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Home News Vietnam

Vietnam to buy power from residential and commercial rooftop solar

NEWSROOM by NEWSROOM
July 16, 2024
in Vietnam
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Vietnam’s Eighth National Power Development Plan stated that the country’s solar potential is about 963GW, but only less than 2% has been utilised. Meanwhile, solar energy will become the dominant energy source (about 200GW) in Vietnam’s energy mix in 2050.

Earlier this month, the Vietnamese government announced a plan to allow direct power purchase agreements (PPAs) between independent power producers and large electricity consumers.

According to data from the US International Trade Administration, Vietnam’s total technical potential for solar is up to 1,646GW, consisting of…



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