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Vietnam's PV Installations in 2020 is 25 Times Higher Than the Previous Year

Release date:2021-03-28 Source:Raytech Pageviews:-

According to the Vietnam Institute of Energy Economics and Financial Analysis (IEEFA), the cumulative installed capacity of rooftop solar projects in Vietnam at the end of 2019 was 378MW.

Inspired by preferential feed-in tariffs, Vietnam has installed more than 101,000 rooftop solar projects in homes, offices, and factories in 2020. Specifically, over 6GW of solar generation capacity has been added in December 2020 (of which 4.6GW in the last week of December).

As a result, the cumulative installed capacity of rooftop photovoltaics in Vietnam reached 9,296MW by the end of 2020, 25 times the capacity at the end of 2019.

Ningbo Raytech New Energy Materials Co., Ltd. specializes in double glass solar modules and bifacial solar modules manufacturing. The company has independent product R&D teams, national key laboratory and 1.2GW full-automatic manufacturing line. Raytech Double-glass modules come with 12-year product warranty and 30-year performance warranty (2 years and 5 years longer than industry's standard product / performance warranty respectively).

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