Renewable energy and the institutional challenge: In need of a harmonious solution
- 10
- Socially Responsible Enterprise
- 08:28 09/07/2025
DNHN - In the context of global energy transition becoming an irreversible trend, Vietnam has made remarkable strides in attracting investment in solar and wind power.
However, many renewable energy projects have fallen into a state of "limbo" due to administrative bottlenecks—particularly, the lack of a Commissioning Acceptance Certificate (CCA). According to a recent warning from the Ministry of Industry and Trade (MOIT), the risk of widespread and prolonged international disputes in the renewable energy sector cannot be taken lightly.

This warning is not without merit. As of now, up to 173 clean energy projects are still awaiting the green light for commercial operation, mainly because they lack a CCA—a procedure that was not required at the time these projects went online between 2019 and 2021. Circular 10/2023, issued by MOIT in June 2023, was the first regulation to mandate the CCA as a prerequisite for obtaining an electricity operation license. However, applying this new rule retroactively has put many investors in a difficult position, even though they had complied with all the legal procedures valid at the time of their implementation.
Numerous petitions have been submitted to authorities by renewable energy associations, businesses, and investors. The shared sentiment is clear: the current obstacles did not stem from the mistakes of the enterprises themselves but rather from a mix of external institutional factors.
Even Conclusion No. 1027 by the Government Inspectorate acknowledges that the responsibility lies with all three parties involved—the project developers, Vietnam Electricity (EVN), and the Electricity Trading Company. What is needed now is collaboration, not avoidance.
With dozens of projects still stalled due to the lack of a CCA, many businesses report facing retroactive changes to Feed-in Tariffs (FIT), delayed payments, and arbitrary curtailments of output. These issues have frozen capital, disrupted credit flows, and steadily eroded market confidence. Statistics show that among approximately 15,000 MW of connected renewable capacity, the remaining outstanding loans exceed $10 billion. This figure represents more than just financial strain—it is a warning sign that the entire investment ecosystem is at risk of fragmentation if institutional barriers are not urgently resolved.
Vietnam has committed to reaching net-zero emissions by 2050. To realize this pledge, the development of renewable energy must go beyond macro-level strategies and be translated into decisive, coordinated, and responsible actions at the implementation level.
The resolution of CCA-related project backlogs requires a flexible and pragmatic approach, not a rigid retroactive application of new rules. Regulatory bodies—especially EVN, as the intermediary electricity buyer—must urgently propose reasonable solutions.
Now is the time to reevaluate the role of institutions in safeguarding the legitimate interests of investors, while also preserving Vietnam’s reputation as a country making bold strides on the path toward clean energy transformation.
Văn Tâm - Nhật Quang
Related news
- National AI Center: Never hand the mission to those who don't understand the problem
- VinFast: a strategic pivot amid the green industry storm?
- 127 high-value projects post-merger: Ho Chi Minh City rolls out the red carpet for strategic investors
- Pakistani Ambassador to Vietnam: “Peace and unity are the strength to build the future.”
- Vietnam's Semiconductor Leap: Five Strategic Policies to Reach 2027 Goal
- What’s Vietnam’s game plan as President Trump pressures the Fed?
- SK Innovation and HD Hyundai (South Korea) step up cooperation with Khánh Hòa Province (Vietnam)
- Quang Tri attracts $96.5 mln in new projects in July
- A trade fair organizer surprises by joining the ranks of top-earning listed companies
- HDBank secures USD 215 million syndicated loan from JICA, SMBC, and FinDev Canada
- Samsung Electronics Vietnam inaugurates its first rooftop solar project at Bac Ninh Factory
- Promoting market development for science and technology products
- Sao Mai Group’s pangasius export segment embraces new opportunities
- Energy transition in Vietnam: Opportunities and challenges from coal power to renewables
- Renewable energy: Steering in the right direction of the times
- Clean energy must be protected by transparent, stable, and consistent policies
- European-standard ingredients: Inspiring culinary journeys from the heart of the kitchen
- The foundational mark of pioneers in renewable energy amidst an evolving legal framework
- Taste of Queensland: Strengthening Vietnam–Queensland Partnerships through Culinary Diplomacy
- The power of journalism in “upholding the right and eliminating the wrong”
Đọc thêm Socially Responsible Enterprise
Pakistani Ambassador to Vietnam: “Peace and unity are the strength to build the future.”
Against the solemn backdrop of the Chancery courtyard, the national flag of Pakistan slowly ascended to the stirring notes of the national anthem, officially marking the 79th Independence Day of Pakistan.
Energy transition in Vietnam: Opportunities and challenges from coal power to renewables
Vietnam has demonstrated a strong commitment to implementing a just and sustainable energy transition, with a pledge to achieve net-zero emissions by 2050.
Renewable energy: Steering in the right direction of the times
In less than three years, the global energy landscape has undergone a dramatic shift — like a tectonic plate moving beneath the surface.
Clean energy must be protected by transparent, stable, and consistent policies
In Vietnam, renewable energy is not only a solution to ensure energy security and reduce greenhouse gas emissions but also a key driver of a green, clean, and sustainable economy.
The power of journalism in “upholding the right and eliminating the wrong”
Journalism holds a genuine power—the power to “uphold the right and eliminate the wrong,” as President Ho Chi Minh once taught.
International sports events – a strategic boost for regional economies and tourism in Vietnam
Among all sports, golf has emerged as a particularly potent driver of regional development in Vietnam. With nearly 100 courses in operation and development, the country has repeatedly been recognized as Asia’s Best Golf Destination in recent years.
ESG strategy for small and medium enterprises: From compliance pressure to growth opportunity
Amid digital transformation and increasing demands for sustainable development, small and medium enterprises (SMEs) in Vietnam are facing mounting pressure to adapt swiftly or risk being left behind.
According to each style
Sao Mai Center 1 & 2 are located within the grounds of Sao Mai Resort Vung Tau - Phu My city - Ba Ria Vung Tau province.
Free vocational training opportunities for young people who want to study abroad at 'Ánh Hồng Mikade'
Recently, Luster International Joint Stock Company, in collaboration with Ánh Hồng Mikade Co., Ltd., officially launched the Ánh Hồng Spa and Therapy Massage Vocational Training Academy at Ho Chi Minh City.
Foreign Trade Entrepreneurs – reaching out to the world: A practical perspective on agricultural exports and logistics
Recently, the event "Foreign Trade Entrepreneurs – Reaching out to the world", organized by the Foreign Trade Business Association (FBA) in Ho Chi Minh City, brought together over 200 entrepreneurs, business owners.....