Growth in 400 times, Vietnam solar development speed to catch up with Australia

On June 30 is Vietnam generous feed-in tariff subsidies deadline. Before this, the southeast Asian countries has grid, a lot of project in the field of solar energy photovoltaic installations over the steady development of Australia.

according to the Norwegian consulting firm Rystad Energy released data, Australia, a project from last year's 600 mwac increased to 2. 7 gwac, has increased by four times, while Vietnam market rose to less than 10 mwac in June 2018 from 4 gwac, increased by four hundred times.

because the developers are eager to meet the requirements of the deadline for a feed-in tariff, there are more than 60% in June alone in Vietnam photovoltaic power generation project put into operation. Rystad pointed out that the project construction and operation of average time is 275 days, this is extraordinary speed Rystad said.

Vietnam data also won the state news agency. Vietnam news agency quoted monopoly utilities electric power ( 犯) A total of 82, Vietnam has solar power grid, the capacity is 4460 mw. This also means that solar power is near Vietnam 10% of the total power projects. In addition, there are 13 capacity is 630 mw project is expected to be online at the end of this year.

Rystad Energy, renewable Energy team, senior analyst David Dixon said, & other; Few foresaw that Vietnam's utility pv projects in the years more than Australia. ”

　　“ Project has gone beyond our highest Vietnam was put into operation. ”

Rystad is expected in the second half of 2019, Australia will be hooked up to the 800 mwac projects, however, this stage 3. 5 gwac cumulative installed capacity is still far lower than Vietnam.

because around the renewable energy target ( 随著 Mechanism of political wrangling hindered the large renewable energy project development of Australia, so that number be shocking. Since 2016, Australia has been regarded as a booming sound market, especially in the large solar and storage areas. Two years ago, Vietnam photovoltaic development process is also small, in April 2017 to implement the online electricity price subsidies. Since then, the controversial occurred around the solar power purchase agreement parameters to this area is full of uncertainty, is confused.

Rystad development for more than 4 gw project in Vietnam, the company described the south-east Asian countries as & other; Regional powers & throughout; 。 In fact, a number of large projects are hooked up to this summer, including Sunseap and InfraCo Asia 168 mw power station, B. Grimm the Power system of 420 mw and 250 mw project BIM and Ayala, which is also the largest project in the asean region.