Global Renewable Energy Support Policies and the Role of VIoT Holding in the Energy Transition Ecosystem

Promoting renewable energy has become a strategic priority for many countries as they respond to climate change, ensure energy security, and pursue long-term sustainable development. To achieve these goals, governments worldwide have introduced robust policy frameworks to support clean energy—from financial incentives and technical standards to international agreements.

Within this landscape, VIoT Holding—a leading telecommunications and IoT technology company in Vietnam—is playing a pivotal role in building the infrastructure needed for intelligent energy measurement, monitoring, and management, enabling businesses, cities, and buildings to maximize the benefits brought by renewable energy policies.

Renewable energy is becoming the foundation of global carbon reduction and sustainable development strategies. To accelerate this transition, governments have developed diverse support mechanisms that create strong levers for enterprises, investors, and communities.

1. Financial Support Policies and Tax Incentives

Many countries implement financial measures to reduce upfront investment costs and promote clean energy deployment:

• Direct support: Subsidies for installing solar power systems in households, small businesses, or industrial zones.

• Tax incentives: Corporate income tax reductions, investment deductions, or tax credits for solar and wind energy projects.

These incentive mechanisms help organizations access clean technologies more easily and speed up the energy transition.

2. Renewable Energy Standards and Regulations

To enhance implementation effectiveness, many governments have issued technical standards and regulatory frameworks:

• Energy performance standards: New buildings must comply with energy-efficiency requirements or adopt renewable energy technologies.

• Renewable portfolio standards (RPS): Electricity providers must ensure a specific percentage of their supply comes from renewable sources, driving clean energy expansion.

These regulations foster a transparent and consistent environment for renewable energy markets.

3. Auction Programs and Allocation Mechanisms

Beyond tax policies and standards, market-based tools are widely used to optimize costs:

• Renewable energy auctions: Investors compete to offer the lowest price for clean electricity supply.

• Renewable Energy Certificates (REC): Clean energy projects can sell certificates for additional revenue.

Many regions and countries have set clear energy transition pathways:

• Europe: Net Zero by 2050 and at least 32% renewable energy by 2030.

• United States: Significant expansion of tax credits for solar and wind, and rejoining the Paris Agreement.

• China: Peak emissions by 2030 and Net Zero by 2060, currently leading the world in renewable capacity.

These commitments shape the global trajectory toward clean energy.

Cross-border agreements provide strategic direction and technical support:

• Paris Agreement: Commitments to reduce emissions and keep global temperature rise below 2°C.

• IRENA: Supports policy development, research, and project implementation for renewable energy.

International cooperation accelerates knowledge-sharing and fosters innovation in the energy sector.

In the coming years, renewable energy policies are expected to prioritize three key areas:

• Increased R&D investment in energy storage, smart grids, and AIoT-based energy management to enhance efficiency and reduce costs.

• Greater international alignment as globalization drives the need for harmonized energy standards and technology frameworks.

• Integration of renewable energy into low-carbon urban development, transportation infrastructure, and smart buildings.

Amid accelerating global renewable energy policies, VIoT Holding is emerging as a key technology provider delivering telecommunications and IoT infrastructure essential for intelligent energy systems.

VIoT Holding’s solutions play a significant role in:

• Ensuring data transparency for renewable energy projects, supporting REC certification and regulatory compliance.

• Optimizing the operation of solar systems, energy storage systems (ESS), and distributed energy resources through IoT platforms and intelligent metering.

• Helping enterprises, buildings, and cities meet energy-efficiency standards and emission reporting requirements aligned with international frameworks.

• Modernizing digital infrastructure to support Smart Grid, Smart Building, and Smart City development.

Through its combination of telecommunications expertise, IoT technologies, and real-world deployment experience, VIoT Holding is contributing meaningfully to the energy transition and the advancement of smart urban development in Vietnam and the region.