Vietnam had already successfully commissioned 1.5 GW of utility-scale PV at the end of May this year, and there is no sign of this slowing down, with another 2 GW teed up for June 2019. The breakneck speed in development is making Vietnam a powerhouse in the region in installed capacity, even nipping at the heels of Australia. Rystad Energy’s Minh Koi Le looks at the state of play in the Vietnamese solar market.
A 49.5 MW project developed by India’s Waaree Energies in Vietnam’s Khanh Hoa province. Post-financing project work has drawn many international EPC players to Vietnam’s rapidly growing PV market.
Image: Waaree Energies
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