Wind farm combine with solar power farm on rice field in Ninh Thuan province, central Vietnam. (Photo: iStock)
Update: To attract more renewable energy investments and meet the industry's demand for clean energy,Vietnam government officially passed the “direct power purchase agreement" (DPPA) on the 3rd.VnEconomy reported that in the future, large consumers will be able to obtain green electricity through the national grid or independent grids without the need for transmission and distribution via Vietnam Electricity (EVN). This is considered a new milestone in the liberalization of green electricity in Vietnam.
Vietnam is gradually allowing businesses to directly purchase green electricity from power producers. In addition to the recently submitted draft decree on direct power purchase agreements (DPPA) for large power users awaiting government approval, small manufacturers and households is expected bypass Vietnam Electricity (EVN) and directly access rooftop solar, waste-to-energy, and biomass power. This move is expected to boost the overall green energy industry and attract renewable energy investments.
