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.
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.