The Ministry of Industry and Trade has just completed a draft Circular on methods of developing a price frame for solar and wind power plants for comments.
The fit price of new solar power projects will be calculated on the basis of solar radiation intensity in each region, to prioritize development in the North - where radiation is low.
The method of developing renewable power projects is similar to that applied to transitional renewable power projects.
Further details of this legal update can be found here.
Hoang Le Hang
Business Development Manager
Tel: +84 24 3971 0888
Email: hang.hoang@lexcommvn.com
