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- 05 / 05 / 2020 -
Mechanism to encourage development of solar power

Solar power is a new group of energy industries developed recently in Vietnam. Most solar power projects are concentrated in localities such as Ninh Thuan, Gia Lai, bac Giang, Hai Phong… The development of solar power is receiving many policies to encourage and support the state.
On April 6, 2020, the Prime Minister issued Decision No. 13/2020/QD-TTg on the mechanism to encourage development of solar power in Vietnam, effective on May 22, 2020. Accordingly, organizations and individuals participating in the development of solar power in Vietnam will be applied the new electricity tariff as prescribed in this Decision.
Decision No. 13/2020/QD-TTg has specified the lower power purchase price, the discount price than the old price. All three types of solar power connectors, ground sun and solar power roofs have the same price level, namely the following:
For power projects floating Solar: 1,783 VND/kWh, equivalent to 7.69 UScent/kWh;
For the ground solar power project: 1,644 VND/kWh, equivalent to 7.09 UScent/kWh;
For solar power system roof: 1,943 VND/kWh, equivalent to 8.38 UScent/kWh.
Some outstanding issues when applying the above electricity tariff, businesses should pay attention, specifically:
For electricity projects Grid-connected solar power projects have been decided by competent agencies on investment policies. before November 23, 2019 and have a commercial operation date of the project or part of the project from July 1, 2019 to the end of December 31, 2020, that project or part of that project may be The electricity buying tariff of grid-connected solar power projects shall be applied as above.
For Ninh Thuan province, the purchase price of electricity from grid-connected solar power projects is included in the electricity development planning at all levels and has the date of commercial operation before January 1, 2021 with the total accumulated capacity of zero. exceeding 2,000 MW is VND 2,086 / kWh (exclusive of value-added tax, equivalent to 9.35 UScents / kWh, at the central rate of Vietnam dong and US dollar announced by the State Bank of Vietnam). April 10, 2017 was VND 22,316 / USD), applied for 20 years from the date of commercial operation.
For rooftop solar power systems, it is permitted to sell part or all of the electricity produced to the Buyer being Vietnam Electricity Group or the purchaser is another organization or individual in case of not using the electricity grid. of Vietnam Electricity. Vietnam Electricity Corporation or its authorized member unit shall make payment of the electricity from the rooftop solar power system to the national grid at the above purchase price. This purchase price is applied to rooftop solar power system with the time of generating electricity operation and certification of meter readings from July 1, 2019 to December 31, 2020 and is applied. Use 20 years from the date of commissioning.