Vietnamese renewable energy firm SolarBK has received a licence from the People's Committee of Da Nang City, Vietnam, for a 4.4MW solar PV project, which it claimed will be the first such plant set to be entirely implemented by Vietnamese engineers.
Vietnam’s final solar power purchase agreement (PPA) has to a large extent ignored recommended changes from a group of international Chambers of Commerce and therefore its attractiveness to foreign investors remains in doubt, according to representatives from law and finance sectors.
Dr. Nguyen Tuan, director at the Renewable Energy Centre, Institute of Energy, Ministry of Industry and Trade (MOIT), Vietnam, discusses the current state of play for solar in Vietnam.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has officially started production at its joint venture (JV) solar cell plant with Vina Solar in Vietnam as well as an unmanned module assembly pilot project in China.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) is supplying German-based PV systems supplier IBC Solar with 60MW of solar modules from a newly inaugurated module assembly plant in Vietnam.
Vietnam-based infrastructure investment firm Bamboo Capital (BCG) has signed a cooperation agreement with China-based firm Unisun Energy Group and German company Coara Solar to work on a 40MW solar project in Thanh Hoa district, Long An Province, Vietnam.
Vietnam-based infrastructure investment firm BCG Băng Dương and Korea’s Hanwha Group have partnered to develop and build a 100MW solar PV project in Thanh Hoa district, Long An, Vietnam.
Ho Chi Minh City-based conglomerate TTC Group plans to spend up to US$1 billion on 10 to 20 solar parks with a combined capacity of around 1GW, according to Bloomberg.
A consortium of international chambers of commerce has advised the Vietnamese government that its draft solar PPA template is “non-bankable” and cannot attract financing for PV in Vietnam, particularly for medium and utility-scale projects, according to documents seen by PV Tech.
