Solar panels in Ninh Thuan province (Photo: Cong Thu/VNA) |
The report, supported by the Global Infrastructure Facility (GIF) and the World Bank’s Energy Sector Management Assistance Program (ESMAP), addresses curtailment and improved risk allocation between public and private investors. Vietnam is considering moving from a feed-in-tariff (FIT) policy to a competitive bidding scheme for solar projects to reduce the cost of solar generation.