HCMC – Renewable energy projects in the transitional phase have generated a total of 68.6 million kWh since their commercial operation began, with average daily output of 3.2 million kWh, according to Vietnam Electricity Group (EVN).
As of June 27, 13 renewable energy projects with a combined capacity of 640.52MW have completed necessary procedures for commercial operation and are now eligible to be connected to the national grid, according to the Vietnam News Agency.
Out of the 85 renewable energy transition projects, 70 have submitted their documents to EVN for price negotiations and power purchase agreements. Among them, investors from 59 projects have proposed a preliminary price, which is equivalent to 50% of the price ceiling set by the Ministry of Industry and Trade.
EVN has successfully completed price negotiations and signed power purchase agreements with 57 out of the 59 projects. The Ministry of Industry and Trade has approved tentative prices for 51 of these projects.
Furthermore, 19 projects have been fully or partially reviewed and accepted by the competent authorities.
Operating permits have been issued for 27 projects, covering either the entire facility or a portion of it, while 37 projects have received approval for an extension of their investment policy.
By the end of June, 15 projects with a total capacity of 882.70MW had not submitted their documents to EVN for price negotiations and power purchase agreements.