Vietnam's Decree 135: Boost for Rooftop Solar Power & Green Transition

VP Carbon > News > Recycled energy > Vietnam’s Decree 135: Boost for Rooftop Solar Power & Green Transition

Navigating the complexities of transitioning to renewable energy in Vietnam? For businesses looking to embrace sustainability, rooftop solar power is rapidly becoming a vital strategy. October 2024 brought a significant shift with the issuance of Decree No. 135/2024/ND-CP, designed to boost self-production and self-consumption of solar energy. To simplify this crucial regulatory change, Vu Phong Magazine has prepared a comprehensive overview for Vietnamese manufacturers, detailing how they can leverage this opportunity to achieve their renewable energy goals, including the potential for 100% renewable energy usage. Discover how to proactively implement these changes and unlock new possibilities for your business – read on to learn more.

A significant development for rooftop solar power in Vietnam occurred on October 22, 2024, with the issuance of Decree No. 135/2024/ND-CP. This decree establishes mechanisms to encourage self-production and self-consumption of solar power, creating new opportunities to accelerate the green transition within the country. To aid businesses in understanding and implementing these changes, the October 2024 edition of Vu Phong Magazine provides a detailed overview of Decree No. 135. This resource aims to help businesses quickly grasp the key provisions and proactively embrace self-production and self-consumption rooftop solar power solutions, ultimately contributing to 100% renewable energy usage. For comprehensive details, please refer to the Vu Phong Magazine October 2024 edition.

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The October 2024 edition of Vu Phong Magazine also focuses on supporting manufacturing businesses as they navigate Decree No. 135 and its implications for achieving a greener, more sustainable future. Beyond the decree, the magazine highlights several collaborative initiatives designed to foster community and corporate development.

“Green Journey, Digital Learning” Project: On October 26, 2024, Construction Joint Stock Company 47 (CC47), Vu Phong Energy Group, Xanh Yeu Thuong (), AI Education, and SUN Edu launched the “Green Journey, Digital Learning” project in Quy Nhon, coinciding with CC47’s 50th anniversary. This impactful project focuses on improving infrastructure and promoting digital transformation in remote schools, including the installation of solar-powered restroom facilities and the provision of essential educational tools like Chromebooks and Google Workspace for Education. This initiative is expected to benefit over 5,000 students annually.

Conference on Legal Documents in the Electricity Sector: A representative from Vu Phong Energy Group actively participated in a conference on legal documents related to the electricity sector on October 25, 2024. The event, organized by the local Department of Industry and Trade, aimed to promote efficient energy use and review greenhouse gas emissions within the industrial sector for 2024, attracting participation from 100 major electricity-consuming companies.

Business Delegations and Partnerships: In line with Goal 17 – Partnerships for the Goals, Vu Phong Energy Group engaged with entrepreneurs from the Gia Dinh Branch of the HCMC Young Businesspeople Association and a delegation of Singapore start-ups from Quest Ventures. These meetings explored potential collaborations focused on sustainable initiatives, emerging renewable energy trends, and the overall green transition.

The activities undertaken in October 2024 underscore Vu Phong Energy Group’s unwavering commitment to promoting renewable energy solutions and digital transformation. Through strategic partnerships, active policy engagement, and participation in key industry events, Vu Phong Energy Group continues to lead in delivering innovative energy solutions and supporting businesses in their journey towards Net Zero emissions and expanded international reach. The group is actively assisting businesses in leveraging opportunities presented by initiatives like Decree No. 135 to maximize the benefits of rooftop solar power in Vietnam.

() Vietnamese: Xanh Yeu Thuong

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