Conference discusses incentives for solar power growth in Vietnam
The Green Innovation and Development Centre (GreenID) hosted an online conference in Hanoi on April 11 on the second phase of the feed-in-tariff (FIT 2) and policies for the development of solar power in Vietnam after 2020.
Hanoi (VNA) – The Green Innovation and DevelopmentCentre (GreenID) hosted an online conference in Hanoi on April 11 on the secondphase of the feed-in-tariff (FIT 2) and policies for the development of solarpower in Vietnam after 2020.
The event aimed to discuss the significance of designated incentivesfor the growth of solar power in Vietnam from the perspective of stakeholdersand chalk out the pros and cons of the Prime Minister’s Decision No.13/2020/QD-TTg on themechanism for encouragement of the industry in the country, according toGreenID Director Nguy Thi Khanh.
Decision No.13/2020/QD-TTg was issued last week to replace the Decision No.11/2017/QD-TTg dated 11 April 2017 which expired on June 30 last year.The new decision will be effective from May 22 this year and only valid for sixmonths.
Hereby,recommendations would be made for the growth of the solar power industry tomatch its potential and values it can contribute to the society after 2020, sheadded.
Over the last two years since Decision 11/2017/QD-TTg was launched, Vietnamhas been seeing a boom in solar power, making it a leader in Southeast Asia’ssolar photovoltaic (PV) market. Data shows that as of the end of last June, thecountry’s cumulative solar PV installation reached nearly 4.464 MW.
According to the Electricity of Vietnam (EVN), rooftop solarPV projects in the country have generated a total of 25.459 MW by the end ofFebruary 2020.
Participants voiced concerns over Decision No.13/2020/QD-TTg’s periodof validity which might not be enough to make changes and support thedevelopment of the domestic solar power sector, particularly against thebackdrop of the COVID-19 pandemic which is ravaging globally and taking heavytoll on most of enterprises and workers.
Some proposed ways to extend the decision’s validity ofsupport policies for rooftop solar PV projects and its effective should befurther discussed for the recommendations to be sent to relevant authorities assoon as possible./.
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Illustrative photo. (Source: VNA) 
