How to choose a solar energy company in Vietnam?

As solar is becoming cheaper and more popular, choosing among the many solar energy companies in Vietnam is getting harder, especially so as each installer may offer you different packages, services and energy solutions. Finding the right solar installer for your roof is important in ensuring a hassle-free installation that you are satisfied with.

How is solar energy regulated in Vietnam?

Vietnam’s solar power sector is governed by a number of key regulations and policies aimed at promoting the development of renewable energy while managing the challenges associated with rapid growth.

Does Vietnam have a solar power industry?

Vietnam’s solar power industry has grown rapidly since 2017, driven by generous feed-in tariffs and strong government support. The country now has one of the highest installed solar capacities in Southeast Asia, contributing significantly to its renewable energy goals. 2. What challenges is Vietnam’s solar power sector facing?

How much solar power does Vietnam have?

This included 16 billion kWh from solar power and 7.3 billion kWh from wind energy, according to data from Vietnam Electricity. Solar power, in particular, has seen significant expansion due to the implementation of feed-in tariffs and the increasing adoption of rooftop solar systems.

What is Vietnam solar power joint stock company (SPUC)?

Vietnam Solar Power Joint Stock Company (SPUC) is a joint venture between Dragon Capital Investment Fund and Ecosphere Renewables Company (UK).

How has the FIT program impacted solar power development in Vietnam?

The FiT program has been a major driver of solar power development in Vietnam, offering a tariff of 9.35 cents per kilowatt-hour (kWh) for projects completed by June 2019. This program led to a surge in solar capacity, reaching 4.46 gigawatts of new installations.