Decree 58 introduces important regulatory clarifications concerning project eligibility, investor incentives, ownership restrictions, and compliance obligations for self-consumption systems.
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Vietnam''s draft policy is considered to provide limited subsidies and loans for residential solar installations. (Photo: iStock) To reduce strain on the national power grid, the
The Vietnamese Government has introduced a new electricity decree, as an extension of the country''s 2024 "New Electricity Law", to accelerate the development of
Nowadays, rooftop solar power system projects in Vietnam have attracted a lot of attention from both domestic and foreign investors since the Prime Minister issued Decision
On 30 November 2024, the National Assembly of Vietnam officially promulgated the new Electricity Law No. 61/2024/QH15 (the " Electricity Law "), which will take effect from 1
The Ministry of Industry and Trade (MoIT) of Vietnam has put forward a proposal to the Prime Minister, suggesting incentives to encourage the development of rooftop solar
A few years ago, Vietnam pledged to reach net-zero emissions by 2050 during the COP26 summit in Glasgow. This commitment reflects the country''s determination to address
It follows a year-long trade investigation initiated at the request of US solar manufacturers after a complaint that Chinese companies operating in Southeast Asia were
On the other hand, India stands out for its proactive approach toward promoting solar rooftop installations through attractive solar subsidy schemes, clear policy frameworks,
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