The Ministry of
Industry and Trade has recently issued Circular 16/2017/TT-BCT on project
development and the model purchase contract for solar power projects.
– The investor can
only set up a solar power investment project included in the provincial and
national level solar-power development plan; or provincial and national power
development plan that are approved.
– The contents of the
solar power investment project must comply with the regulations on management
of investment in construction and the following requirements:
+ Evaluate the impact
of solar power project connection plan on the power system in the area.
+ Having equipment
connected to the SCADA system or moderation information so that the forecast
information on electricity output can be transmitted per hour to the regulated
agency.
– The equity ratio of
grid connected solar power projects should not less than 20% of the total
investment.
– The area of
long-term land use shall not exceed 1.2 ha/01 MWp.
Circular 16/2017/TT-BCT takes effect on October 26th2017.
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