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Update news solar power
The American Alliance for Solar Manufacturing Trade Committee requested to investigate a number of solar battery products under HS codes 8501.61.0000, 8507.20.80, 8541.42.0010 and 8541.43.0010.
Further delay in the issuance of the direct power purchase agreement will affect the foreign investment attraction of Việt Nam.
Ninh Thuan, which has 2,800 hours of sunshine a year, plans to develop power projects using renewable energy.
HCM City has set a target of 50 percent of local houses having rooftop solar systems by 2030.
The Government Inspectorate has pointed out shortcomings and violations made by the Ministry of Industry and Trade (MOIT) after inspecting the implementation of national power development plans.
The actual invested capacity of grid-connected solar power was 8,642 MW by the end of 2020, more than 10 times the approved capacity in the revised PDP7 (850 MW) and even over twice the planned capacity until 2025 (4,000 MW).
The Ministry of Industry and Trade (MOIT) has submitted to the Prime Minister a plan on implementing the eighth power development plan (Plan 8) for approval. However, the plan doesn’t contain a list of solar power projects that have found investors.
The FIT (feed in tariff) electricity pricing policy spurred development of wind and solar power in Vietnam, but solutions to electricity purchase pricing after the FIT ended has caused policy interruption.
The Ministry of Industry and Trade had given the nod to the provisional electricity tariffs for 60 wind and solar power plants in the transitional phase, with a collective capacity exceeding 3,331MW, as of September 16.
HCM City is going to install more solar panels on the roofs of State administrative agencies and public service units.
The Ministry of Industry and Trade (MOIT) says that electricity prices from solar power plants in the north that sell to Electricity of Vietnam (EVN) will be higher than those in the central and southern regions.
The government has finally determined the new status for the Electricity Regulatory Authority of Vietnam (A0).
HCM City will start installing solar power systems on the roof of public agencies in September this year.
The Ministry of Industry and Trade (MoIT) asked VN Electricity (EVN) to propose economic solutions for 14 solar power projects enjoying the incorrect FIT pricing mechanism.
The MoIT has raised concerns over 14 solar projects in the central province of Ninh Thuan that are believed to be unjustly benefiting from preferential tariffs.
While some ministries think more investment incentives are needed to encourage the development of rooftop solar power, the Ministry of Industry and Trade (MOIT) believes there is no need to encourage this source of electricity generation.
Commenting about the draft on rooftop solar power submitted by the Ministry of Industry and Trade (MOIT), the Ministry of Planning and Investment (MPI) says the tentative mechanism won’t encourage the development of green power as expected.
Unlimited capacity, exemption from power operation licenses, various tax exemptions and reductions, access to loans are some of the incentives for rooftop solar power systems for self-consumption.
While investment in renewable power was 480 percent higher than planned, investment in thermal power sources only neared 60 percent, according to a government report.
The 450MW solar power project in Ninh Thuan province faces a dilemma: 40 percent of its capacity still cannot be sold, causing a big loss to its investor, the Trung Nam Group.