Get ready for auctions! After months of confusion and uncertainty over the policy for solar power development in Vietnam Prime Minister Nguyen Xuan Phuc today issued his conclusions and looks to have signed the death knell for solar feed in tariffs (FiT) in favor of competitive auctions.

In Notification No. 402/TB-VPCP dated 22 November 2019, the Prime Minster concluded that rational future development of the sector necessitates introducing an auction system for ground-mounted solar projects. FiTs will continue to apply only for rooftop solar projects and certain already-approved ground-mounted projects. Tiếp tục đọc “Vietnam’s PM decides to do away with solar FiTs in favor of auctions” →