{"id":47115,"date":"2025-03-27T22:50:31","date_gmt":"2025-03-27T15:50:31","guid":{"rendered":"https:\/\/anvilaw.com\/vi\/?p=47115"},"modified":"2025-04-04T15:08:57","modified_gmt":"2025-04-04T08:08:57","slug":"4-014-vietnam-renewable-energy-latest-problem","status":"publish","type":"post","link":"https:\/\/anvilaw.com\/vi\/4-014-vietnam-renewable-energy-latest-problem\/","title":{"rendered":"4.014. Vietnam renewable energy latest problem."},"content":{"rendered":"<h4><span style=\"color: #723918;\"><strong>Vietnam renewable energy latest problem.<\/strong><\/span><\/h4>\n<h5>(Refe) &#8211; Over 100 renewable energy projects, representing more than $13 billion in investments, are at risk of insolvency due to EVN\u2019s proposed temporary pricing.<\/h5>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"img-fluid img-fluid wp-image-47116 size-medium alignright\" src=\"https:\/\/anvilaw.com\/wp-content\/uploads\/2025\/03\/Picture1-6-450x272.jpg\" alt=\"Vietnam renewable energy latest problem.\" width=\"450\" height=\"272\" srcset=\"https:\/\/anvilaw.com\/wp-content\/uploads\/2025\/03\/Picture1-6-450x272.jpg 450w, https:\/\/anvilaw.com\/wp-content\/uploads\/2025\/03\/Picture1-6.jpg 606w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><\/p>\n<p>The state-run Electricity Purchasing Company (EVN-EPTC), under the Vietnam Electricity Group (EVN), has rolled out temporary electricity prices that have over 100 wind and solar projects \u2013 worth more than $13 billion \u2013 on edge. Investors are crying foul, saying it could sink their businesses, and despite some tense talks from March 11-15, no one\u2019s budging.<\/p>\n<h5><strong>What\u2019s EVN proposing?<\/strong><\/h5>\n<p>EVN\u2019s plan hinges on when projects got their Certificate of Completion Acceptance (CCA). If a project\u2019s CCA came after the FIT1 rate (9.35 US cents\/kWh) expired but before FIT2 (7.09 US cents\/kWh) kicked in, it drops to FIT2. If it missed both deadlines, it\u2019s stuck with a transitional rate of 1,184.9 VND\/kW \u2013 about 4.7 US cents. EVN says this is just a stopgap, based on a government resolution from December 2024, until the bigwigs sort it out.<\/p>\n<p>Nearly 80 investors showed up to hash it out with EVN, and they\u2019re not happy. They argue these new rules mess with their Power Purchase Agreements (PPAs)\u2014the deals they signed to sell power at set rates. Here\u2019s their beef: before mid-2023, no one told them a CCA was a must-have to lock in those juicy FIT prices. That requirement only popped up in June 2023, well after the FIT deadlines (like October 2021 for solar) had passed.<\/p>\n<p>\u201cIf this CCA was so crucial, why didn\u2019t EVN ask for it when we signed our contracts?\u201d one investor fumed. They\u2019re leaning on government docs that say FIT rates should stick unless they\u2019ve screwed up \u2013 which they insist they haven\u2019t.<\/p>\n<p>With $13 billion poured into these projects, the stakes are sky-high. Investors warn that slashing rates now could mean defaulting on loans or watching their stock tank. Some are even threatening to take this to international courts, claiming EVN\u2019s move breaks their PPAs and Vietnam\u2019s investment promises.<\/p>\n<p>This spat couldn\u2019t come at a worse time \u2013 Vietnam\u2019s pushing hard for green energy and big economic growth by 2030. If investors lose faith, that $13 billion could be just the start of what walks away.<\/p>\n<h5><strong>What\u2019s Next?<\/strong><\/h5>\n<h5>The investors want EVN to pay up if these temporary prices cause losses and then get reversed later. They\u2019re also begging for a sit-down with the Ministry of Industry and Trade or even the government to find a fix that doesn\u2019t leave them high and dry. <em>A local lawyer,<\/em> <em><a href=\"https:\/\/anvilaw.com\/vi\/lawyers\/truong-thanh-duc\/\">Tr\u01b0\u01a1ng Thanh \u0110\u1ee9c<\/a> (1), put it bluntly: \u201cYou promise investors something, you stick to it. If the rules were murky, that\u2019s on the state \u2013 not the companies busting their backs to get power online.\u201d<\/em><\/h5>\n<p>Vietnam\u2019s betting big on wind and solar to hit its climate goals, but this row could scare off the very people \u2013 foreign and local \u2013 who are supposed to make it happen. With ambitions to double renewable capacity in the next few years, sorting this out fast and fair might just decide if Vietnam stays a hot spot for green investment \u2013 or not.<\/p>\n<p><strong><em>Kim<\/em><\/strong><\/p>\n<p><em>&#8212;&#8212;&#8212;&#8212;-<\/em><\/p>\n<p><strong><em>Reference<\/em><\/strong><strong><em> (Vietnam Digest)<\/em><\/strong> <strong><em>ng\u00e0y <\/em><\/strong><strong><em>27-3<\/em><\/strong><strong><em>-202<\/em><\/strong><strong><em>5<\/em><\/strong><strong><em>:<\/em><\/strong><\/p>\n<p><em><a href=\"https:\/\/reference.vn\/vietnam-renewable-energy-latest-problem.html\">https:\/\/reference.vn\/vietnam-renewable-energy-latest-problem.html<\/a><\/em><\/p>\n<p><em>(<\/em><em>36\/520<\/em><em>)<\/em><\/p>\n<p>(1) <em><a href=\"https:\/\/anvilaw.com\/vi\/lawyers\/\"><span style=\"color: #0000ff;\">Lu\u1eadt s\u01b0<\/span><\/a> <a style=\"color: #0000ff;\" href=\"https:\/\/anvilaw.com\/vi\/lawyers\/truong-thanh-duc\/\">Tr\u01b0\u01a1ng Thanh \u0110\u1ee9c<\/a>, Gi\u00e1m \u0111\u1ed1c <a style=\"color: #0000ff;\" href=\"https:\/\/anvilaw.com\/\">C\u00f4ng ty Lu\u1eadt<\/a> <strong><a style=\"color: #723900;\" href=\"https:\/\/www.facebook.com\/anvilawfirm\">ANVI<\/a><\/strong><\/em>","protected":false},"excerpt":{"rendered":"<p>Vietnam renewable energy latest problem. (Refe) &#8211; Over 100 renewable energy projects, representing more than $13 billion in investments, are at risk of insolvency due to EVN\u2019s proposed temporary pricing. The state-run Electricity Purchasing Company (EVN-EPTC), under the Vietnam Electricity Group (EVN), has rolled out temporary electricity prices that have over 100 wind and solar [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":47116,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17,26],"tags":[44,34,46],"class_list":["post-47115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-binh-luan-gop-y","category-legal-media","tag-luat-su-dau-tu","tag-luat-su-doanh-nghiep","tag-luat-su-kinh-doanh-thuong-mai"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>4.014. 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