Prime Minister Pham Minh Chinh chaired a government meeting on September 23 to discuss a draft decree on mechanisms and policies in favor of rooftop solar power development, according to a report from the Government News.
At the meeting, the PM tasked the Ministry of Industry and Trade to submit the draft decree to the Government for consideration and approval next week.
The promulgation of the decree aims to promote solar potential in Vietnam which has been in the leading position in solar power development in the ASEAN region.
Vietnam's total technical potential for solar power is up to 1,646GW. Its solar power sector grew strongly with a new capacity estimated at 17.6 GW in 2021.
Currently, the largest solar project in Vietnam, and indeed in the Southeast Asia, is the 600MW Dau Tieng Solar Power Complex, located in southern Tay Ninh province, 100km away from Ho Chi Minh City. The project started commercial operation and began delivering power to EVN.
In addition, in the central Ninh Thuan Province, the epicenter of Vietnam's solar energy boom, the Trung Nam Group, a Vietnamese conglomerate, has also constructed a solar farm, one of the largest in Southeast Asia.