Vietnam installed 4GW of utility-scale solar in the past 12 months

first_img FacebookTwitterLinkedInEmailPrint分享PV Magazine:As developers scrambled to meet the end of June deadline to tap a generous feed-in tariff scheme, Vietnam saw unprecedented activity in its utility scale solar market, with multi gigawatts of PV capacity connected to the grid.While Australia and Vietnam have been progressively expanding over 12 months, the latest tally showed the Southeast Asian country had overtaken Australia for operating utility scale solar PV capacity, according to Norwegian consultancy Rystad Energy.Building on the previous year’s record volume of new large-scale PV capacity, Australia continued to expand its portfolio of commissioned projects. According to Rystad’s data, the nation’s operating capacity rose from less than 600 MW to 2.7 GW over 12 months. However, that performance was put in the shade as the Vietnamese market skyrocketed on the back of June installation figures, from less than 10 MW of operational generation capacity in June 2018 to more than 4 GW – a 400-fold increase.More than 60% of that capacity was commissioned last month, Rystad found. The average time for construction and commissioning in Vietnam was an astonishing 275 days.“Few would have predicted Vietnamese utility PV to exceed Australia’s by mid-year,” said David Dixon, senior analyst on Rystad Energy’s renewables team. “The commissioned capacity in Vietnam has exceeded our high case.”Rystad’s prediction was that 40 solar projects with a total generation capacity of 2 GW were due to come online in Vietnam this year, itself a big leap from just two large scale projects – the 49 MW Krong Pa and 35 MW Duc Hue PV farms – commissioned last year. However, according to Vietnamese state-owned utility EVN’s latest data, as many as 82 plants with a combined capacity of 4.46 GW were connected to the national grid by the end of June.More: Vietnam overtakes Australia for commissioned utility scale solar following June FIT rush Vietnam installed 4GW of utility-scale solar in the past 12 monthslast_img read more