Technical FAQs 4

How much does solar cost in Vietnam?

Vietnam’s FiT policy, launched in 2017, offered a fixed premium price of up to approximately 2,340 VND/kWh (equivalent to 9.35 US cents/kWh) for grid-connected solar projects. This guaranteed purchase price significantly de-risked investments, encouraging the rapid deployment of utility-scale and rooftop solar installations.

Why is the Vietnam solar panel market growing?

The Vietnam solar panel market is witnessing significant growth, driven by increasing energy demands, government support for renewable initiatives, and a shift towards sustainable energy sources.

How to choose a solar energy company in Vietnam?

As solar is becoming cheaper and more popular, choosing among the many solar energy companies in Vietnam is getting harder, especially so as each installer may offer you different packages, services and energy solutions. Finding the right solar installer for your roof is important in ensuring a hassle-free installation that you are satisfied with.

Is Vietnam a good place to invest in solar panels?

When exploring the solar panel industry in Vietnam, several key considerations come into play. The country has made significant strides in promoting renewable energy, driven by government incentives and policies aimed at increasing solar capacity to meet energy demands.

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