News

Wind power investors claim bankruptcy looms without incentive tariffs

Wind power companies said if the government does not extend the October 31, 2021 deadline for the incentive feed-in-tariff for the electricity they face the threat of bankruptcy.In a letter they sent recently to various government and National Assembly agencies, wind power developers sought to ...

Anh Minh

Massive investment in wind power plants could overload grid: experts

The rush to invest in wind energy to take advantage of the Government’s pricing incentives could lead to overloading of the national grid in a repeat of the solar scenario, experts warn.The Government announced a feed-in tariff (FIT) in 2011 for wind energy of 1,770 ...

New solar power prices not incentive enough: Finance Ministry

The new solar power rates proposed by the Ministry of Industry and Trade (MoIT), much lower than the current average electricity retail price of VND1,864 (8 cents) a kWh, would erase all incentive to develop solar power over other sources, the Finance Ministry has said.Under ...

Anh Minh

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