A series of new policies, including a higher cap on surplus electricity sales to the national grid, is reviving Việt Nam''s rooftop solar market, as businesses seek lower energy costs and greener production to meet increasingly stringent export requirements.
Construction is scheduled for completion in the third quarter of next year, with commercial operations and grid connection expected in the fourth quarter of the same year.
Rooftop solar power, especially when combined with Battery Energy Storage Systems (BESS), is emerging as a strategic solution, paving the way for a greener, more flexible and more sustainable industrial park model.
The 800MW floating solar power project on the Sơn La hyower reservoir is expected to supply around 1.25 billion kWh of clean electricity annually to the national grid.
The publication comes as Việt Nam faces rising electricity demand driven by rapid economic growth and industrial expansion, while also seeking to reduce greenhouse-gas emissions under its international climate commitments.
Self-consumption rooftop solar systems would be permitted to export surplus electricity to the national grid, capped at 50 per cent of the total output.
Green transition is no longer an option rather, it has become a top strategic priority for businesses, especially as Việt Nam has committed to achieving net-zero emissions by 2050.
The research and development of technology in Việt Nam''s wind and solar power sectors are being actively encouraged and supported, according to a recently issued government decree.