Feed-In Tariff

World Bank suggests a new strategy could transform Vietnam into a solar powered metropolis, creating thousands of jobs

Following the closure of the Feed-in Tariff (FiT) scheme to new applicants in March 2019, the government has acknowledged that small-scale renewable energy generators need to be paid for the electricity that they export to the grid.

The energy supplier failed to make some of the FiT payments that were due as part of the payment plans previously set out with the regulator

Around 327MW of onshore and offshore wind capacity has been installed so far

The Smart Export Guarantee places a legal obligation on energy suppliers with more than 150,000 customers to introduce export tariffs by 1st January 2020

The supplier was previously banned from taking on new customers due to its poor switching process and customer service

It consists of 30 rooftop installations at schools, leisure centres, colleges, swimming pools and local businesses

It comes as the government’s Feed-in Tariff (FiT) scheme closes today

The Big Six supplier received £4.07m more in payments from the annual levelisation fund than what it was entitled to

The initiative will support the deployment of 350MW of capacity