Vietnam slashes electricity cost for anti-pandemic facilities
Facilities in charge of quarantining suspended and confirmed Covid-19 people are subject to the exemption of electricity bill.
Facilities in charge of quarantining suspended and confirmed Covid-19 people are subject to the exemption of electricity bill.
Rooftop solar is among components in the USAID Vietnam Urban Energy Security project worth US$14 million for 2019-2023.
Vietnam purchases power from energy plants developed by Lao and Vietnamese investors.
So far, guidelines on rooftop solar regarding policies, regulations, ways of investment, and output have been available for investors.
A transparent legal framework will ensure a proper risk-sharing mechanism among all parties.
The move is aimed to keep inflation below 3% this year.
Private investment is of much consideration in transmission network which has been a solely state job.
Renewable energy has been developing rapidly, especially in 2019, mainly due to the impact of the government's initiatives.
Vietnam’s installed capacity is set to increase to about 70 gigawatts (GW) by end-2022 (2019: 55GW), led mainly by private players and other government-owned entities.
The trade ministry is studying the Electricity Law to make clear the scope of investment of the state and the private sector in the energy industry.