LEGAL UPDATE: Did you know the Government of Vietnam has just issued a new decision on solar power projects?
Decision 13/2020/QD-TTg was issued on 6 April 2020 and will be valid on 22 May 2020.
Some of the key changes are:
- Three (03) different Feed in Tariffs for grid-connected, rooftop and floating solar projects. For grid-connected solar projects in Ninh Thuan, there are different pricing structures depending on when the projects were approved and the commercial operation dates.
- The recognition of floating and rooftop projects.
- The right of individuals and organizations other than EVN to sell and distribute solar power that don’t have to be connected to the national grid.
- Model PPAs only apply to sale of power to EVN or its affiliates. The term is 20 years and can be extended based on the law at the time of the extension.
Our full legal update is in the link below:
DN Legal, 8 April 2020