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Vietnam to Go Back to Solar Auctions, Decides to Ditch Feed-in-Tariffs

The FiT tariff will only be applicable for projects that are commencing construction and commissioning in 2020

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After months of confusion and uncertainty over the future of renewable projects in Vietnam, Prime Minister Nguyen Xuan Phuc has announced that the country will go back to conducting solar auctions, doing away with the feed-in-tariff (FiT) mechanism.

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