Vietnam issues guidance for development of self-consumption solar power
Decree 135 clarifies the legal basis for developing self-consumption rooftop solar power in Vietnam and resolves hurdles for developers upon expiry of feed-in-tariff policies.
As global demand for power continues to escalate, the success of new and existing projects is critical. With an unparalleled understanding of the market and its commercial drivers, our team advises on some of the largest transactions in the sector, and across projects ranging from 20 MW to over 1.5 GW in virtually every fuel category.
We advise across renewable and conventional power projects throughout their lifecycle. We are particularly experienced in project development and structuring, financing, M&A and dispute resolution (including dispute management/avoidance) and related services. Additionally, we regularly support clients on innovative arrangements/first of kind transactions such as the first project financing in the UK offshore wind sector including project bonds and the first and only international conventional power tender project in Vietnam in recent history. Our clients include sponsors, developers, funders, investors, utilities, contractors, offtakers and governments.
Our renewables practice is an industry leader, regularly topping industry league tables and with an extensive client list comprising many of the largest names in the sector. Our expertise across the sector includes offshore and onshore wind, solar, biomass, energy from waste, hydro, geothermal, cleantech, storage and related technologies. Read our report on “The Future of Renewable Energy: Renewable Power Generation, Merchant Risk and the Growth of Corporate PPAs”.
With a focus on large-scale coal and gas-fired power plants, we have particular experience in Asia and emerging markets, where our reputation for advising across the supply chain and providing bespoke solutions in the context of complex development, financial and corporate arrangements on these projects is second to none.
Decree 135 clarifies the legal basis for developing self-consumption rooftop solar power in Vietnam and resolves hurdles for developers upon expiry of feed-in-tariff policies.
The projects will have a total combined capacity of approximately 310 MW.
Thailand’s 2024 renewable energy updates unlock exciting opportunities for investors and developers, introducing direct PPAs, ambitious renewable energy targets, a growing focus on energy storage and PPA FiT schemes, solidifying Thailand’s leadership in Southeast Asia’s clean energy transition.