rooftop solar power
Responding to the Government's policy of encouraging the development of solar power, many businesses across the country have invested in solar power. Ironically, many investors now have to worry about debts piling up.
The Ministry of Industry and Trade (MOIT) has come to several conclusions after its review of issues related to rooftop solar power development.
To energize before December 31, 2020, to enjoy preferential prices, many enterprises in the Central Highlands had sought every way to speed up the construction of rooftop solar power projects, despite violations in land use, construction,
Prime Minister Nguyen Xuan Phuc has asked the Ministry of Industry and Trade (MoIT), localities and Vietnam Electricity Group (EVN) to review issues related to Vietnam’s solar power development.
HCM City aims to have 1,000 MWp of rooftop solar power capacity installed by 2024 in its industrial parks, export processing zones and high-tech parks, up from 700MWp now.
More than 1,000 businesses located at processing, industrial and hi-tech parks in Ho Chi Minh City are set to have solar panels installed on their rooftops in the next few years in an effort to promote green development.
Vietnam has set a target of raising renewable energy production from 58 billion kWh in 2015 to 101 billion kWh in 2020, 186 billion kWh in 2030, and 452 billion kWh in 2050.