This week in Vietnam Solar market 2019/7/15

1. Jetion Solar has completed its first EPC project in Vietnam, 50MW Thuan Minh 2 Solar Farm with Helio Power and reached COD at the end of June. The project is the first of a 500MW pipeline for Jetion.

2. Sungrow, announced 1.4 GW PV plants in Vietnam utilizing its inverter solutions was connected to the grid as planned, significantly increasing Vietnam solar generation at large. The 1st round Solar FiT in Vietnam is ended by a success. For the next round, here is the market forecast researched by Neoventure with industry players. – There is little potential left in Binh Thuan and Ninh Thuan unless the grid infrastructure can be upgraded. – Rooftop solar C&I will be the hottest investment destination in Vietnam with the lower development cost, higher margin and FiT compared to the others. – The competition for intl EPC is more serious, how to collaborate with local is the key to win the market. – The area with top solar irradiation in zone 1 and zone 2 will receive more attention for utility-scale solar development in 2nd round. Join Vietnam Solar Power Expo 2019 to learn more market intelligence, for more info please visit: https://lnkd.in/epeiVKM