Vietnamese market momentum attracts another 100 MW
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.
June’s FIT expiry may bring up to 4 GW of solar online in Vietnam
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.
