Environment

More solar panels installed in HCM City

More than 270 businesses and households in Ho Chi Minh City have installed solar power panels on roofs with a total capacity of about 3,600KWp, according to the HCM City Power Corp under Electricity of Vietnam.
More solar panels installed in HCM City ảnh 1Customers learn about solar panels at a solar energy company in District 1, HCM City. (Source:VNA)

HCM City (VNA) - More than 270businesses and households in Ho Chi Minh City have installed solar power panelson roofs with a total capacity of about 3,600KWp, according to the HCM CityPower Corp under Electricity of Vietnam (EVN HCM City).

Of the figure, electricity from 245 solarpower systems has been sold to the national electricity grid.

Pham Quoc Bao, Deputy General Director of EVNHCM City, said the city has great potential to develop solar power systemsconnected to the grid, and that residents and enterprises should promote theuse of solar power.

The corporation has targeted a total installedsolar power capacity of about 5MWp this year, he said.

According to figures from the Ministry ofIndustry and Trade, HCM City has the highest level of solar radiation in thecountry with about 300 sunny days each year.

The average solar radiation is 1,581KWh/m2 peryear, equivalent to 4.3KWh/m2 per day, in the city.

The maximum potential of solar power fromhigh-rise apartment buildings and other households could be up to 1,000MWp.This would help ensure power supply in the city, particularly during the dryseason.

The corporation has developed incentives toencourage residents and enterprises install solar power systems.

The installation of a 1KWp solar power systemon an area of about 8 sq.m costs about 22-30 million VND (966-1,318 USD).

A household only needs an area of 32sq.m toinstall a 4KWp solar power system instead of paying about 1 million VND (44 USD)per month (excluding tax) for using a monthly average of about 500KWh ofelectricity.

Solar power sales at the Electricity of Vietnamtook effect in October 2017.

Accordingly, all output produced by solarpower projects operating before June 30, 2019 will be purchased for 2,086 VND (9.3US cents) per KWh (excluding VAT) for 20 years.

However, there are still some bottlenecks inpurchasing solar power. For example, residents who sell electricity cannotissue value-added tax invoices.-VNA


VNA
#solar power panels#EVN#national electricity grid#solar radiation#power supply#Ho Chi Minh City#Vietnamplus#Vietnam News#Vietnam News Agency
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