MoIT requests urgent review of solar power development

The Ministry of Industry and Trade (MoIT) has issued an express dispatch requesting the People’s Committees of cities and provinces and Vietnam Electricity (EVN) to urgently review and list all issues related to solar power development.

Based on the roof solar power list nationwide, EVN must research and propose effective solutions to minimise the reduction of overloaded solar power and minimise the economic losses of investors.

The move has been seen as an attempt by the MoIT to improve transparency and to better regulate the solar power market, which has seen rapid development in recent years.

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