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Higher risk of default from solar power investment 09:12 | 16/03/2021 Higher risk of default from solar power investment With high expectations for escalating profit margin rates and multiple tax incentives, scores of firms have rushed into solar power project investments in the past few years. These companies commonly use high financial leverage tools as up to 70-80 per cent of their capital sources come from loans and enterprise bonds. According to a recent report by SSI Research, the bond value mobilised for solar power projects climbed to VND29.9 trillion ($1.3 billion) in 2020, a 254 per cent jump on-year. In terms of credit sources, by the end of 2020, banks had poured VND84 trillion ($3.65 billion) into renewable energies, mostly lending to solar power projects.

Republic ofXuan thienÐn ngNguyen tuan anhNguyen tri hieuXuan thien groupDepartment of creditVietnam banks associationTrung nam groupNational assembly standing committeeNam groupNational assemblyStanding committeeQuoc hungState bankTuan anh