What Vietnam's Decision 11 means for solar companies

摘要

Decision 11 is the first Vietnamese legal instrument that specifically governs the development of the country's solar power sector. It sets out the general legal framework for developing solar power projects and provides for a feed-in- tariff under which the single offtaker (i.e. Electricity of Vietnam (EVN), a 100% state-owned entity) will purchase solar power from generating companies. The tariff is set at US$0.0935 per kWH.