Vietnam slashes power usage at its largest solar farm

Trung Nam Solar Power Plant in Ninh Thuan Province. Photo courtesy of Trung Nam Group

Vietnam has cut the utilization rate of power produced at its largest solar farm by 40% due to the lack of a pricing mechanism in place, authorities said on Tuesday, in a move that could be a blow to the country's drive to increase the use of renewable energy.

The power trading unit of state-owned utility EVN had cut the utilization rate to 278 megawatts (MW) from 450 MW at the Trung Nam - Thuan Nam solar power plant in the province of Ninh Thuan, the government said in a news release.

Vietnam, which last year pledged to become carbon-neutral by 2050, is seeking to increase its installed power generation capacity with a focus on renewables.

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