Solar Power

With a long coastal line of 3,200 kilometers and an average East Sea wind speed at 6m/s and height of 65m, Vietnam has huge potential for wind energy development.

Developing renewable energy sources are a priority of the National Power Development Plan VIII.

More loans have come to wind and solar power projects recently.

All projects honored this time are those that have been evaluated in terms of stability, efficiency, as well as contributing to environmental protection and creating jobs.

The new feed-in-tariffs will be valid for 20 years.

Vietnam still has attraction for investors in solar power projects, according to the latest white paper focusing on the development of solar PV.

Vietnam's solar power sector holds much potential thanks to rising demand and a supportive regulatory framework.

The program will help to address Vietnam’s increased demand for energy and promote inclusive growth by strengthening the enabling environment for the private sector.

The auction aims to balance the development of solar farms in the country, avoiding overload of the power transmission network in the central region.