4 billion.

Solar power developers' capacity still not fully used upicon

Solar power developers' capacity still not fully used up

FEATURE
12/03/2021

The Feed-in-Tariff (FIT) of over VND2,000 per kwh, or 9.35 cent, has encouraged many investors to pour money into solar power. However, they have fallen into a dilemma because of unforeseeable problems.

Vietnam to prepare for solar power boomicon

Vietnam to prepare for solar power boom

BUSINESS
04/03/2021

The proportion of solar and wind power projects in the entire national electricity system is expected to increase, requiring thorough preparation because of the instability of these power sources, experts have said.

Tens of billions of dollars poured into gas-fired power plantsicon

Tens of billions of dollars poured into gas-fired power plants

FEATURE
07/02/2021

Gas-fired thermal power is catching the attention of foreign and domestic investors, now that Vietnam plans to stop new coal-fired power projects, according to the eighth national power development plan.

Government to have new policy on purchase of solar power soonicon

Government to have new policy on purchase of solar power soon

BUSINESS
10/01/2021

At present, the cost of solar power panels has cooled down, so shortly, the MoIT would suggest the purchasing price of solar power without using feed-in tariffs (FITs).

Rooftop solar power saw tremendous growth in 2020icon

Rooftop solar power saw tremendous growth in 2020

FEATURE
04/01/2021

Over 100,000 rooftop solar power works with total capacity of 9,300 MW were connected to the national grid by December 31, 2020.

The many risks energy service companies may encountericon

The many risks energy service companies may encounter

BUSINESS
06/12/2020

Energy service companies (ESCOs) are facing numerous risks since the regulatory framework for their sector is both incomplete and patchy, according to industry insiders.

Wind power developers worried about low electricity priceicon

Wind power developers worried about low electricity price

FEATURE
05/12/2020

The Ministry of Industry and Trade (MOIT) has proposed continuing the FIT (feed in tariff) for wind power, but lowering the tariff by 20 percent, causing concern among wind power developers.

Wind power: Ministry wants to extend FIT policyicon

Wind power: Ministry wants to extend FIT policy

BUSINESS
17/11/2020

Following a proposal by 10 provinces, the Ministry of Investment and Trade (MOIT) wants to extend the deadline for FIT (Feed in Tariff) application because many wind power projects cannot become operational prior to the given date.

Rooftop solar power popular in southern provincesicon

Rooftop solar power popular in southern provinces

BUSINESS
18/10/2020

According to the Electricity of Vietnam (EVN), the total capacity of rooftop solar power projects in southern provinces now makes up 60 percent of its total solar power capacity nationwide.

Solar power: projects line up, policy under considerationicon

Solar power: projects line up, policy under consideration

FEATURE
12/10/2020

Tens of solar power projects are awaiting to be added to the list of power generation projects to be developed. Meanwhile, ministries are still discussing the new pricing mechanism after the preferential FIT expires.

APV could be feasible in Vietnam with the right lawsicon

APV could be feasible in Vietnam with the right laws

FEATURE
30/09/2020

APV, or Agriculture Photovoltaic system, is becoming increasingly popular around the world. It could be a feasible model in Vietnam if the government sets a reasonable legal framework to develop it.

Low price scheme disappoints rooftop solar-power developersicon

Low price scheme disappoints rooftop solar-power developers

BUSINESS
28/08/2020

As of August 23, 45,299 rooftop solar power projects had become operational with total capacity of 1,029 MWp, according to the Electricidty of Vietnam (EVN).

Solar power investors fear they may not be able to enjoy preferential FITicon

Solar power investors fear they may not be able to enjoy preferential FIT

BUSINESS
27/08/2020

Covid-19 and the slow implementation of power transmission projects may make it impossible for solar power projects to connect to the national grid by the end of the year.

Renewable energy market picks up as many projects put on saleicon

Renewable energy market picks up as many projects put on sale

BUSINESS
14/07/2020

As wind and solar power project developers now can enjoy a high FIT (feed in tariff) price, investors are registering more projects to resell for profit.

Vietnam draws up roadmap to eliminate monopoly in power sectoricon

Vietnam draws up roadmap to eliminate monopoly in power sector

BUSINESS
06/07/2020

A solution for the power industry has been put into discussion: selling entire power plants to investors after they are put into operation.