Boosting Solar Energy in the Northern Region
Deputy Prime Minister Tran Hong Ha has proposed increasing the sale limit of excess rooftop solar power in northern Vietnam to 20% of total capacity, up from 10%. This change aims to boost the region’s solar energy market. The sale limit for central and southern regions remains unchanged at 10%.
The suggestion came during a meeting on July 26, discussing the draft Government decree on mechanisms and policies encouraging self-produced rooftop solar power for self-consumption. The draft decree mandates the Ministry of Industry and Trade to study a pilot policy, allowing individuals and organizations to sell up to 10% of their excess solar power back to the national grid.
Addressing Regional Energy Needs
Deputy PM Ha emphasized that integrating this energy source into the national grid should consider the real demand for national development and the unique conditions of each region. The northern region’s increased sale limit reflects its specific energy needs and development goals.
Encouraging Investment in Solar Energy
The draft decree aims to establish clear mechanisms and policies to encourage investment in rooftop solar power for self-consumption. The government seeks to motivate organizations and individuals to invest in solar technology, promoting energy independence and sustainability.
This proposal aligns with Vietnam’s green energy policies and efforts to advance the solar energy market. By encouraging solar energy investment, the government aims to enhance energy storage capabilities and integrate renewable energy sources into the national grid.
Source:vneconomy.vn