Vietnam proposes financial support for residential solar, storage systems

Households in Vietnam could receive up to VND 3 million ($113.9) in investment capital for home solar-plus-storage systems installed for self-consumption, or a preferential loan of up to VND 40 million, under proposals from the country's Ministry of Industry and Trade.Vietnam's Ministry of Industry and Trade is proposing a set of financial mechanisms to support the deployment of residential solar and storage installations designed for self-consumption. The ministry's draft amendment sets out plans to offer households VDN 1 million ($37.97) to VDN 1.5 million in investment capital for home solar ...

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