Has Vietnam’s moment in the sun finally arrived?

New solar PV installations soared for Vietnam in 2018 — at least in relative terms, they did. The nation’s cumulative installed PV capacity stood at just 106 MW by the end of 2018, according to statistics from the International Renewable Energy Agency (IRENA). That number looks paltry when stacked against regional rivals such as Thailand and the Philippines, but represents a huge jump from just 8 MW a year earlier — the approximate level at which the country’s total PV installations had languished for much of the past decade.