How much does a solar plant cost in Vietnam?
Vietnam's Ministry of Industry and Trade (MoIT) has published the new feed-in tariffs for utility-scale solar plants. For projects without battery storage, the tariff will be VND 1,382.7 ($0.053)/kWh for the northern part of the country, VDN 1,107.1/kWh for the central part, and VDN 1,012.0/kWh for the southern region.
How much solar power does Vietnam have?
According to the latest statistics from the International Renewable Energy Agency (IRENA), Vietnam had approximately 18.66 GW of installed PV capacity at the end of . Last year's new additions totaled around 79 MW. This content is protected by copyright and may not be reused.
What is the new tariff structure for solar projects in Vietnam?
Under the updated tariff structure, solar projects are now divided into ground-mounted and floating categories, and segmented further by region—North, Central, and South Vietnam. Tariffs are calibrated based on solar resource availability, infrastructure costs, and local electricity demand, with higher rates awarded to projects that integrate ESS.
What is the capacity of a solar power plant?
Capacity: Minimum 10% of the installed capacity of the solar power plant. - Storage/discharge duration: 2 hours. - Charging power output ratio: 5% of the total output of the solar power plant./.
What are the requirements for a battery project in Vietnam?
The Vietnamese authorities also decided that battery projects under the FiT scheme must have at least 10% of a PV plant's capacity and offer at least 2 hours of storage. According to the latest statistics from the International Renewable Energy Agency (IRENA), Vietnam had approximately 18.66 GW of installed PV capacity at the end of .
MOIT Sets Solar Power Price Framework, Emphasizes
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Vietnam publishes feed-in tariffs for large-scale solar
The Vietnamese authorities released the feed-in tariff levels for ground-mounted and floating PV plants, with or without storage.
MoIT sets solar power price cap at up to $0.07/kWh
For ground-mounted solar plants with battery storage systems, the maximum tariff is VNĐ1,571.98/kWh in the North, VNĐ1,257.05/kWh in the Central region, and VNĐ1,149.86/kWh in the South.
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