According to the EVN, more than 4,000 households have installed rooftop solar power systems over the past three months with a total capacity of 200MW. The EVN estimated that an additional 300MW of rooftop solar power will be generated by the end of 2019.

A new rooftop solar power system installed in Hanoi.

In the context of exhausted traditional power sources, the development of renewable energy, including rooftop solar power is significant to ensuring national power security.

Vietnam had 89 wind power and solar power plants with a combined capacity of 5,038MW by June 2019, accounting for 9.5% of the nation’s total power capacity.

It is expected that about 1,000 MW of renewable energy will be connected to the national grid by the end of 2019, helping to ease power shortages.

At a recent Vietnam energy forum 2019, EVN Deputy General Director Vo Quang Lam said that developing rooftop solar power is an effective solution to reducing transmission costs and pressure of prices as well as an increase of energy usage efficiency.

Vietnam is applying a feed-in-tariff rate at 9.35 US cents per kWh for rooftop solar power which will be maintained until 2021 to encourage the sustainable development of solar power.

Vietnam’s Central and Southern regions are evaluated tohave great potential for rooftop solar power with solar radiation of 4.2 - 4.8 kWh/m2/day.

Experts said that with policies in support of the development of renewable energy and great potential, the goal of installing 100,000 rooftop solar power systems by the end of 2025 is reachable.

JA Solar project’s production value expected to hit about 10 trillion VND

(BGO) – After focusing on investment, the first phase of silicon wafer production and solar cell installation project of Chinese based JA Solar Group (in Quang Chau Industrial Park, Viet Yen district, Bac Giang province) has basically been completed. 

Rooftop solar power to be insured

Users of rooftop solar power will be insured for the first time in Vietnam under a deal among solar energy solution provider SolarBK Holdings, Bank for Investment and Development of Vietnam (BIDV), and BIDV Insurance Corporation (BIC).

Developing solar power in Vietnam

 

Construction starts on Vietnam's largest solar power plant

Construction of a solar power plant, the biggest of its kind in Vietnam, got underway in the south-central coastal province of Ninh Thuan on July 7.

Southeast Asia’s largest solar project to be built in Vietnam

The $420 million project, a Thailand-Vietnam joint venture, is set to open for commercial use in June 2019.

Source: NDO