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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
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28.9 C
Ho Chi Minh City
Saturday, July 12, 2025

Solar power booms in the south

Must read

CAN THO – After several years of development, the total capacity of rooftop solar power in southern Vietnam has far surpassed the capacity of the Hoa Binh Hydropower Plant, which was once the largest of its kind in Southeast Asia, according to Doan Duc Hung, deputy general director of Vietnam Electricity’s Southern Power Corporation.

“The Hoa Binh Hydropower Plant’s capacity is approximately 3,000 MW, while the total rooftop solar power output of the southern region amounts to some 5,000 MW at present,” he said.

Moreover, the total output of solar farms in the southern region has amounted to approximately 2,000 MW, five times larger than the Tri An Hydropower Plant’s capacity. “The figure showed that renewable energy has recently developed very fast in the southern region,” Hung concluded.

According to Vietnam Electricity (EVN), there were 101,029 rooftop solar power projects with a total installed capacity of nearly 9,296 MWp connected to the national grid as of late 2020.

EVN said Vietnam’s favorable policies for renewable energy development, including the prime minister’s Decision No. 11/2017/QD-TTg issued on April 11, 2017, and Decision No. 13/2020/QD-TTg issued on April 6, 2020, have helped renewable energy, especially solar power, boom in the country.

EVN’s data showed that the total installed capacity of solar power nationwide reached 19,400 MWp as of late 2020, accounting for 25% of the total installed capacity of the entire national power system.

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