The Mechanism

How Does the Virtual DPPA Work?

Think of it as a financial contract, not a wire. The electrons don't travel from our solar farm to your factory. But the economics — and the environmental certificates — absolutely do.

The Smartest Way to Buy Clean Energy at Scale

A Direct Power Purchase Agreement under Vietnam's regulatory framework allows your business to contract renewable electricity from an off-site utility-scale solar or wind farm. The power is injected into the national grid, and you receive the corresponding Renewable Energy Certificates.

You continue to draw electricity from your local grid connection. But financially and environmentally, you're sourcing from a dedicated clean energy asset. Your carbon footprint shrinks. Your energy costs become predictable. And your supply chain auditors get exactly what they need.

No rooftop required. No physical infrastructure at your site. Just cleaner economics.

Utility-scale solar farm aerial view

Location Independent

No rooftop needed. No physical modifications. Access utility-scale clean energy from anywhere in Vietnam's grid.

A Hedge, Not a Fixed Bill

You agree a strike price with the generator for the volume you contract, typically for 15–20 years. Settled against the spot market, it steadies the energy part of your cost. Network, system and market charges are still billed by your power company on top, and they can change.

Full Compliance

Verified RECs for every MWh. Satisfy RE100, CDP and SBTi requirements with auditable documentation.

The Journey

The Procurement Flow

From strategic assessment to first REC delivery. We guide you through every step of Vietnam's DPPA framework.

01

Energy Profile Assessment

We analyze your electricity consumption, load profile, and sustainability targets. We determine the optimal DPPA volume and structure — whether you need 5 GWh or 50 GWh annually.

02

Project Matching & Structuring

We match you with a utility-scale solar or wind project that fits your volume, timeline, and risk appetite. We structure the DPPA terms — pricing, tenor, settlement mechanics, and REC allocation — to protect your interests.

03

Regulatory Navigation & Execution

Vietnam's DPPA framework is evolving. We handle the regulatory filings, EVN coordination, and contract execution. Our legal team — Blueberry Law — ensures every clause complies with current regulations and anticipates future changes.

04

Delivery, Monitoring & Reporting

Once live, you receive monthly REC allocations and transparent reporting. We manage the ongoing relationship with the generating asset, handle settlement reconciliation, and deliver the documentation your ESG team and auditors require.

Eligibility

Who Qualifies?

The grid route is open to the same electricity users as the direct line route — the qualifying threshold governs the direct power purchase mechanism as a whole, not one route or the other.

The threshold

20,000 kWh per month

Participation in the direct power purchase mechanism is open to electricity users consuming at least 20,000 kWh per month on average.

The same figure applies whether you take power over a private line or through the national grid. Clearing it opens both doors; falling short closes both.

It is on your EVN bill, and we will read it with you.

Which route fits

Grid route, or your own roof?

Qualifying tells you that you may buy directly. It does not tell you which route to use — that turns on volume and geography, not eligibility.

The grid route suits volumes larger than your own site could ever generate, multi-site portfolios, and businesses whose premises cannot host a system — leased offices, constrained roofs, operations spread across provinces.

The direct line route suits a site with usable roof or land and a daytime load, and delivers physical electricity rather than a financial settlement. See Solar-as-a-Service.

Many industrial users end up running both: rooftop for the base, a grid-route DPPA for everything above it.

Regulatory basis

The direct power purchase mechanism operates under Decree 57/2025/ND-CP, as amended by Decree 243/2026/ND-CP (in force 26 June 2026), which also extended participation to categories including data centres and electric vehicle charging operators, and recognised industrial park and cluster retail units as participants in their own right.

General information on the regulatory framework, current as at the date of publication — not legal advice on your specific situation.

Straight Answers

Your Questions Answered

How is a virtual DPPA different from rooftop solar?

Rooftop solar physically sits on your building. A virtual DPPA is a financial contract — you purchase clean energy from an off-site utility-scale project. The electrons flow into the national grid, and you receive the corresponding RECs. No physical installation at your facility required.

What volume of energy can I procure?

Virtual DPPAs are designed for scale. Typical contracts cover 5–100+ GWh annually — equivalent to powering large manufacturing campuses, industrial parks, or multi-site corporate portfolios. We can structure partial offtake if you don't need the full project output.

What's the contract duration?

Typical DPPA tenors range from 15 to 20 years, aligned with the generating asset's operational life. Shorter structures are possible depending on project maturity and your requirements.

Is the DPPA framework fully operational in Vietnam?

Yes. It is no longer a pilot. The direct power purchase mechanism operates under Decree 57/2025/ND-CP, amended by Decree 243/2026/ND-CP with effect from 26 June 2026 — which broadened the participant categories and reduced the consumption threshold that gates entry. Deals are being signed and built under it today. We work closely with regulators, and our legal arm, Blueberry Law, specialises in Vietnamese energy regulation and ensures your contract is compliant and stays that way as the framework develops.

Can I combine a DPPA with rooftop solar?

Absolutely — and many of our clients do exactly that. Rooftop solar covers part of your daytime consumption on site. A DPPA covers the gap to reach your 100% renewable target. We design integrated strategies that optimize cost and coverage.

How do settlement and pricing work?

The DPPA fixes your clean energy price for the contract duration. Settlement is typically monthly, based on metered generation from the project. You pay the DPPA price; any difference between the DPPA price and the spot/grid rate is settled financially. Your total energy cost becomes predictable.

Solar farm at golden hour

Scale Demands Scale.

If your sustainability ambition outgrows your rooftop, a DPPA is the answer. Let's discuss what's possible.