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Vietnam’s mysterious solar market builds momentum

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By Tom Kenning, Solar Media

Concerns over Vietnam’s power
purchase agreement have not prevented
a huge number of project deals being
signed. Tom Kenning weighs up
what progress is being
made in putting one
of Southeast Asia’s
most promising solar
markets on the map

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The solar industry endured an eventful 2018 with the US establishing its trade tariffs on module imports and China hitting the brakes on deployment, yet, through sheer determination, everyone ended the year feeling fairly optimistic. There is lots of cause for hope in 2019. Module prices are down for the timebeing, seeding subsidy-free markets. We are on the cusp of technological gains that can tilt that balance even further in solar’s favour. Traction with energy storage is clearing up grid headaches and creating new sources of revenue. Our ultimate 2019 briefing addresses all this and more. Our regular Storage and Smart Power section, meanwhile, includes an in-depth look at California’s vibrant market as decrees turn into deployment.

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