Vietnam’s solar policy update highlights growing role of energy storage. (Photo: iStock) Vietnam’s Ministry of Industry and Trade (MOIT) has announced a new round of feed-in tariffs (FIT) for solar power, introducing location-based pricing and, for the first time, incorporating energy storage systems.
Conditions for systems with storage include a minimum storage capacity of 10% of the solar plant’s installed capacity, a charge/discharge time of 2 hours, and at least 5% of total generation used for charging the storage system. Overall, projects with storage receive higher FIT rates. Previously, Vietnam’s FiTs were relatively low.
April 2025 | Southeast Asia Impact Alliance Vietnam is taking another step toward modernizing its renewable energy sector by unveiling updated feed-in tariffs (FiTs) for solar power, with a notable emphasis on encouraging battery energy storage systems (BESS).
Overall, projects with storage receive higher FIT rates. Previously, Vietnam’s FiTs were relatively low. In January 2023, the top rate was NT$1.49/kWh for ground-mounted solar and NT$1.89/kWh for floating solar, with no regional or storage-based distinctions.
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Vietnam''s Ministry of Industry and Trade (MoIT) has published the new feed-in tariffs for utility-scale solar battery storage and floating PV system. For projects without battery …
Investing in the development of energy storage systems acts as a foundation in addressing the intermittency of renewable energy, enhancing system flexibility, improving the …
Bangkok, July 2025 Vietnam’s Revised Power Development Plan 8 (PDP8), approved in April 2025, marks a significant shift toward renewable energy and energy storage to achieve net …
Vietnam’s Ministry of Industry and Trade (MOIT) has announced a new round of feed-in tariffs (FIT) for solar power, introducing location-based pricing and, for the first time, …
As global costs for solar, wind, and battery storage systems fall, Vietnam could replace fixed feed-in tariffs (FiTs) with standardized competitive auctions to procure clean …
Vietnam greenlights two new solar power plants and two large-scale battery storage systems (BESS) in its northern provinces to advance its renewable energy goals.
One of the key highlights of Vietnam’s revised Power Development Plan VIII (PDP8) is the significant increase in the targets for Battery Energy Storage Systems (BESS).
To qualify for BESS-specific tariffs, projects must meet technical thresholds such as a storage capacity equal to at least 10% of the plant’s capacity and a minimum 2-hour …
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