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ARTICLE · 27 JULY 2022

Renewable Energies – Solar And Wind Projects – FIT/Tariff Update

Duane Morris LLP
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On 21 July 2022, the MOIT has submitted another proposal to Prime Minister in relation to policy applicable for "transitional solar/wind energy projects" which have been implemented/invested...

VietnamEnergy and Natural Resources
Oliver Massmann
Oliver Massmann
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On 21 July 2022, the MOIT has submitted another proposal to Prime Minister in relation to policy applicable for "transitional solar/wind energy projects" which have been implemented/invested but not achieved COD to enjoy FIT. Particularly, the MOIT explained that it already submitted two options/proposals for the solar/wind tariff i.e., (i) direct price negotiation between solar/ wind generators and EVN based on a tariff bracket issued by the MOIT (NB: as proposed in Submission Letter 17 of the MOIT dated 27 Jan 2022) (Option 1) and (ii) price tender whether EVN will (NB: as proposed in the OL1513 of the MOIT dated 24 March 2022) conduct tender for buying powers from solar/wind projects for 3 years in line with a price bracket issued by MOIT (Option 2).

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