Vietnam Offers Higher Solar Power Payments in Cloudy Regions

Solar investors in Vietnam could be encouraged to eye even the cloudiest corners of the country because of a government plan to base what it pays for solar-generated electricity largely on where the power originates.

A Ministry of Industry and Trade proposal, which is open for public comment until Feb. 20, offers higher feed-in tariffs for those who generate solar power in the north, where the weather fluctuates most, followed by the central region, and then finally the sunny south.

The rates, paid by the state utility Electricity Vietnam (EVN) for those adding solar power to the electricity ...