When the purchase prices of solar power are set through auction, prices are expected to fall by 30%-40% from the current levels, said experts at a seminar yesterday.

Technicians inspect solar panels at the Da Mi hydroelectric power station in the south-central province of Binh Thuan. Solar power prices are expected to fall 30%-40% when they are set via auction – PHOTO: EVN

At the seminar, entitled “Renewable energy in Vietnam-from policies to reality,” a representative of the International Finance Corporation said many countries have set power prices through auctions.

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