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Solar power in Vietnam (Part 1): Potential and development barriers

30/11/2016

In Vietnam, the potential exploitation of solar energy in general and solar power in particular were modest. We have not taken many advantages of existing natural conditions in our country to develop solar energy. Vietnam is in the best location which has lots of sunshine and the solar radiation is very high. According to the study, Vietnam has much potential for developing the solar power with a total hours of sunshine per year is about 1400 - 3000 hours, the total average of 230-250 radiation kcal per cm2. However, the exploitation of solar energy in Vietnam is not yet significant. Most solar power projects across the country in small scale, such as solar water heaters using solar energy and some kind of small service and business.

The speed of solar power market's development is still very slow. The fact that, there are so many barriers related to the mechanism, policy and policy implementation process led to the pioneering businesses investing in solar power is really in trouble because they cannot find an outlet consumption for their energy products.

Although the government has policies to promote the development of solar power, but these policies are still incomplete, lacking cohesion policy in sync between the development of clean energy and the policy social economic development.

Viet Nam still lacks an effective mechanism to encourage the development of production equipment can be applied, using solar power. Most of the equipment or solar technologies are imported from abroad so the initial investment costs. Especially, that creates many difficulties for small and medium enterprises.

While solar power's price in the world has dropped very sharply in recent years, the investment cost of solar electricity in Vietnam is still very high and the government has not issued the electricity price of solar energy use. This reduces the attractiveness for investors.

Beside of lacking the investment and development policies, Viet Nam also has not had the policies to encourage highly qualified workforce to serve new industrial sectors - solar power, such as systems design engineer systems, construction and installation, repair and maintenance, management and operation, ect. The system of research and specialized training on solar power has not yet had the fully formed model. That is the reason leading to the lack of human resources which work in professional activities in the sector of solar power business.

Therefore, in order to overcome barriers and promote the best solar potential in our country, the question arises: How can the overall strategy and encouraging the development of solar power efficiency around the country?

CPSI

Posts Related Link: Solar power in Vietnam (Part 2)