Vietnam confirms 20-year FIT for rooftop PV will be maintained at $0.0935/kWh

Published onJanuary 30, 2020

Vietnam’s state-owned utility EVN has confirmed that it will maintain the 20-year feed-in tariff for rooftop PV installations not exceeding 100 kW in size at the rate of $0.0935/kWh until 2021. The decision to leave the current tariff unchanged was suggested by the country’s Ministry of Industry and Trade (MOIT), which said it is crucial to maintain high levels of solar energy deployment in the residential and commercial segments. Prior to this decision, a lowered tariff of $0.0838/kWh had been proposed. The government has also asked the power utility to be responsible for connecting the new rooftop PV systems in compliance with current rules and without creating grid constraints for the network.