The growth of Vietnam’s solar power sector accelerated in April 2017 with the release of the Government of Vietnam’s Decision No. 11 /2017/QD-TTg, and nearly two years later, more than 70 projects with a total capacity of over 3,000 megawatts have registered with the Ministry of Industry and Trade.
Many developers are new to the business of solar power generation, as are the lenders evaluating their loan applications, and solar development in Vietnam remains hampered by regulatory hurdles and limited access to financing. To address these challenges, we have produced these Bankability Guidelines for Utility-Scale Solar Projects in Vietnam to support developers to improve the bankability of their projects, and assist lenders and investors who are evaluating financing for potential projects.
Along with these guidelines in this package, we also provide a financial model that you may find useful in assessing the bankability of a project. We hope these guidelines support your efforts to advance solar power development and energy independence in Vietnam.
(Last update: March 8, 2019 / File size = 2.5mb)