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Friday, November 8, 2024

Vietnam to buy 100% excess rooftop solar power

The Saigon Times

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HCMC – Vietnam will purchase all surplus electricity generated by rooftop solar systems that include storage batteries.

The Government Office issued Notice No. 387/TB-VPCP detailing a conclusion by Deputy Prime Minister Tran Hong Ha regarding the development and implementation of policies to promote self-produced and self-consumed rooftop solar power.

This new rule aims to increase the use of rooftop solar power in northern Vietnam from the current 2.5% to 25-30%. This change could raise the capacity for northern Vietnam to 7,000 MW and will require a review of capacity for HCMC.

The Deputy PM suggested that the Ministry of Industry and Trade should cap the amount of excess solar power sold to the grid at no more than 20% of the system’s total capacity.

Systems with installed capacities between 100 kWh and one MW that connect to and sell surplus power to the national grid must register with local power authorities. Systems with capacities of one MW or more must also register as a business.

The plan to make these changes will be reviewed by the Prime Minister in September this year.

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