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Update news vietnam's power industry
As wind and solar power account for an increasing share of Vietnam’s electricity mix, the country faces a growing need for flexible power sources that can maintain grid stability when renewable generation fluctuates with weather conditions.
Vietnam could face a power capacity shortfall of nearly 14 GW by 2030, yet most planned LNG power projects remain stuck in pre-investment stages, raising pressure to remove financing and infrastructure bottlenecks.
The Government’s Decree 243/2026/ND-CP, dated June 26, 2026, spells out new rules under the Law on Electricity for developing renewable and new energy.
More than 130,000 rooftop solar systems have been installed nationwide, supplying 6.6 billion kWh of surplus electricity to the grid in the first seven months of 2026.
The Southeast region is accelerating the shift towards green and smart industrial parks, seeing the transformation as a key lever to boost competitiveness, attract high-quality investment and secure sustainable growth.
A company in Quang Ninh has cut its monthly electricity bill by VND5-6 billion by investing roughly VND150 billion to install 20 MW of rooftop solar power, The rooftop solar trend is expanding rapidly, from industrial zones to private households.
Solar power has become a booming trend as residents rush to invest in installations. In Northern Vietnam alone, over 10,000 rooftops are now covered with solar panels.
Lam Dong province have approved in-principle two solar power projects worth more than 5.7 trillion VND (about 218.5 million USD), adding 280 MW of capacity and over 540 million kWh of clean electricity annually to the national grid.
Eight years after the adoption of Resolution No. 36-NQ/TW, offshore wind is emerging as a key driver of Vietnam's green marine economy and modern maritime industries.
The debate over battery storage is becoming central to Vietnam's energy transition as policymakers weigh higher investment costs against long-term grid benefits.
Lawmakers and industry officials are pushing for a more open electricity market to support green energy development and attract high-tech investment.
The widening gap between economic growth and power usage in Vietnam reflects deeper structural shifts.
The Ky Anh wind power plant project has been approved for development across the communes of Ky Xuan, Ky Anh, and Ky Khang in the central province of Ha Tinh, covering both land and offshore areas.
The Ministry of Industry and Trade has released more details about the VND2-3 million cash support for households installing self-produced, self-consuming rooftop solar and the loan support scheme at 8.3 percent/year interest.
Vietnam’s renewable energy adoption is gaining momentum as a key pillar of sustainable development, energy security, and its pledge to achieve net-zero emissions by 2050.
In addition to direct financial support of VND2-3 million, the Ministry of Industry and Trade has proposed that households installing rooftop solar systems receive loans with specific subsidized interest rates and defined overdue interest rates.
The project is a result of the strategic Vietnam – Japan partnership in clean energy development.
A lack of large-scale energy projects in the past decade, combined with regulatory gridlock and pricing caps, is threatening Vietnam’s ability to meet rising electricity demand by 2030.
The National Power Transmission Corporation (EVNNPT) is accelerating two key 220 kV transmission line projects - Tuong Duong–Do Luong and Do Luong–Nam Cam - to strengthen power supply in Nghe An province and enable electricity imports from Laos.
Officials explain the benefits and safety reasons behind the registration requirement for rooftop solar panels.