About Vietnam photovoltaic panel BESS price in 2025
According to the Ministry of Industry and Trade, the pricing for solar power with integrated battery storage in 2025 may reach up to 1,875 VND/kWh, higher than traditional solar power.
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About Vietnam photovoltaic panel BESS price in 2025 video introduction
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4 FAQs about [Vietnam photovoltaic panel BESS price in 2025]
Are solar plants equipped with Bess eligible for higher rates?
For the first time, solar plants equipped with BESS will be eligible for higher rates to compensate for the added complexity and investment costs. Tariff levels are also region-specific, taking into account solar radiation potential in Northern, Central, and Southern Vietnam.
How much does a solar project cost in Vietnam?
Overall, projects with storage receive higher FIT rates. Previously, Vietnam’s FiTs were relatively low. In January 2023, the top rate was NT$1.49/kWh for ground-mounted solar and NT$1.89/kWh for floating solar, with no regional or storage-based distinctions.
Are solar panels regulated in Vietnam?
Vietnam’s solar panel trade is regulated under Decree 26/2023/ND-CP, which outlines the Schedule of Export Tariffs and Preferential Import Tariffs. This decree, effective from July 15, 2023, sets specific import duties on goods, including solar panels and related components.
What are the requirements for a battery project in Vietnam?
The Vietnamese authorities also decided that battery projects under the FiT scheme must have at least 10% of a PV plant's capacity and offer at least 2 hours of storage. According to the latest statistics from the International Renewable Energy Agency (IRENA), Vietnam had approximately 18.66 GW of installed PV capacity at the end of 2024.
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