Vietnam Solar Power Expo 2019 will be held in Hanoi in September

The Expo is co-organized by Vinexad, officially endorsed and supported by Ministry of Industry and Trade (MOIT), Vietnam Chamber of Commerce and Industry (VCCI), Vietnam Energy Association (VEA), and it combines with Large Exhibition, Keynote Forum, Onsite Technical Seminar, Project Match-Making Forum creating a one-stop business matching platform for all industry players to share their knowledge and to expand business contacts in Vietnam’s rapid growing solar energy sector.

Vietnam, the hottest destination for solar power investment in Asia Pacific, got around 4.5GW solar projects have been installed after its first round of FiT mechanism put into effect, with more than 1GW solar power installation for estimated yearly growth in the coming years.

To further enhance the renewable energy sustainable development in Vietnam, the Ministry of Industry and Trade of Vietnam (MOIT) released an updated draft (the New Draft) of the Decision of the Prime Minister on the mechanism for encouraging the development of solar power projects in Vietnam (the Draft Decision). Given that the current Decision 11 of the Prime Minister providing for the FiT of 9.35 US cents/kWh is in effect only until 30 June 2019, the Draft Decision would provide for a new FiT program for an additional 2 years from 1 July 2019 through 30 June 2021, for solar power projects in Vietnam. The decision proposes different levels of tariffs, classified by several irradiation regions of Vietnam and involving four different solar power technologies, which also indicates the government's policy to diversify solar investments in different regions of Vietnam.

Despite the challenges ahead, we witness the market quickly become the main focus of the key solar power stakeholders in the world and will continue attracting the investors, developers, OEMs, contractors rushing into the market.

This time, it is very honored to gather together 48 Exhibitors, 70+ professional speakers and 300+ companies participated in the Vietnam Solar Power Expo 2019, and let’s join hand to establish the bright future for solar power development in Vietnam!

Online Visitor Registration: www.neoventurecorp.com/vietnam-solar-power-expo-2019

About Neoventure International:

Neoventure International is an independent investment advisory agency based in Shanghai registered in HongKong, assisting international investors identify investment opportunities in emerging market. The footprints of Neoventure’s business spread across the region inclusive of some of the hottest investment destinations as China, India, Vietnam, Myanmar, Australia, Malaysia, Singapore, United Arab Emirates, Turkey, Laos PDR, Indonesia, Nepal and elsewhere.

The main focus of Neoventure’s business is in the power infrastructure sector. Neveoventure has been following the development of Vietnam’s infrastructure sector since 2010 and has successfully organized 6 renewable energy events in Hanoi, HCMC and Nha Trang respectively in the past 2 years with a total number of participants exceeding 3,000 and successfully advised several renewable energy acquisition deals in both solar and wind sector in Vietnam market.

Neoventure is dedicated to supporting keen investors and developers for successful development and investment in Vietnam’s renewable energy sector.

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