Two floating solar projects forming a cluster that is claimed to be Southeast Asia’s largest floating install have started commercial operations in Vietnam.
Country's largest PV auction to date targets smaller projects and locally-owned developers to ensure procurement drives ‘immediate’ boost to post-COVID economy.
‘Solar Module Super League’ (SMSL) member concludes facilities in Ohio and Malaysia are exempt so far from government restrictions, while Vietnam factory remains 'not affected'.
Country could avoid costs and grid chaos if it learns from Germany and Vietnam's FiT lessons and opts instead for competitive auctions, says new IEEFA report.
Politburo resolution proposing green energy targets for 2030 (15-20%) and 2045 (25-30%) emerges as country embarks on FiT-to-auction shift to ease PV grid bottlenecks.
Country told competitive bidding could take PV market to ‘tens of gigawatts’ within 10 years, turning the page from grid chaos driven by feed-in tariffs last year.
145MW project planned on a West Java reservoir is the UAE energy giant's first foray in Southeast Asia and significantly outsizes other floating PV ventures in the region.