Amongst other renewable energy sources, solar energy in Vietnam has been making the most headway in recent times.
As Vietnam takes strong steps to develop its solar energy market, GE is bringing in advanced technology solutions to help the country unlock its solar potential.
Declining costs of solar photovoltaic (PV) panels and energy storage systems have inspired customers and businesses to change the way we produce and consume electricity. Already, several shopping malls and factories in Thailand are using rooftop solar PV systems, which convert sunlight into electricity, to help power their operations and lower their electricity bills.
A shortage of policies on power tariffs for renewable energy, particularly solar electricity, has prevented the sector from attracting investors, said Prof Dang Dinh Thong from the Vietnam Clean Energies Association (VCEA).