On 3 July 2024, the Vietnamese Government enacted Decree No. 80/2024/ND-CP (“DPPA Decree”) on direct power sale and purchase agreement (“DPPA”) mechanisms between renewable energy generation companies (“GENCOs”) and large...more
Less than two weeks after the Vietnamese Prime Minister approved the national power development plan for 2021-2030 (“PDP8”), Hanoi and other major northern cities of Vietnam experienced serious electricity supply crunch...more