News · VnExpress

Provinces must finalize rooftop solar support policies by December

In a document dated October 22 from the Government Office, Prime Minister Lê Minh Hưng ordered provinces and cities to issue cash support policies for households installing self-use rooftop solar before December 31, calling it an urgent measure to ensure sufficient power in 2027. Battery storage systems (BESS) are encouraged alongside rooftop solar to reduce grid demand during peak hours of 17:30–22:30 daily except Sundays, and installations are to be promoted at offices, production facilities and industrial zones. As of mid-September, only Bắc Ninh and Lai Châu had issued household support policies; Bắc Ninh offers up to 1 million VND per kWp, capped at 3 million VND per household. The Ministry of Industry and Trade must assign rooftop solar targets to localities, especially in the north, before October 30, and as of end-July the country had 130,811 rooftop solar systems with total capacity above 11,200 MW.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Các tỉnh phải chốt chính sách hỗ trợ điện mặt trời mái nhà trong tháng 12

Read the original on VnExpress ↗

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Related tickers and likely impact

GEX

▲ Likely positive

Gelex Group JSC

Relevance: low

MarketVietnam stocks
ExchangeHOSE
SectorIndustrial Goods & Services
IndustryElectrical Components & Equipment
Market cap30,945 bn VND
P/E22.5
P/B1.56
Close on 10/22/202623.65
Change that session-0.84%
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REE

▲ Likely positive

REE Corp

Relevance: low

MarketVietnam stocks
ExchangeHOSE
SectorUtilities
IndustryMultiutilities
Market cap28,676 bn VND
P/E10.9
P/B1.32
Close on 10/22/202646.00
Change that session-0.54%
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PC1

• Neutral

PC1 Group

Relevance: low

MarketVietnam stocks
ExchangeHOSE
SectorConstruction & Materials
IndustryHeavy Construction
Market cap8,020 bn VND
P/E6.9
P/B1.20
Close on 10/22/202619.50
Change that session+1.56%
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