Vietnam has significantly increased the rate at which it purchases surplus electricity generated from rooftop solar panel systems. Previously, only 20% of excess power could be sold back to the national grid. The new regulation allows homeowners and businesses with rooftop solar installations to sell up to 50% of their surplus electricity. This policy change aims to encourage greater investment in renewable energy sources and promote sustainable energy practices. The increased buyback rate is expected to make rooftop solar more financially attractive for individuals and businesses. This move aligns with Vietnam’s broader efforts to diversify its energy mix and reduce reliance on fossil fuels. Details regarding implementation and specific eligibility criteria are expected to be released shortly.