Indonesia has relaxed its local content requirements for solar power projects financed by foreign investors, as it seeks to expedite renewable energy development in the country and boost the domestic solar panel industry.
The Ministry of Industry and Trade (MoIT) has been told to finalise the National Power Development Plan VIII (PDP VIII) for 2021-2030 with a vision to 2045, focusing on reducing coal power plants.
The Ministry of Industry and Trade (MoIT) has issued an express dispatch requesting the People's Committees of cities and provinces and Vietnam Electricity (EVN) to urgently review and list all issues related to solar power development.
The Mekong Delta province of Long An is working to carry out solar energy projects on low-yield farming land in districts as it boasts huge potential for solar power development.
The Prime Minister has requested the Ministry of Planning and Investment (MPI) propose suitable management solutions for solar power projects to ensure national security.
The Vietnam Electricity (EVN) group has agreed with continuing the current feed-in tariff (FiT) rate at 9.35 US cents per kWh for rooftop solar power projects nationwide until 2021 as proposed by the Ministry of Industry and Trade (MoIT).
Vietnam Electricity (EVN) is speeding up the completion of 61 solar power projects so that by the end of next month as many as 88 solar power plants will connect to the national grid and begin commercial operation.
Construction of the LIG-Quang Tri Solar Power Plant (LIG-QTSPP) in the central province of Quang Tri is near completion, with the plant expected to be put into operation in June.
Vietnam’s solar power plants are facing a crisis in consumption of their electricity because there has not been synchronous development of power transmission infrastructure or a suitable operation mechanism.
The Government has approved an additional six solar power projects with a combined capacity of 850 MWp in Binh Phuoc, raising the total solar energy capacity of the southern province to the highest in the country.
Krong Pa district in the Central Highlands province of Gia Lai is considered a good area for solar power projects as the temperatures can rise to 40oC.
The southern province of Tay Ninh lured nearly 20 trillion VND (858 million USD) from eight investors to implement 10 solar power projects with a combined capacity of 808 MW by the end of September.