A high potential solar market in Vietnam
Vietnam ’s geographical location makes it very rich in renewable resources, especially solar energy resources. Vietnam is in a region with relatively large solar radiation, with Ho Chi Minh City having the longest solar radiation.
In 2017, the government of Vietnam decided to offer solar energy developers an incentive to build more solar power plants, they have introduced a new direct power purchase agreement (DPPA), where renewable energy producers can sell and deliver electricity directly to corporate customers. The government is also looking to draft a new power development plan by June 2020.
