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Vietnam’s solar policy update highlights growing role of energy storage. (Photo: iStock)
Vietnam’s Ministry of Industry and Trade (MOIT) has announced a new round of feed-in tariffs (FIT) for solar power, introducing location-based pricing and, for the first time, incorporating energy storage systems.
The updated scheme highlights the growing importance of storage in stabilizing the grid and enhancing energy autonomy. However, some developers argue that despite the rate increases, the new tariffs may still fall short of spurring large-scale investment.
