Vietnam has been step by step switching from coal-fire thermopower to renewable power.

Many households and enterprises in Vietnam have proposed continuing the solar power purchasing price at 9.35 cent per kwh, as applied before June 30.

In the context of a serious electricity shortage, importing electricity from China is unavoidable.

Since 2017, Vietnam has had an attractive feed-in tariff (FiT) rate of 9.35 US cents per kilowatt hour for grid-connected solar projects.

The solar power boom in Vietnam is bringing benefits for Chinese suppliers and contractors in engineering, procurement, and construction participating in the value chain, but are urged to be cautious in choosing suitable and reliable partners.

Despite bankability concerns in power purchase agreements, investing in solar power is a new boom in Vietnam as developers, original equipment manufacturers, and contractors rush into the market thanks to the current feed-in tariff. 

Floating solar panels may just be catching on in Vietnam, but they could be about to grab a huge slice of the country's renewable energy market.

Le Dinh Vu, owner of a home decor store in HCM City’s Thu Duc District, spent nearly VND50 million (US$2,155) to install solar panels on the roof of his newly built house.

As a country with abundant renewable energy potential, Vietnam will have many benefits when shifting early to develop clean energy.

Solar power is booming in Vietnam, but the output is not high enough to satisfy domestic demand.

Private capital is the best solution for upgrading of power transmission lines, which have traditionally been funded by the state.

With limitless potential, solar power is expected to become the solution for Vietnam to ease reliance on fossil fuel. However, after four years of mass deployment, many problems have arisen, including environmental risks.

Vietnam is among the top energy consumption countries in the region and the world. Hence, it’s never better to cutting down energy consumption and mull over solutions for efficient use of energy.

The preferential electricity purchase price of 9.35 cent per kwh expired one month ago, but the new price has not been fixed.

The Mekong Delta province of Soc Trang has risen to an attractive destination for investors in renewable energy, especially wind power.

The US Department of Commerce (DOC) has initiated new antidumping duty (AD) and countervailing duty (CVD) investigations into utility scale wind towers from Vietnam, along with Canada, Indonesia and the Republic of Korea.

Lured in by the feed-in tariff of 9.35 US cents for solar projects, investors are lining up for approval to generate gigawatts of power in the central provinces of Vietnam where solar irradiation is the strongest.

Prime Minister Nguyen Xuan Phuc has tasked the Ministry of Industry and Trade with reviewing media reports that many solar farms are operating below capacity due to the national grid overload.

Responding to the state’s call, private investors have poured money into renewable power projects, but problems remain.

With 88 solar and wind power plants going to join the national grid by June, Vietnam’s renewable energy industry is taking shape.