The Vietnamese government has issued the long-expected FIT scheme for solar energy projects. The 20-year FIT was set at VND 2,086 ($0.091)/kWh. Furthermore, a net metering mechanism is expected to support residential PV across the country.
Government of Vietnam’s Yen Bai province teams with South Korean renewable energy developer Solkiss to finalize plans to develop 500 MW solar project at Thac Ba Lake. Solkiss will request Korean government financial assistance for the project.
Country’s Dak Lak province grants series of MoUs and licences for a raft of solar PV projects, including a reported 300 – 500 MW solar farm to be developed by U.S. power firm AES Corporation and a mooted 2 GW project by local firm Xuan Thien Daklak, reports Reuters.
The U.S. heterojunction PV cell specialist has secured initial approval to oversee construction of 200 MW of solar capacity in Binh Thuan province.