Government procurement price of rooftop solar battery in Vietnam

State-owned Vietnam Electricity (EVN), the nation’s sole power distributor, may purchase excess rooftop solar power from homes and offices at VND671 (2.6 cents) per kWh.
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Asia Counsel Renewable Energy Update

April 2024 This article provides an overview of the current regulatory framework for rooftop solar PV development in Vietnam, as well as the key provisions of the draft decree on policies to

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Vietnam''s Promising Solar Energy Expansion and

A few years ago, Vietnam pledged to reach net-zero emissions by 2050 during the COP26 summit in Glasgow. This commitment reflects the country''s determination to address climate change and contribute to global

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6 FAQs about [Government procurement price of rooftop solar battery in Vietnam]

What policies support rooftop solar power adoption in Vietnam?

Government policies in Vietnam that support rooftop solar power adoption include feed-in tariffs, Direct Power Purchasing Agreements (DPPA), and draft decrees that promote self-produced and self-consumed solar energy. These measures create a favorable environment for solar energy development.

How many MW is rooftop solar power in Vietnam?

As of the end of 2024, rooftop solar power in Vietnam contributed over 9,500 MW to the total installed capacity of approximately 103,000 MW. This significant growth underscores the country's commitment to renewable energy. What government policies support rooftop solar power adoption in Vietnam?

How does a rooftop solar system work in Vietnam?

According to decision 13, after registering for connection with the Vietnam Electricity Corporation or its authorised member units, rooftop solar systems connects directly or indirectly to the national power grid and invests in development, selling excess electricity to EVN, organisations and individuals.

Does Vietnam have a rooftop solar market?

The rooftop solar market in Vietnam has witnessed remarkable growth, with the total capacity for solar power reaching approximately 16,567 MW by the end of 2022. Notably, rooftop solar alone contributes over 9,000MW to this figure, underscoring the significant role of rooftop installations in the nation’s renewable energy portfolio.

Which rooftop solar systems can be developed in Vietnam?

According to the provisions of decision 13, only rooftop solar systems directly or indirectly connected to the national grid will be developed after registering for connection with the Vietnam Electricity Corporation or units authorised by the Vietnam Electricity Corporation are eligible.

Can rooftop solar systems be sold to EVN?

However, the new proposed regulations in the draft decree will almost completely shut down the consideration of rooftop solar systems as a business form because investors are not allowed to sell any surplus electricity to any other organisation or individual. If sold to EVN, the price is zero dong.

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