The document summarizes new feed-in tariffs for solar power projects in Vietnam. It states that the feed-in tariff for rooftop solar projects has been reduced to 8.35 cents per kWh. For projects that signed a power purchase agreement before November 22, 2019 and reach commercial operation by December 31, 2020, the feed-in tariff will be 7.09 cents per kWh for ground-mounted projects and 7.69 cents per kWh for floating solar projects. To be considered under construction, projects must have an approved technical design and have already signed an EPC construction contract.

1. VIETNAM - SOLAR POWER - NEW FEED IN TARIFFS - WHAT YOU MUST KNOW:
Please kindly find below further update regarding FIT for your information (this content
is from MOIT’s report submitted to PM for approval of FIT2 - from an unofficial source):
Summary: FIT for rooftop is reduced at 8.35 cent; FIT2; conditions to be eligible for FIT2
1. FIT for rooftop solar energy projects is adjusted at 8.35 cent / kWh;
2. FIT2 will be applied to projects that signed PPA before November 22, 2019 (Date of
issuance of Notification No. 402 mentioned in the previous email below) and under
construction to reach COD before December 31, 2020:
Ø 7.09 cents for ground mounted solar energy projects;
Ø 7.69 cents for floating solar energy projects.
The conditions to be considered as “under construction” as follows:
+ Approved technical design or construction drawing design;
+ Already signed construction contract (EPC contract).
I will keep you posted when there is further update on this matter. Now waiting for PM’s
official decision.
Thank you and Best regards,
Dr. Oliver Massmann