Unravelling the past, present and future of solar policy in Vietnam
Unravelling the past, present and future of solar policy in Vietnam Solar installs throughout 2020 took Vietnam’s cumulative capacity to more than 19.4GW. Image: JinkoSolar. Vietnam’s year-end solar installation figure of 9GW captured headlines in January 2021. But how did Vietnam grow its cumulative solar installations from a 2018 base of 106MWp, according to International Renewable Energy Agency (IRENA) Renewable Capacity Statistics, to year end 2020 cumulative PV capacity of over 19.4GWp? In a word, policy. The uncapped solar Feed-in Tariff (FIT) incentive policies to be more specific....
Source: pv-tech.org