News & Analysis as of

Vietnam Renewable Energy Power Plants

A&O Shearman

Vietnam’s PDP8 gets a makeover

A&O Shearman on

On April 15, 2025, just under two years after unveiling the original National Power Development Plan for the 2021–2030 period, with a vision up to 2050 (the “PDP8”)1, the prime minister approved updates to the PDP8 (the...more

Jones Day

Vietnam's New Solar PPA: Strong Developer Interest Despite Bankability Concerns

Jones Day on

The Situation: Vietnam's draft model power purchase agreement ("Model PPA") for solar power projects issued in April 2017 departed from international market practice and fell short on bankability. The Action: Vietnam has...more

Jones Day

Vietnam's New Solar Power Policy

Jones Day on

Effective June 1, 2017, Decision No. 11/2017/QD-TTg ("Decision 11"), supports the development of solar power projects to address energy security concerns related to the overreliance on coal fired and hydropower projects....more

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