The 2018 Vietnam Renewable Energy Summit opened in the central coastal city of Nha Trang yesterday. The three-day event, a match-making platform for key stakeholders in the renewable energy sector, has brought together some 30 local investors, including TTC Energy, KN Group, Phú Cường, Ocean Group and Hado Group and international developers and investors like Tata Power, Mainstream and Blue Circle. Also taking part are subsidiaries of the State-owned Electricity of Vietnam like the National Load Dispatch Centre, Power Engineering Consulting Joint Stock Company No 3, and Thuận Bình Wind Power Joint Stock Company. There are several conferences, workshops, exhibitions and match-making forums, and industry players will share their knowledge and widen business contacts. VRES 2018 has topical sessions to discuss market intelligence and connect key investors with approved renewable projects that are looking for investment. Promotion of renewable energy The Ministry of Industry and Trade issued a circular last September on encouraging solar projects in Vietnam, which included a final template for a power purchase agreement (PPA) and the feed-in-tariff (FiT) rate of 9.35 US cents per kWh for solar projects and specific guidelines for implementation of utility-scale and rooftop solar projects. According to figures released at the summit,… Read full this story
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