fit2

Feed-in tariffs for new solar installations in Vietnam to fall by more than 30% following roaring success of FIT2 scheme.

Vietnam experienced enormous growth in solar deployments in 2020, with as much as 9GW being installed as the successful FIT policy drew to a close. Edgar Gunther explores how that policy came to be so successful, and what the future holds for solar PV in Vietnam.

Rooftop solar installations skyrocketed in Vietnam last year prior to a hard installation deadline for feed-in tariffs, with more than 9GWp of rooftop solar installed in the country.