Bump on the Road for Vietnam?

Wind Industry Profile of

New proposed Feed-in-Tariff (FIT) extension by Vietnamese government would reduce tariffs for onshore and intertidal wind power by 17.4 per cent and 13.6 per cent respectively, one of the most dramatic reductions seen for wind power globally

New proposed Feed-in-Tariff (FIT) extension by Vietnamese government would reduce tariffs for onshore and intertidal wind power by 17.4 per cent and 13.6 per cent respectively, one of the most dramatic reductions seen for wind power globally. According to the Global Wind Energy Council (GWEC), this FIT reduction threatens to deter investment and derail the long-term growth of wind power in Vietnam. GWEC welcomes a FIT extension to compensate for permitting and COVID-19-related delays, which collectively will... ... More: Official Press Release GWEC

Keywords:

GWEC, feed-in-tariff, Vietnam, government, onshore, reduction, intertidal, growth, power sector, wind farm, electricity, market, FIT