Solar and wind project developers are racing to begin operations to capitalise on the appealing FiT Vietnam offers With his 40-year experience of planting grapes, Nguyen Van Moi, director of Ba Moi Services and Trading Production Private Enterprise, proudly said that his farm in the south-central province of Ninh Thuan is one of the first to have installed a solar rooftop and drip irrigation system as well as developed a closed chain from garden to table. “The solar rooftop system helps our farm save energy. The province is seeking more investment for solar power, especially rooftop projects. We hope our project will inspire other investors, especially small and medium-sized enterprises,” Moi told VIR. Solar rooftop systems are nothing new for farmers like him. Besides Ba Moi, hundreds of local co-operatives have been operating green farms in the central provinces which boast the highest potential of renewable energy. In 2018, the prospects of the Vietnamese renewable power sector looked rosy as a series of projects – especially solar and wind projects – were registered and started construction to benefit from government incentives aimed to spur the development of one of the most promising sectors which remains largely untapped so far. According… Read full this story
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