On grid solar storage project financing options in Vietnam 2025


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India installed around 3.8 GW of open-access solar capacity in the first six months of 2025 with a record 2.7 GW added in the April-June period, according to Mercom India''s "Solar Open

Unlocking Viet Nam''s green financing potential at Solar & Storage

Great to be a panelist on the topic of unlocking Viet Nam''s green financing potential at the recent Solar & Storage Live Vietnam 2025 in Ho Chi Minh City.

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Solar & Storage Live Vietnam 2026 | Ho Chi Minh

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6 FAQs about [On grid solar storage project financing options in Vietnam 2025]

What does Vietnam's Solar Policy update mean for energy storage?

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.

What is solar & storage live Vietnam 2025?

Solar & Storage Live Vietnam 2025 is a partner event supported by GIZ as official Association Partners. This two-day event convenes 120+ speakers, 250+ exhibitors & sponsors, and 5,500+ professionals from across the clean energy, industrial, and financial sectors.

How has the FIT program impacted solar power development in Vietnam?

The FiT program has been a major driver of solar power development in Vietnam, offering a tariff of 9.35 cents per kilowatt-hour (kWh) for projects completed by June 2019. This program led to a surge in solar capacity, reaching 4.46 gigawatts of new installations.

How is solar energy regulated in Vietnam?

Vietnam’s solar power sector is governed by a number of key regulations and policies aimed at promoting the development of renewable energy while managing the challenges associated with rapid growth.

How much does a solar project cost in Vietnam?

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.

What are the conditions for solar storage in Vietnam?

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.

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