Households in Vietnam could receive up to VND 3 million ($113.9) in investment capital for home solar-plus-storage systems installed for self-consumption, or a preferential loan of up to VND 40 million, under proposals from the country’s Ministry of Industry and Trade.
South Korea’s OCI Holdings is entering the solar wafer business with a majority stake in a wafer plant in Vietnam valued at $120 million. The facility will produce solar wafers for the U.S. market.
The International Energy Agency (IEA) says the cost of capital for solar remains higher in Southeast Asian countries than it does in other emerging and developing economies.
The International Energy Agency’s latest report says solar and wind energy are well placed to meet Southeast Asia’s growing electricity demand. It adds that while additional deployment will create flexibility challenges, most countries in the region can integrate more solar and wind energy without requiring major system changes.
Fluence is significantly expanding its manufacturing footprint in Vietnam, following delays in scaling its new production facilities in the United States.
ZeroAvia says it will build a hydrogen-electric powertrain factory in Scotland to produce high-temperature proton exchange membrane (HTPEM) fuel cell systems, while Thyssenkrupp Nucera and Fraunhofer IKTS have opened the first solid oxide electrolysis cell (SOEC) pilot plant in Germany to scale green hydrogen stack production.
The Vietnamese authorities released the feed-in tariff levels for ground-mounted and floating PV plants, with or without storage.
The U.S. Department of Commerce dramatically increased tariffs on imports from Chinese solar producers operating in Vietnam after the agency concluded that China is subsidizing raw materials for its companies to use in their Vietnamese factories.
US trade officials have announced preliminary affirmative determinations for antidumping duties on crystalline solar cell imports from Cambodia, Malaysia, Thailand and Vietnam. The tariffs range from 21.31% to 271.28% depending on the company and country.
A report from the Council of Energy, Environment and Water has analyzed nine of the ten countries with the largest rooftop solar markets to offer recommendations to other economies looking to accelerate rooftop solar deployment.
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