With the issuing of the country’s official PPA , Vietnam is posed for growth of its PV capacity, providing a decisive framework in an upbeat market. This article takes a look into the implications of the finalized agreement on actual projects underway and in what way it impacts the business case for PV.
On the 21st of September 2017, Solarplaza organized its second webinar on the Vietnamese PV market: “PV for distributed generation: a winning case?”.
On the 12th of September 2017, the Ministry of Industry and Trade in Vietnam officially released Circular No.16 with the aim to provide guidelines for Decision 11. The purpose of Circular 16 is to offer regulations on formulation, approval and amendment of Vietnam’s provincial and national power development plans.
In his latest post, local law and policy expert Oliver Massmann of Duane Morris provides valuable insights into some of the recent developments that are impacting the Vietnamese energy market. In a straightforward Q&A format he presents the vital facts with regards to the direct awarding of public procurement projects and the implications of the Trans-Pacific Partnership Agreement.
BLOOMBERG - Vietnam’s TTC Group, a sugar, energy, real estate and tourism conglomerate, is planning to spend as much as $1 billion on an ambitious plan to build one of the country’s largest portfolio of solar projects in an effort to capitalize on the nation’s growing power needs.
In essence, the Draft PPA is almost the same as current applicable PPAs for renewable projects. This creates bankable issues for solar projects and a hindrance to foreign investors planning an investment in the sector.
Myanmar’s nascent democracy has plans for massive PV plants that could increase generation capacity more than 12%.
In light of our upcoming trade mission to Vietnam & Thailand, we've released a complimentary white paper, in close collaboration with Mott MacDonald. The white paper focuses on benchmarking PV plant generation costs in the Southeast Asian region. Below you'll find the first pages as preview. Complete the form at the bottom of this page to immediately download the full paper.
A pause in government procurement plans is forcing Thailand’s solar players to explore new markets.
South Korea is looking to procure significant levels of storage for grid regulation.
Vietnam will need around US$148 billion to invest in developing the national electricity grid and resources (not including electricity projects invested under the BOT model) in the 2016-2030 period.
Growing electrification needs and falling storage costs look likely to stimulate growth in solar-based microgrids across Southeast Asia.