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Vietnam introduced the concept of Build-Operate-Transfer ("BOT") investment projects when it amended its Foreign Investment Law in 1992. Simply stated…
China’s State Administration for Market Regulation (SAMR) has required eight companies based on the sharing economy to enhance their compliance of norms and standardize pricing and competition practices on Thursday. The price supervision anti-monopoly bureaus of the SAMR held an counselling conference with companies with businesses in the sharing economy, including Alibaba-backed bike-sharing platform Hellobike, .
Unravelling the past, present and future of solar policy in Vietnam
Solar installs throughout 2020 took Vietnam’s cumulative capacity to more than 19.4GW. Image: JinkoSolar.
Vietnam’s year-end solar installation figure of 9GW captured headlines in January 2021. But how did Vietnam grow its cumulative solar installations from a 2018 base of 106MWp, according to International Renewable Energy Agency (IRENA) Renewable Capacity Statistics, to year end 2020 cumulative PV capacity of over 19.4GWp?
In a word, policy. The uncapped solar Feed-in Tariff (FIT) incentive policies to be more specific.
Cumulative solar capacity of ASEAN nations. IRENA (2020), Renewable Energy Statistics 2020, EVN (2021)
The original FIT1