Installation of rooftop solar power will reduce enterprises’ monthly power costs
The collateral is the rooftop solar power system, with a fund amount up to VND 10 billion.
With the Government's policy of encouraging renewable energy development, many solar power projects have been invested and constructed. In which, rooftop solar power has such outstanding advantages as fast construction and installation, not occupying land but (utilizing) existing rooftops, helping to enhance effective anti-heat for buildings, reduce environmental pollution, etc.
With excess power output, customers can resell it to Vietnam Electricity if not used up. In particular, grid-connected projects before 30th June 2019 will be purchased by EVN with preferential prices within 20 years under the Government regulations.
Currently, Ho Chi Minh City is the leader in the rooftop solar power installation, with nearly 1,400 customers, total capacity of about 15MWp.
Currently subsidiaries under Vietnam Electricity is proceeding to pay for the project investors after their power is generated to the grid.