Từ khóa: #solar power projects

Investment in electricity, wind and solar power projects is lagging far behind. This has led to several vital projects being shelved.

The Ministry of Industry and Trade has urged the Electricity of Vietnam (EVN) and investors of transitional solar and wind plants to negotiate and agree to fix electricity prices before March 31.  

Renewable energy investors have just submitted a recommendation to the Prime Minister regarding the rectification of shortcomings in the process of building and promulgating a price mechanism for power generation for transitional power plants.

Many wind power projects in Central, Central Highlands, and Mekong Delta provinces cannot sell electricity because they are finished behind schedule, so they are suffering debts of trillions of Vietnamese dong.

In response to the Government's policy of solar power development, many businesses have invested trillions of Vietnamese dong. However, for many objective and subjective reasons, many projects could not complete before January 1, 2021, so they cannot sell electricity, wasting billions of Vietnamese dong every day.

The Ministry of Industry and Trade (MoIT) has been told to finalise the National Power Development Plan VIII (PDP VIII) for 2021-2030 with a vision to 2045, focusing on reducing coal power plants.

To energize before December 31, 2020, to enjoy preferential prices, many enterprises in the Central Highlands had sought every way to speed up the construction of rooftop solar power projects, despite violations in land use, construction, and farm economic model.

According to the People’s Committee of southern Binh Phuoc Province, Thailand’s Super Energy Corporation has decided to invest US$456.7 million into four solar power projects in the province.