On 8 January 2019, the Prime Minister has issued Decision No.
02/2019/QD-TTg ("Decision 02") to amend certain articles
of Decision 11/2017/QD-TTg dated 11 April 2017 of the Prime
Minister on mechanism for encouragement of development of solar
power in Vietnam ("Decision 11"). Decision 02, became
effective on 8 January 2019, promulgates new payment scheme to
address the net-metering issue of the rooftop solar power projects
under Decision 11. We elaborate the above topic further as
below:
In 2017, Decision 11 introduced the net-metering scheme for
rooftop solar power projects. In brief, rooftop projects must be
implemented in net-metering with two-way electricity meters. In a
trading cycle, if the amount of electricity generated from rooftop
projects is greater than the consumed amount, the surplus will be
carry forward to the next trading cycle. At the end of the year or
when the contract is terminated, the surplus amount of energy will
be sold to EVN at the rate
