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Vietnam's new rooftop solar decree is seen as having multiple loopholes. (Photo: EVN)
The Vietnamese government’s new decree, announced at the end of October, encourages the development of self-consumption rooftop solar power systems. However, many investors feel that the regulatory details are unclear, making the application process much more difficult.
Some foreign investment fund representatives have even complained that review bodies are questioning the legal validity of documents from other government departments, which has caused considerable confusion.
Following the release of Decree 135/2024/ND-CP, Vietnam’s Investment Newspaper interviewed stakeholders from the renewable energy sector to gather opinions, and RECCESSARY summarized three major flaws in the new regulation.
