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ARTICLE · 06 MARCH 2026

Investing In Solar Projects With DPPA And BESS – What You Must Know

Duane Morris LLP
Duane Morris LLP
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Vietnam's solar sector has moved into a new phase. The feed-in tariff boom is over. Projects are no longer built on the back of state-guaranteed tariffs, but on the strength of contracted corporate demand.

VietnamEnergy and Natural Resources

How Deals Actually Get Done Today

A Different Market After the FiT Era

Vietnam's solar sector has moved into a new phase. The feed-in tariff boom is over. Projects are no longer built on the back of state-guaranteed tariffs, but on the strength of contracted corporate demand.

Today, bankable solar transactions are built around two pillars:

  • Direct Power Purchase Agreements (DPPA) – allowing renewable generators to sell electricity directly to large consumers under Decree 57/2025.
  • Battery Energy Storage Systems (BESS) – enabling solar power to become schedulable, reliable, and commercially viable in a more complex grid environment.

Investors who understand how these two elements interact will close deals. Those who treat them separately usually struggle.

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Disclaimer: This Alert has been prepared and published for informational purposes only and is not offered, nor should be construed, as legal advice. For more information, please see the firm's full disclaimer.

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