{"id":5644,"date":"2020-04-09T15:25:38","date_gmt":"2020-04-09T05:25:38","guid":{"rendered":"https:\/\/www.clenergy.com\/?post_type=media_press_releases&#038;p=5644"},"modified":"2020-09-17T20:08:35","modified_gmt":"2020-09-17T10:08:35","slug":"clenergy-supports-cod-deadline-for-vietnams-newly-approved-fits","status":"publish","type":"media_press_releases","link":"https:\/\/www.clenergy.com\/media-press-release\/clenergy-supports-cod-deadline-for-vietnams-newly-approved-fits\/","title":{"rendered":"Clenergy Supports COD Deadline for Vietnam\u2019s Newly Approved FITs"},"content":{"rendered":"<p>Image Courtesy: shutterstock<\/p>\n<p>The 2<sup>nd<\/sup>\u00a0Feed-in-Tariff for Solar in Vietnam was officially released by their government on the 6<sup>th<\/sup>\u00a0of April. It appears to be what the local market expected. The local government has set a new feed-in tariff (FIT) rate for #FloatingSolar, #Rooftop and utility-scale applications. The FIT tariff table is below.<\/p>\n<table width=\"595\">\n<tbody>\n<tr>\n<td rowspan=\"2\" width=\"56\"><strong>S. No<\/strong><\/td>\n<td rowspan=\"2\" width=\"161\"><strong>Solar Power Project<\/strong><\/td>\n<td colspan=\"2\" width=\"378\"><strong>Electricity Rate<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"161\"><strong>Vietnamese Dong<\/strong><\/td>\n<td width=\"217\"><strong>Equivalent to US cents\/ kWh<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"56\"><strong>1<\/strong><\/td>\n<td width=\"161\">Floating<\/td>\n<td width=\"161\">1,783<\/td>\n<td width=\"217\">$0.0769<\/td>\n<\/tr>\n<tr>\n<td width=\"56\"><strong>2<\/strong><\/td>\n<td width=\"161\">Ground-Mount<\/td>\n<td width=\"161\">1,644<\/td>\n<td width=\"217\">$0.0709<\/td>\n<\/tr>\n<tr>\n<td width=\"56\"><strong>3<\/strong><\/td>\n<td width=\"161\">Rooftop<\/td>\n<td width=\"161\">1,943<\/td>\n<td width=\"217\">$0.0838<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u201cWe have been anticipating the FIT 2 for over 10 months and it is a much-needed boost for Utility-scale projects moving forward in Vietnam. Even though the time frame for completion is very tight, we believed many projects will still be able to achieve the COD\u00a0(Commercial Operation Date)\u00a0in time by 31 Dec 2020\u201d &#8211; said Vincent Chan, Regional Manager\u2013 International Sales Dept.<\/p>\n<p>With over 400MW of mountings supplied into Vietnam for Utility projects, Clenergy has the experience, capacity, and capability to deliver the most cost-effective solutions in time to reach the\u00a0COD. Please contact your local team to have further discussion on your projects.<\/p>\n<p><strong>Phone<\/strong>: +86 592 3110095<br \/>\n<strong>E<\/strong>:\u00a0<a href=\"mailto:sales_vietnam@clenergy.com\">sales_vietnam@clenergy.com<\/a><br \/>\n<strong>Zalo<\/strong>:\u00a0+86 13696993433<\/p>\n<p>For more information on the release, download <a href=\"https:\/\/www.clenergy.com\/wp-content\/uploads\/2020\/04\/2nd-Feed-in-Tariff-for-Solar-in-Vietnam.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">the letter from the Prime Ministers office of the Social Republic of Vietnam<\/a>.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"featured_media":0,"template":"","media_press_release_project_type":[233,244],"media_press_release_region":[247],"media_press_release_tag":[],"class_list":["post-5644","media_press_releases","type-media_press_releases","status-publish","hentry","media_press_release_project_type-company-announcement","media_press_release_project_type-industry-news","media_press_release_region-vietnam"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Clenergy Supports COD Deadline for Vietnam\u2019s Newly Approved FITs<\/title>\n<meta name=\"description\" content=\"The 2nd Feed-in-Tariff for Solar in Vietnam was officially released by the government on 6 April. 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