The document provides an overview of solar power development opportunities in Vietnam. It discusses Vietnam's growing energy demand and renewable energy targets. Solar potential is high due to ample sunlight. The regulatory framework supports solar development through net metering and feed-in tariffs. The document analyzes solar technology, project development phases, costs, and the roles of stakeholders to develop solar projects in Vietnam.

1. Solar Power Development in Vietnam
Growing Your Business is Our Business.

2. Outline
• Global Scenario of Energy mix and Solar PV
• Solar Power Generation: Schematics and BoS
• Solar PV Technology and Associate BoS
• Phase of Solar Project Development & Role of
stakeholders
• Pre Feasibility and commercial evaluation
• Solarization of Vietnam
• Current Solar Policies and development
• Solar radiation profile of the Country
• Risk assessment and way forward
• Financial analysis

3. Solar PV and Global Scenario of Energy Mix
24%
76%
RE SHARE OF GLOBAL ELECTRICITY
DEMAND
Renewable Non Renewable
1064.00
106.00
13.20
240.00
433.00
4.80
0.00 200.00 400.00 600.00 800.001000.001200.00
HYDRO POWER
BIO POWER
GEOTHERMAL & CSP
SOLAR PV
WIND POWER
CSP
RE SOURCE WISE GLOBALLY INSTALLED
CAPACITY (IN GW)
Stat
• Renewable accounts
28.90% of Global Power
generation capacity &
23.70% in End Electricity
demand
• Total RE Installed
capacity is ~1861 GW till
Jan 2016 Globally
• 148 GW added during Yr
2015
• 17% of the global
population still lack
electricity access –
approx. 1.2 billion people
40
70
100
138
177
240
2010 2011 2012 2013 2014 2015
Year wise Globally Solar PV Installed
capacity (in GW)
“CAGR of Solar PV were ~34.80% YoY from past 6 years and ~20.26% from past 3 years”
“China added maximum Solar Capacity of 13.6 GW”
83%
17%
WORLD ELECTRICITY ACCESS
With Access With out Access

4. Solar PV Global Scenario : RE Generation, Investment & Growth
#Source: BNEF new Energy Outlook 2016,,UNEP,Frankfurt School of finance & mgmt., Investment exclude. Large Hydro >50 MW
98.69
84.22 81.91 90.58
105.66 109.64103.69
154.82 146.17
119.06
143.78
161.04
0
50
100
150
200
2010 2011 2012 2013 2014 2015
Investment trend in Solar& Wind globally (in USD Billion )
Wind Solar
20 21 23 24 25 28
25 25 28 29 45 4815 16 12 12
21 1860
80 75 60
55 60
156
175
152
143
169
195
0
50
100
150
200
250
300
350
400
2010 2011 2012 2013 2014 2015
Global new investment in Renewable Eenrgy by Asset Class, $Bn
Corporate & Govt. R&D VC/PE Public Market Smakl distrubuted capacity Assets Finance
Investment in Solar PV
has increased up 12%
from FY 14-15 to FY 15-
16
In Year Global
Investment in clean
Energy was $ 348.9 Bn
(+10.80 %)
Investment in
Developing countries Up
by 48% (specially in
Wind +56.2% & Solar PV
+47.05%
276.1
317.57
290.7
268.6
315
348.9
2010, 34.0%
2011, 15.0%
2012, -8.5%2013, -7.6%
2014, 17.3%
2015, 10.8%
-15.0%
-10.0%
-5.0%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
0
50
100
150
200
250
300
350
400
2010 2011 2012 2013 2014 2015
Globally Investment trend (in$ Billion YoY) in past
6 years

5. Solar PV Technology Background
Solar PV
Technology
Crystalline
Technology
Poly
Mono
Thin film
Thin film
silicon
CIS/CIGS
CdTe
Crystalline Thin Film
Types of Materials Polycrystalline Amorphous Silicon, CdS, CdTe, CIS/ CIGS, etc.
Module Efficiency 16.25% to 17.32% 14.50% to 16%
Technology Well Developed Well Developed
Module Weight Light weight modules (0.1Kg/W)
Slightly heavy modules
(0.17 Kg/W)
Temperature Effects Highest impact of Temperature variations Lesser impact of Temperature variations
Irradiance Used particularly for Normal radiations Better performance with Diffuse radiations
Module quantity Lesser no. of module required More modules required

6. Solar PV Generation Schematics
The energy from sunlight
gets converted into DC
Current on hitting the solar
panels.
The current so produced is
fed into inverter to give AC
Current at a low voltage.
The transformer connected
to the inverter steps up the
voltage to an exportable
level after which the
electricity produced is fed to
the grid.

7. Solar PV Balance of Plant
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Power Conditioning Unit /
Inverter
Junction Boxes
DC and AC cables
Inverter duty and Power
Transformers
HT and LT panels
Module mounting structure
Foundations of electrical and
monitoring equipment, inverter
and control room
Drainage trench
Cable trench
Boundary wall
Periphery and Internal roads
Electrical Civil Works
Monitoring
Monitoring
SCADA
CCTV cameras
Weather station
Street lighting
Relays and Circuit breakers
Isolators
Transmission lines
Transmission tower
Lightning arrestor
Surge Protection Devices
Earthing cables and strips

8. Solar PV Phase of Solar Project Development & Role of Stakeholders
Pre Development
During
Development
Post Development
• Techno commercial
Prefeasibility analysis
• Company formation
• Land Identification
• Signing of PPA
• Financial closure
• Permit and License
• EPC contractor selection
• Planning and Construction
• Commissioning
• O&M contractor
selection
• Plant handover
• Revenue
90
D
240
D
30
D
Stakeholder Developer Government EPC contractor O&M Contractor Lenders
Development
phase
Pre Development
During Development
Post Development
Pre Development
During Development
Post Development
During Development
Post Development
Post Development During Development
Role &
Responsibilities
Pre feasibility
Government liasoning
Debt/ Equity
arrangement
Assets owner
Land procurement
Permit and License
Procurement assistance
PPA signing
Long term ESCROW
Land Development
Component Procurement
Design Engineering
Construction and
Commissioning
Operation and
Maintenance of
Plant
Debt
Site Visit
Executive
summary
Radiation,
Energy Yield
and Land
assessment
Comparative
Analysis of
States
Comparative
Analysis of
Policy
Power Sale
Arrangement
Technology
Selection
Project Cost
estimation
Risk
assessment
and plan
Project
Financials

9. 63%
32%
3% 2%
Cost Breakup of Solar Project
Solar PV Module
BoS
Softcost (Design, Management, Financing cost)
Contingency
Solar PV module share ~63-64% of project cost, but cost
of Poly c-si based module ($/Wp) has been decreased
by 80% in 5-6 years
SelectionofStates
High Solar radiation availability
Availability of
barren/government/waste land
Suitable Policy of State
DistrictwiseMetrologicalData
Comparison
Solar Radiation
Temperature
Wind Speed
Seismic zone
Rainfall
Humidity
TypeofLand
Type of Ownership
Type of Soil
Distance from Sub-Station Power Evacuation
Region wise Generation
Comparison
Solar PV Project Development & Cost Breakdown

10. Vietnam Solarization and Power Scenario of Vietnam
Vietnam
Area 331230.80 Sq. Km
Population ~94.4 Million
Major Business Sector Mining, Power, Manufacturing, Agri
Major cities Hanoi, Ho Chi Minh, Da Nang
Business Environment
GDP growth rate 6.20% Annual
Ease of doing business 68
Corruption perception index 113
Per Capita Energy Consumption 1200 kWh/ person
Investment in
electricity generation
assets that has lagged
demand growth
One of the best solar
potential sites
Huge Potential as
Continent is lack of
basic electricity need
Fastest growing
country in Asia
From 1990 to 2015
• Highest electrification rate (98%)
•Installation of 39 GW of power generation
(40% Hydro)
•All investment publically funded
From 2015 onward
•Still facing many challenges
•Gap between economic and electricity growth
rate
•Energy security and EHS issue
•Insufficient public investment

11. Vietnam Solar Power Development Plant VII Revised and Potential
2020 2025 2030
Solar 850 4000 12000
Wind 800 2000 6000
Biomass 1000 1500 4000
0
2000
4000
6000
8000
10000
12000
14000
MW
Solar Energy Target for 2020, 2025 and 2030 (in MW)
2025
6.90%
2030
10.70%
Average GHI is 4.5-4.6 kWh/sq. M day
Regions with highest potential: Southern, and Central Vietnam
Total of sunlight hours are 1,600- 2,700 hours/year

12. Vietnam Solar Regulatory Framework
PV support law with net
metering scheme will allow
excess energy remuneration
and improve self-consumption
business models.
Supporting legal-technical
framework (grid code, standard
PPA, etc.) expected.
First support programs already
implemented (e.g. HCMC FIT)
develop supporting local
industry (construction).
Further market
development/capacity building
measures (e.g. World Bank roof
potential assessments, GIZ PDP
etc.)
Grid connected Rooftop
Target 4000 MW (2030)
Max. Installed
capacity
100 MW 500 kW (without license )
Tariff 9.35 US Cents/kWh (20
years PPA, paid in VND,
not indexed)
• 11.25 USCents/kWh for
excess of net-balance (10
years; possible extension)
• Billing undefined
• Connection standards
undefined
Other incentives Duty waiver on all
imported RE equipment
Duty waiver on all imported RE
equipment
• Vietnam adopts a monopoly “single buyer” RE electricity market
• EVN and its authorized member companies remain the sole intermediary power offtake and
aggregator of renewable energy projects
• No mechanism for direct corporate PPAs

13. Your Gateway to Reliable Solar Power Solutions

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