This uncertainty had stalled payments to generators. Furthermore, roof-mounted projects include the following use models: (1) using power (power generated from the panels will be used by the seller, with any excess being sold to the national grid); (2) selling excess (power generated will be sold to purchasers, with any excess being sold to the national grid); (3) selling all (power generated will be sold entirely to the national grid); and (4) direct power purchasing (power generated will be sold entirely to other individuals or organisations, without using power from the national grid).For grid-connected solar projects with solar-cell efficiency greater than 16 per cent or solar-module efficiency greater than 15 per cent, a FIT will be fixed at 2,086 Vietnamese dong/kWh (equivalent to 9.35 US cents/kWh excluding VAT) for generating electricity at the delivery point.Regarding roof-mounted solar projects, a FIT of 2,086 dong/kWh (equivalent to 9.35 US cents/kWh excluding VAT) theoretically applies. However, auction-based support can be used for near-shore wind energy projects, since calculating costs for these types of projects and setting FIT rates is more challenging. Editors

The EOR19 is developed by the Electricity and Renewable Energy Authority under the Vietnamese Ministry of Industry and … While the Electricity Regulatory Authority of Vietnam manages the development of all power projects, the EREA has authority and responsibility for regulating FITs for renewable energy.The Ministry of Natural Resources and Environment (MONRE) and the provincial departments of natural resources and environment approve environmental impact assessments.The provincial people's committees and district people's committees are heavily involved in not only the provincial renewable-energy development plans, but also the whole development of the projects.Overall, renewable-energy projects in Vietnam have been granted incentives as follows:As stated above, subject to certain exceptions, at present, EVN is the sole offtaker for all renewable energy projects, and Vietnam still operates a monopoly single-buyer electricity market. 24/2014/QD-TTg on Support Mechanisms for Development of Biomass Power Projects in Vietnam (Decision No. This structure opens possibilities for future financings.The MOIT has issued model forms of PPA for small hydro, wind, biomass, waste-to-energy and solar.By way of Circular No. FITs and critical PPA contractual terms are the principal issues to be resolved to facilitate the development and financing of long-term utility-scale renewable energy resources.

At the time of writing, the government had not issued clear instructions, so the situation remains uncertain.The Draft Decision on Solar introduces a mechanism in which applicable FITs for projects shall be determined on the basis of four radiation regions and three solar power technologies. For example, solar and wind power projects with capacity equal to or greater than 50MW will be approved by the Prime Minister, while those with capacity below 50MW will come under the authority of the MOIT. Defined as biomass power projects that simultaneously provide heat and electricity, CHP projects are sometimes called co-firing biomass power projects. The Mining Law Review is designed to be a practical, business-focused ‘year in review’ analysis of recent changes, developments and their effects, and a look forward at expected trends. 37), seven years ago in 2011, the government has now amended the policy on wind power to attract more investors with the implementation of Decision No. In March 2016 the Vietnamese Government issued the revised National Power Development Plan for 2011 to 2020 (known as the Power Master Plan VII).

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