Once again Vietnam has set another local record in its solar sector. This time it is for rooftop solar installation. At the end of 2020, the country’s rooftop solar installations added 9.3 gigawatts (GW) to its national grid.
Vietnam outdid itself with a new record by creating an eight-fold increase in rooftop solar by the end of December 2020 from only 378 megawatts (MW) in 2019. What is more jaw-dropping is that 6 GW out of the 9.3 GW was built in the last month of 2020; when the solar rooftop feed-in-tariff from the government was about to expire.Vietnam raised the bar even higher after its first unexpected solar boom in 2019 when the country racked 4.5 GW worth of installations in less than two years after the feed-in-tariff was launched. The recent achievement has effectively made Vietnam the world’s third-largest solar market in 2020 - link
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