Vietnam ministry retains no-payment plan for excess rooftop solar power

Vietnam ministry retains no-payment plan for excess rooftop solar power

The Ministry of Industry and Trade has retained last year’s proposal that excess power from rooftop solar systems in residences and offices be connected to the national grid without payment.

Energy - Tue, April 16, 2024 | 5:27 pm

Rooftop solar power in Vietnam: great potential but no specific policies

Rooftop solar power in Vietnam: great potential but no specific policies

Vietnam has not issued any specific policies for rooftop solar power development in the past three years despite its great potential, thereby hindering businesses, heard a forum in Hanoi on Thursday.

Energy - Fri, April 12, 2024 | 12:56 pm

Vietnam gov’t irons out incentives for rooftop solar development

Vietnam gov’t irons out incentives for rooftop solar development

The Vietnamese government is drafting a decree to stimulate the development of rooftop solar power as the country struggles to fully tap its energy potential.

Energy - Thu, April 11, 2024 | 11:11 am

UK firm Coro inks power purchase agreement with Vietnam retail major

UK firm Coro inks power purchase agreement with Vietnam retail major

UK-based Coro Energy PLC has signed an 11.2 U.S. cents per kWh power purchase agreement (PPA) with Vietnam’s Mobile World Group for a 50 MW rooftop solar power system.

Energy - Tue, March 12, 2024 | 7:13 pm

Bosch Vietnam plant unveils rooftop solar system for sustainable energy production 

Bosch Vietnam plant unveils rooftop solar system for sustainable energy production 

Bosch Vietnam and its partner Tona Syntegra Solar Company inaugurated a 1,540-kWp solar power system at the Bosch Plant (HcP) on December 15, marking a significant milestone for HcP on its journey towards adopting green energy for the production process.

Companies - Fri, December 22, 2023 | 9:21 am

Rooftop solar power can be connected to Vietnam national grid but not paid: draft decree

Rooftop solar power can be connected to Vietnam national grid but not paid: draft decree

Vietnamese households with their own rooftop solar power systems will be able to contribute any excess power to the national grid run by state utility Vietnam Electricity (EVN), but with no payment, according to a new draft decree by the Ministry of Industry and Trade.

Energy - Fri, December 8, 2023 | 1:47 pm

USAID-funded project helps Danang advance renewable energy, energy efficiency

USAID-funded project helps Danang advance renewable energy, energy efficiency

A project worth $2.7 million funded by the U.S. Agency for International Development (USAID) has helped Vietnam’s central city of Danang advance renewable energy and energy efficiency.

Economy - Wed, November 15, 2023 | 6:36 pm

Norway’s Norsk Solar signs term sheet for stake in Vietnamese firm

Norway’s Norsk Solar signs term sheet for stake in Vietnamese firm

Norsk Solar, a Norwegian independent power producer (IPP) in renewable energy, has signed a term sheet for potential purchase of a minority shareholding in “an established and growing Vietnamese IPP.”

Energy - Thu, November 9, 2023 | 4:03 pm

Vietnam lacks legal framework to incentivize rooftop solar energy for self-consumption: ministry

Vietnam lacks legal framework to incentivize rooftop solar energy for self-consumption: ministry

The Ministry of Industry and Trade says rooftop photovoltaic solar power works meant for self-consumption only are yet to be incentivized because a relevant legal framework does not exist.

Energy - Sat, November 4, 2023 | 1:30 pm

Coro Energy to install 50 MW of rooftop solar at Mobile World facilities

Coro Energy to install 50 MW of rooftop solar at Mobile World facilities

The UK-headquartered Coro Energy PLC will install 50 MW of rooftop solar at facilities operated by Mobile World Investment Corporation, one of the biggest electronics retailers in Vietnam.

Energy - Wed, October 11, 2023 | 10:59 am

Malaysia’s Solarvest installs 11 solar projects in Vietnam

Malaysia’s Solarvest installs 11 solar projects in Vietnam

Malaysia’s energy solution provider Solarvest Holdings Berhad, via its wholly-owned subsidiary Solarvest (Vietnam) Co. Ltd., has installed 11 rooftop solar projects in Vietnam.

Energy - Tue, September 26, 2023 | 10:49 am

ADB, GreenYellow sign deal for commercial and industrial rooftop solar in Vietnam

ADB, GreenYellow sign deal for commercial and industrial rooftop solar in Vietnam

The Asian Development Bank (ADB) and GreenYellow Smart Solutions Vietnam have signed a loan agreement of up to $13.8 million for rooftop photovoltaic (PV) solar systems to help increase the supply of clean and affordable energy for commercial and industrial consumers in Vietnam.

Energy - Mon, September 11, 2023 | 1:08 pm

Dutch bank FMO invests $4.5 mln in Vietnam clean energy firm

Dutch bank FMO invests $4.5 mln in Vietnam clean energy firm

Dutch entrepreneurial development bank FMO has invested $4.49 million in Ho Chi Minh City-based rooftop solar power developer GreenYellow Smart Solutions Vietnam.

Energy - Wed, August 30, 2023 | 12:06 pm

Siemens joint venture eyes stake in Coro Energy’s Vietnam rooftop solar portfolio

Siemens joint venture eyes stake in Coro Energy’s Vietnam rooftop solar portfolio

Southeast Asia-focused energy company Coro Energy says it is in talks with Capton Energy for the latter to buy into and invest in its Vietnamese solar power portfolio.

Energy - Fri, August 4, 2023 | 3:36 pm