...AND CHEAPER...:

By the end of last year Vietnam had surpassed Malaysia and Thailand to reach the largest installed capacity of solar power in Southeast Asia, with 44% of the total capacity, according to figures from Wood Mackenzie, a firm that sells consulting services in the energy industry.

The figures show that Vietnam is serious about solar power, an issue that had been up for debate for years. Solar supporters were encouraged to see the government offer a high feed in tariff (FIT), a fee pioneered in Germany to let solar panel owners sell power to the grid. This helped push Vietnam to reach 5.5 gigawatts of solar capacity last year.

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