Access to stable green energy at reasonable costs is now becoming the decisive factor as green power is directly affecting investment decisions by multinational corporations, the ability to retain export orders and businesses'' participation in global value chains.
A landmark electricity deal marks a new step in Việt Nam’s clean energy transition as a global manufacturer becomes the first to buy renewable power directly from a producer through the national grid.
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.
The Ministry of Industry and Trade stressed the need to review direct power purchase agreements and new energy mechanisms to ensure transparency, feasibility and support for Việt Nam’s renewable energy transition.
Development of rooftop solar in industrial parks (IPs) presents great opportunities and also challenges for businesses and investors, according to experts at a forum on promoting green energy within IPs held on May 15.
