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.
Two floating solar projects forming a cluster that is claimed to be Southeast Asia’s largest floating install have started commercial operations in Vietnam.
Module manufacturer Seraphim is to invest in a 750MW module assembly facility in Vietnam to expand its global production footprint and serve US market.
Sungrow has this year provided 2GW of its SG110CX inverters for use in Vietnamese rooftop solar PV installations, as the Chinese company continues to expand its presence in the country.
PV Tech interviewed Gary Ye, vice president at KSTAR, to understand which markets the inverter manufacturer is targeting, what’s driving the market dominance of string inverters and the technological considerations for solar-storage hybrid projects.
Vietnam is set to expand its solar and wind capacity as a supportive regulatory environment and growing investor confidence spur on new project development, according to consultancy Fitch Solutions.
Driven by increased investor interest and a growing project pipeline, utility-scale floating solar installations are set to take off globally over the next few years, a report from Fitch Solutions says.
Vietnam will prioritise the development of renewables as the country’s government announces its ambition to invest around US$130 billion in new power plants and transmission networks over the next ten years.
