The Electricity of Vietnam (EVN) anticipated thatthe capacity of rooftop solar power will reachapproximately 2,000 MW by the end of 2020,contributing to ensuring power security. A new rooftop solar power system installed in Hanoi - Photo: VGP According to the EVN, more than 4,000 households have installed rooftop solar power systems over the past three months with a total capacity of 200MW. The EVN estimated that an additional 300MW of rooftop solar power will be generated by the end of 2019. In the context of exhausted traditional power sources, the development of renewable energy, including rooftop solar power is significant to ensuring national power security. Vietnam had 89 wind power and solar power plants with a combined capacity of 5,038MW by June 2019, accounting for 9.5% of the nation’s total power capacity. It is expected that about 1,000 MW of renewable energy will be connected to the national grid by the end of 2019, helping to ease power shortages. At a … [Read more...] about Rooftop solar power expected to reach 2,000MW by 2020
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Rooftop solar power gains popularity in Vietnam
The Hanoitimes - Rooftop solar power is part of efforts to help Vietnam ensure its renewables future. EVN announces rooftop solar power buyback to promote renewable energy Vietnam put the largest rooftop solar power system into operation Rooftop solar power capacity in Vietnam is likely to reach roughly 2,000 MW by the end of 2020, local media reported, citing Vietnam Electricity (EVN) as the country is encouraging this type of power. Illustrative photo EVN Deputy General Director Vo Quang Lam said at Vietnam Energy Forum 2019 that developing rooftop solar power helps reduce transmission costs and price pressure as well as increase energy efficiency. Vietnam currently applies a price of US$9.35 cents per kWh for rooftop solar power. The Ministry of Industry and Trade has proposed maintaining the price until 2021 to encourage the development of solar power. Technical solutions have also been introduced to connect rooftop systems to the national grid. In … [Read more...] about Rooftop solar power gains popularity in Vietnam
Vietnam to have 2,000MW of rooftop solar power capacity in 2020
Solar panels are installed on the roof of a house in the southern province of Long An (Photo: VNA) Hanoi (VNS/VNA) - Vietnam's total rooftop solar power capacity is expected to reach around 2,000 MW by the end of 2020, according to Vietnam Electricity (EVN). EVN said more than 4,000 households have installed rooftop solar power systems over the past three months with a total capacity of 200MW. It estimated that an additional 300MW of rooftop solar power will be added by the end of 2019, helping to ensure the nation's power security. As traditional power sources run out, the development of renewable energy infrastructure, including rooftop solar power, is crucial to providing enough power to Vietnam's growing population. By the end of June 2019, Vietnam had 89 wind and solar power plants with a combined capacity of 5,038MW, accounting for 9.5 percent of the country’s total power capacity. It is expected that about 1,000MW of additional renewable energy will be connected to … [Read more...] about Vietnam to have 2,000MW of rooftop solar power capacity in 2020
Việt Nam to have 2,000MW of rooftop solar power capacity in 2020
A rooftop solar power system at a household in the southern province of Tây Ninh. — VNA/VNS Photo Lê Đức Hoảnh HÀ NỘI —The country's total rooftop solar power capacity is expected to reach around 2,000 MW by the end of 2020, according to Việt Nam Electricity (EVN). EVN said more than 4,000 households have installed rooftop solar power systems over the past three months with a total capacity of 200MW. It estimated that an additional 300MW of rooftop solar power will be added by the end of 2019, helping to ensure the nation's power security. As traditional power sources run out, the development of renewable energy infrastructure, including rooftop solar power, is crucial to providing enough power to Việt Nam's growing population. By the end of June 2019, Việt Nam had 89 wind and solar power plants with a combined capacity of 5,038MW, accounting for 9.5 per cent of the country’s total … [Read more...] about Việt Nam to have 2,000MW of rooftop solar power capacity in 2020
Ministry urges bidding mechanism for solar power projects
Illustrative photo (Source: VOV) This information was noted in a report by the Electricity and Renewable Energy Authority under the Ministry of Industry and Trade (MoIT) regarding the results of a recent meeting with the Government’s standing committee. The meeting raised discussions on a draft mechanism on how to stimulate the development of solar power. The MoIT will restructure solar power projects in an appropriate manner which matches the capacity of transmission grids whilst harmonizing the interests of the State, investors, and residents, the report says. The future development of rooftop solar power projects will also be facilitated while a closer watch will be kept on the division into different regions based on solar irradiation. The ministry would make joint efforts with the State-run Vietnam Electricity group (EVN) and the Committee for Management of State Capital at Enterprises to scrutinize and propose a mechanism that allows the private sector to make … [Read more...] about Ministry urges bidding mechanism for solar power projects