The capacity is made up of two 50 MW projects, one of which made the deadline to connect before Sunday and benefit from Vietnam’s generous feed-in tariff. Though the fixed payment has now expired, the market could continue to develop thanks to high energy demand and excellent irradiation.
Although only four PV plants with a combined capacity of 150 MW were grid connected by mid-April, the Vietnamese government expects another 88 FIT-entitled solar facilities to come online by the end of next month. By Sunday, 34 projects with a combined capacity of 2.2 GW had already arrived on top of the mid-April connections.
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