2018 saw only two large-scale solar projects commissioned in Vietnam: Krong Pa - 49 MW and Duc Hue 1 - 35 MW.
Due to the current FiT Commercial Operation Date we expect a rush of construction and commissioning to happen for solar developments in Vietnam with 40 projects of total 2GW capacity coming to life. That is roughly $2 billions USD spent on building solar farms in just 2 years. Investors and developers will be eagerly waiting for the policy update after FiT.
The top 5 projects under constructions in Vietnam will all be larger than the current largest solar power plant in Southeast Asia (132 MW in Philippines).
Learn more about RenewableCube
Minh Khoi Le
Research Analyst, Renewable Energy
Phone: +61 (0) 28 06 78 468
Phone: +47 24 00 42 00
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