Vietnam has introduced plans to introduce a brand new net-metering scheme for rooftop PV installations subsequent week, based on state-run information outlet Baochinhphu.

The authorities says that extra PV electrical energy offered to the grid might not exceed 20% of the facility generated by a rooftop PV set up – a rise from the earlier threshold of 10%.

Under the brand new scheme, the net-metering tariff for surplus electrical energy will match the typical electrical energy value from the earlier 12 months. The Ministry of Industry and Trade (MoIT) initially proposed a tariff of VND 671 ($0.027)/kWh.

By the top of 2023, Vietnam has put in greater than 17 GW of PV capability, largely via an expired feed-in tariff scheme that helps small and utility-scale installations. However, the federal government has not launched a brand new public sale program because the earlier one expired. Instead, it initiated a plan to facilitate bilateral energy buy agreements (PPAs) and to open up the electrical energy market.

The National Power Development Plan VII revised the photo voltaic targets till 2045, aiming for 13.6 GW of utility-scale PV and three.4 GW of rooftop photo voltaic. The plan compensates for low photo voltaic era by increasing onshore and offshore wind energy and by importing electrical energy from Laos.

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