Vietnam to cut rooftop solar feed-in tariff in bid to ease grid pressure


HANOI, March 21 (Reuters): Vietnam plans to cut the feed-in tariff for rooftop solar panels by 30.8-37.9% in a bid to reduce pressure on the national power grid following a recent boom in installed capacity, state media has reported.

Vietnam has had one of the fastest growing renewable energy markets in Asia in recent years, but the development of its transmission system has lagged, leaving several of its new solar power plants operating below designed capacity.

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