April 26, 2024

EuroCham Vietnam engages in discussions on rooftop solar energy and DPPA mechanism

On Wednesday, 24 April 2024, EuroCham Vietnam participated in a workshop hosted by the Ministry of Industry and Trade (MoIT) on the Direct Power Purchase Agreement (DPPA) mechanism and rooftop solar energy. Chaired by Minister Nguyen Hong Dien, the event aimed to collect feedback from the business community.

 

     
 

EuroCham was well-represented with contributions from Board Member Anita Holgersen, as well as attendance by EuroCham Corporate Partner DEEP C, and members of our Green Growth Sector Committee, including Asian Clean Capital Vietnam and GreenYellow. 

 

 

Board Member Anita Holgersen praised the MoIT for its efforts to enhance the legal framework for Direct Power Purchase Agreements and rooftop solar projects. She acknowledged EuroCham’s proactive approach in compiling member feedback on these drafts, highlighting our organization’s commitment to further dialogue with the ministry.

 

Mrs. Holgersen also underscored the significant potential for renewable energy investments in Vietnam, which are not only technically feasible and economically viable but also crucial for national economic growth. Emphasizing the need for a compelling business model, she stated that there is robust interest in renewable projects in Vietnam. These models, if attractive and bankable, can draw substantial foreign direct investment.

 

Additionally, Mrs. Holgersen announced the upcoming Green Economy Forum & Exhibition 2024 (GEFE 2024), scheduled for 21 to 23 October 2024 in Ho Chi Minh City. She extended an invitation to MoIT representatives, stressing the forum’s importance in fostering collaboration between Team Europe and Vietnam on sustainable development.

 

EuroCham has already actively provided feedback to the government regarding mechanisms for both DPPAs and rooftop solar, and we appreciate the MoIT’s openness to dialogue.

 

Concluding the workshop, Minister Dien reiterated the government’s commitment to achieving Vietnam’s carbon neutrality goals and enhancing the efficiency of the power sector through these regulatory updates. These mechanisms are designed to streamline the electricity market across generation, wholesale, and retail, and to position Vietnam towards a sustainable and circular economic model.

 

For a full report on the specifics of the discussion, read this piece from VN Economy.

More News

See all

May 24, 2024

EuroCham engages in the EU-Vietnam Research & Innovation Community Meeting

Read more

May 24, 2024

EuroCham participated in a consultation on Vietnam’s Direct Power Purchase Agreement Framework

Read more

May 24, 2024

Productive Dialogue at the Law on Standards and Technical regulations Consultation

Read more

May 24, 2024

EuroCham emphasises soft skills and sustainability training at a forum organised by the Ministry of Education and Training

Read more

May 24, 2024

[Sector Committee Spotlight] Transport and Logistics Sector Committee: driving Vietnam’s progress

Read more

May 22, 2024

[CORPORATE PARTNERS] BASF expands its biomass balance portfolio for selected chemical intermediates

Read more

May 22, 2024

[Work @ EuroCham] GEFE PROJECT OFFICER – based in Ho Chi Minh City

Read more

May 22, 2024

[Work @ EuroCham] CORPORATE RELATIONS cum MEMBERSHIP EXECUTIVE – based in Ho Chi Minh City

Read more

May 17, 2024

EuroCham convenes collaborative meeting with the EU Ambassador to Vietnam

Read more

May 17, 2024

Traditional Breakfast Commemorates Norwegian Constitution Day’s 210th Anniversary

Read more

May 17, 2024

EuroCham engages in Information Exchange Conference on Power Supply 2024

Read more

May 17, 2024

Welcoming New Members to the EuroCham Family!

Read more

May 17, 2024

EuroCham celebrates Europe Day in Ho Chi Minh City

Read more

May 17, 2024

EuroCham to further enhance Green Synergies with the Global Green Growth Institute (GGGI)

Read more

May 10, 2024

EuroCham congratulates VCCI on the successful launch of the 2023 Provincial Competitiveness Index (PCI) & Provincial Green Index (PGI)

Read more

May 10, 2024

EuroCham continues to engage in administrative reform dialogue with the Prime Minister’s Taskforce on Administrative Procedure Reform

Read more

May 10, 2024

EuroCham Vietnam celebrates European unity on Europe Day

Read more

May 03, 2024

[Sector Committee Spotlight] Nutritional Foods Group (NFG) Sector Committee

Read more

May 02, 2024

[CORPORATE PARTNERS] Nestlé Vietnam promotes initiatives on emission reduction

Read more

April 29, 2024

[Event Recap] EuroCham and PwC Vietnam’s business luncheon on “CSRD and Its Impacts on Businesses in Vietnam”

Read more

April 26, 2024

ASEAN Future Forum envisions sustainable, people-centered growth

Read more

April 26, 2024

EuroCham leaders meet with EU’s Asia-Oceania Working Party

Read more

April 26, 2024

EuroCham Vietnam Board Member Stuart Livesey joins VBF leadership for 2024

Read more

April 26, 2024

[CORPORATE PARTNERS] Deutsches Haus Ho Chi Minh City achieves Second LEED Platinum Certifications for Operation and Maintenance as first Building in Vietnam and South East Asia

Read more

April 25, 2024

EuroCham delegation holds strategic meetings with national authorities

Read more

April 19, 2024

[CORPORATE PARTNERS] BASF to showcase sustainable additive solutions at CHINAPLAS 2024

Read more

April 19, 2024

[Event recap] EuroCham’s Tourism & Hospitality Sector Committee’s “Travel Together” event emphasizes collaboration for a sustainable tourism future

Read more

April 19, 2024

EuroCham’s Construction Sector Committee and the Ministry of Construction’s International Cooperation Department forge stronger ties

Read more

April 19, 2024

EuroCham meets with the Electricity Regulatory Authority of Vietnam to discuss renewable energy policies

Read more

April 12, 2024

[Work @ EuroCham] GEFE PROJECT INTERN – based in Ho Chi Minh City

Read more

Pour une expérience optimale, veuillez tenir votre mobile à la verticale !

Platinum Partners

Gold Premium Partners

Gold Partners

Silver Partners

Premium Service Partners