News & Analysis as of

Power Purchase Agreements Vietnam

Orrick, Herrington & Sutcliffe LLP

South and Southeast Asia, the Next Frontier of cPPAs

Corporate power purchase agreements (cPPAs) have seen exponential growth in the Southeast Asia region over the last year. This has largely been on account of increased corporate and governmental decarbonisation targets,...more

Akin Gump Strauss Hauer & Feld LLP

Energy in ASEAN: Developments in the Wind Energy Market in Vietnam

Wind power project developers were buoyed in April by the news that Vietnam’s Ministry of Industry and Trade (MOIT) had submitted Official Letter no. 2491/BCT-DL (“MOIT Proposal”) to the government, proposing to extend...more

BCLP

Vietnam Wind 2019: Redux

BCLP on

A month after our last article - Vietnam Wind - A look ahead to 2019 - was published, Circular 02/2019/TT-BCT (Circular 02) came into effect. Attached to Circular 02 is a new PPA (2019 PPA) for wind farm projects to be used...more

BCLP

Vietnam Wind

BCLP on

While there are concerns over the support structure and PPA, market interest has been strong and (onshore) wind projects are getting built. Although projects may not be moving forward on a traditional international project...more

Jones Day

Vietnam's New Solar PPA: Strong Developer Interest Despite Bankability Concerns

Jones Day on

The Situation: Vietnam's draft model power purchase agreement ("Model PPA") for solar power projects issued in April 2017 departed from international market practice and fell short on bankability. The Action: Vietnam has...more

Jones Day

Vietnam's New Solar Power Policy

Jones Day on

Effective June 1, 2017, Decision No. 11/2017/QD-TTg ("Decision 11"), supports the development of solar power projects to address energy security concerns related to the overreliance on coal fired and hydropower projects....more

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