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Final draft decision on solar power feed-in-tariffs

On 19 September 2019, the Ministry of Industry and Trade of Vietnam (MOIT) submitted to the Prime Minister the final draft decision of the follow-up regulation on the mechanism for encouraging the development of solar power projects in Vietnam from 1 July 2019 to 31 December 2021. It is expected that the new decision will be issued soon.

The draft decision aims mostly at encouraging solar power project development in Southern Viet Nam given the estimated major power demand of up to 8 GW in this area by 2021.

Compared to the previous drafts, the final draft does not determine feed-in-Tarifs (FiT) based on regions but only on technology types. The draft classified solar power projects into three groups as follows:

  • Ground-mounted solar energy project: VND 1,620/kWh (USD 7.09 cent/kWh);
  • Floating solar energy project: VND 1,758/kWh (USD 7.69 cent/kWh)
  • Rooftop solar energy project: VND 2,156/kWh (USD 9.35 cent/kWh)

The FiT prices shall be applied for solar power projects reaching commercial operation date (COD) within the period from 1 July 2019 to 31 December 2021 and applied for 20 years from the COD date. For Ninh Thuan province, solar power projects that reach COD before 1 January 2022 (within the capacity of 2,000 MW as already approved by the Government) the FIT price still remains 9.35 cent/kWh.

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Anna Sophie Herken[/vc_column_text][vc_separator css=”.vc_custom_1558513377802{padding-top: 10px !important;padding-bottom: 10px !important;}”][vc_column_text color=”#ffffff” font_size=”12″]Data Protection Policy

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www.giz.de[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text color=”#ffffff” font_size=”12″]Unsubscribe | Here you can unsubscribe from this newsletter.[/vc_column_text][vc_separator css=”.vc_custom_1558513377802{padding-top: 10px !important;padding-bottom: 10px !important;}”][vc_column_text color=”#ffffff” font_size=”12″]In charge of this newsletter:
Daniel Herrmann, IKI.vietnam@giz.de
IKI Interface Vietnam
GIZ Office Vietnam
Project “Support to Vietnam for the Implementation of the Paris Agreement II” (VN-SIPA II)

Editor: Tran Xuan Quynh

Photo Credits:
GIZ, GreenYOU, UfU, WWF, baochinhphu, MONRE, UNDP, UNEP, Pixabay[/vc_column_text][vc_separator css=”.vc_custom_1558513393631{padding-top: 10px !important;padding-bottom: 10px !important;}”][vc_column_text color=”#ffffff” font_size=”12″]The IKI Vietnam Newsletter is administered by the IKI interface in Vietnam hosted by GIZ. It informs regularly about news of climate change and biodiversity projects in Vietnam financed by the International Climate Initiative (IKI). The International Climate Initiative (IKI) is an important part of the German government’s international climate finance commitment. Since 2022 the IKI is implemented by the Federal Ministry for Economic Affairs and Climate Action (BMWK) in close cooperation with the Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection (BMUV) and the Federal Foreign Office (AA).

https://www.international-climate-initiative.com/

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IKI Independent Complaint Mechanism ​(IKI ICM)

Any person who is (potentially) negatively affected by an IKI project, can file a complaint via the IKI Independent Complaint Mechanism (ICM). ​

It works to enable people who suffer (potential) negative social and/or environmental consequences from IKI project. ​

  • Any person or a group of persons, or a community that has been or may be affected negatively by an IKI project may file a complaint.​
  • Persons wishing to do so can report integrity and/or corruption issues, such as misuse of funds, fraud etc.​
  • If persons experience reprisals in relation to an IKI project or a complaint, they can also use the mechanism. The affected person(s) can authorise a representative to file and pursue the complaint on their behalf.​

To find more information or to file a complaint go to:​

https://www.international-climate-initiative.com/PAGE396-1​

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