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vu-phong-magazine-september-2024

Vu Phong Magazine September 2024: Development Cooperation For Green Transition

Vu Phong Magazine for September 2024 highlights key activities of Vu Phong Energy Group in driving green transition and digitalization, with a special focus on our participation in the GRECO 2024 exhibition. Read now: Desktop Version: Read Magazine Mobile Version: Read Magazine September 2024 was marked by many notable Vu Phong Energy Group activities promoting green transition and digitalization, working […]

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Coordination and Sharing at the “Green Economy with Net-zero” Workshop at VIFA ASEAN 2024: The Path Toward Net Zero

On the afternoon of August 27, 2024, Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group and Director of VP Carbon, participated as both a speaker and moderator at the “Green Economy with Net Zero” workshop held during the VIFA ASEAN 2024 exhibition. This event introduced green transition solutions, aimed at helping the furniture and wood processing […]

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Comprehensive Solutions For Businesses Moving Towards Net-Zero | Vu Phong Magazine July 2024

In the July 2024 edition of Vu Phong Magazine, we highlight practical activities that accompany businesses in their green transition. This includes measurement platforms and rooftop solar project transfer solutions, alongside various activities by Vu Phong Energy Group, our member and associated aimed at reducing greenhouse gas emissions. On the journey to reducing emissions, businesses must systematically implement projects and […]

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Renewable Energy: Breakthroughs Around The World

The year 2024 has been remarkable for significant advancements in the renewable energy sector. These improvements help reduce carbon emissions and drive the sustainable development of the global economy. In this article, we will highlight some of the most notable advancements. Outstanding technological innovations Energy storage technology Solid-state batteries: Technology has substantially progressed, enhancing performance and reducing energy storage costs. […]

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overview-of-rooftop-solar-power

Overview of rooftop solar power: Opportunities for businesses

Rooftop solar power is one of Vietnam’s fastest-growing renewable energy sources, especially as the world strives toward sustainable development goals. While this transition offers numerous opportunities, Vietnamese businesses face challenges quickly aligning with the green shift trend. The Importance of Solar Power Developing solar power brings significant benefits not only to the environment but also to the economy. According to […]

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Talkshow: “Developing rooftop solar power: Which mechanism is suitable?”

On May 10, 2024, Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group and Director of VP Carbon, participated in the Talkshow: “Developing rooftop solar power: Which mechanism is suitable?” organized by Vietnam Economic Times/VnEconomy, along with other industry experts. The speakers, including Mr. An, Pham Dang, Ms. Mai, Nguyen Phuong – Consultant for renewable energy projects […]

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Increasing value for enterprises owning solar energy systems

In addition to environmental and social benefits, optimizing the economic advantages of rooftop solar energy systems is always a concern for businesses. Understanding this, Vu Phong Energy Group – a company with over 15 years of experience in renewable energy – introduces a value-added service package for businesses owning operational solar energy systems. Vu Phong Energy Group accompanies businesses with […]

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The Potential Of The Carbon Credit Market In Ho Chi Minh City

On April 22, 2024, the Ho Chi Minh city Institute for Development Studies (HIDS) organized a scientific seminar titled: “Development of the carbon credit market in Ho Chi Minh City.” The event attracted participation from businesses, experts, and scientists… During the three-hour session, the advisory board implemented “Resolution No. 98/2023/QH15 of the National Assembly on piloting certain mechanisms and policies […]

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the-carbon-credit-market

Businesses must proactively participate in the carbon credit market

Many large corporations have come to Vietnam to purchase carbon credits through financial mechanisms, while reducing emissions for Vietnamese businesses is an essential requirement in the global game. Without preemptive preparation, Vietnamese enterprises risk being slow and paying a high price, even facing survival risks against the “green barriers”. Many “key players” support the carbon credit market and green transitioning […]

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Greenhouse gas inventory and carbon neutrality consulting services – Net Zero for businesses

Greenhouse gas inventory is the first important step in helping businesses understand their emission situation, thereby developing reasonable and effective plans to reduce greenhouse gas emissions. What are greenhouse gas and which businesses need greenhouse gas inventory? Greenhouse gas & greenhouse gas inventory According to the Environmental Protection Law (issued on November 17, 2020), greenhouse gas are gas in the […]

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the-carbon-credit-market

Unlocking Vietnam’s Carbon Credit Market Potential

Vietnam has significant potential to grow its carbon credit market, especially as the global shift towards green transition and emission reduction to combat climate change gains momentum. To seize the opportunities presented by the development of the carbon credit market, businesses will need to overcome several challenges, starting with meeting international standards… Developing the carbon credit market in Vietnam According […]

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VIEXIM

Another member of the An Phat Holdings ecosystem uses renewable energy

On January 6, 2024, Export Import Development Investment Company Limited (VIEXIM), a subsidiary of Hanoi Plastics JSC, signed a collaboration agreement with VP Energy and Vu Phong Energy Group to develop a rooftop solar power system at the factory in Yen My district, Hung Yen province. With this agreement, VIEXIM becomes the latest member of An Phat Holdings’ ecosystem to […]

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Solar for House: Harnessing the Power of Solar Energy for Your Home

Harnessing the sun’s limitless energy, Solar for House initiatives in 2024 have transformed residential power consumption. With advancements in photovoltaic technology, homeowners are now empowered to not only diminish their carbon footprint but also enhance their property’s value and achieve energy autonomy. The installation of solar panels is no longer just an eco-conscious choice; it’s a financially savvy move, thanks […]

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Certificate REC

Overview of Renewable Energy Certificate (REC)

Renewable Energy Certificates (RECs) have emerged as a powerful tool in the global drive towards a sustainable energy future. These market-based instruments serve as a tradable record of the environmental attributes associated with renewable energy generation. By facilitating the purchase and sale of RECs, RECs incentivize the production of clean energy, reduce greenhouse gas emissions, and promote the growth of […]

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Power Purchase Agreement

Unlock Cost-Effective Solar Power with Vu Phong Energy Group PPA Model

What is the PPA (Power Purchase Agreement) Model? The PPA model, a cornerstone of the Vu Phong Energy Group’s operations, is a contractual framework that facilitates the buying and selling of energy. This long-term agreement, spanning 10 to 25 years, is established between an electricity producer and a consumer. It enables customers to enter into power purchase agreements with third-party […]

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Handing over the rooftop solar power system of Duy Tan

Handing over the rooftop solar power system of Duy Tan Binh Duong plastics factory

The rooftop solar power system of Duy Tan Plastics Company, a subsidiary of Duy Tan Plastics Manufacturing Corporation, in Binh Duong, has a capacity of 2.17 MWp. The system contains 16 SMA 110kW inverters and 3,289 high-performance 660W Canadian solar panels. On November 22, 2023, the system was officially handed over. Clean energy solution for the plastic industry VP cooperates […]

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CBAM

Preparing for CBAM: How Vietnamese Businesses Can Adapt

In just a few days, the EU’s Carbon Border Adjustment Mechanism (CBAM) will officially enter its transitional phase, starting October 1, 2023. Proactively adapting to CBAM is a challenge for many businesses in Vietnam, especially those in industries like steel, aluminum, cement,… CBAM & Electricity Emissions: What Businesses Need to Know Ho Chi Minh City needs a breakthrough development mechanism […]

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Many policy recommendations for the roadmap towards 100% renewable energy in Vietnam

On August 29, 2023, during the Seminar “Discussion on the energy transition roadmap towards 100% renewable energy and Net Zero in Vietnam,” many experts and energy industry leaders shared insights and discussed policy recommendations for achieving 100% renewable energy by 2050 in Vietnam. The seminar featured the participation of Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy […]

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50,000 corporations operating in Europe must report sustainable development

Approximately 50,000 companies must report on their sustainability efforts under the Corporate Sustainability Reporting Directive (CSRD). This includes both EU-based and non-EU corporations that operate within the EU. This directive will also indirectly affect many other businesses, such as those in the supply chain. How to Harness Solar Energy for Good and Profit Footwear enterprises use green standards to increase […]

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renewable-energy-development-in-ho-chi-minh-city

Opportunities and Challenges in Renewable Energy Development in Ho Chi Minh City

Renewable energy sources are acknowledged for Ho Chi Minh City’s significant contribution to environmental protection and sustainable development. Developing Renewable Energy in Ho Chi Minh City The topic of Voice of Vietnam (VOV) held on July 29 was “Developing Renewable Energy in Ho Chi Minh City – Opportunities and Challenges.” Mr. An, Pham Dang, Deputy General Director of Vu Phong […]

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Electricity saving solutions

Sharing document – Electricity saving solutions for manufacturing enterprise

Electricity costs often account for a significant proportion of a manufacturing business’s overall operational expenses, impacting product pricing and profitability. Efficient electricity-saving measures may assist enterprises in optimizing their operating expenses while simultaneously reducing greenhouse gas emissions, contributing to environmental protection. Electricity Consumption in the Industrial Sector The industrial sector is the nation’s largest energy consumer, accounting for over 50 […]

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solar-power-system-on-the-roof-of-chien-thang

VP Energy Installs 1.5 MW Solar Roof for Chien Thang

The 1.5 MWp solar power system will be installed on Chien Thang Industrial Company Limited’s rooftop. This system was developed under a Power Purchase Agreement (PPA) cooperation model, invested by VP Energy and Vu Phong Energy Group provided EPC general contractor and operation and maintenance (O&M). On July 22, 2023, the signing ceremony took place. Collaboration for rooftop solar power […]

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carbon-capture-and-storage

Carbon Capture and Storage (CCS) technology on the Journey to Net Zero

International experts recognize Carbon Capture and Storage (CCS) technology as a critical intermediate and long-term solution to achieve net-zero emissions. >What is carbon capture and storage? Carbon Capture and Storage (CCS) is a process that captures carbon dioxide (CO2) emissions from various sources and transports them to safe, long-term storage locations, such as deep geological formations underground or under the […]

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ho-chi-minh-city-will-have-additional-rooftop-solar-power

HCMC Installs Rooftop Solar on Public Administrative

In Ho Chi Minh City, administrative agencies and public service units will be permitted to install rooftop solar power systems. This is one of the mechanisms and policies recently approved by the National Assembly in Resolution No. 98/2023/QH15 on piloting a number of specific mechanisms and policies for the development of Ho Chi Minh City. Many opportunities for energy collaboration […]

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The first farm and dairy factory in Vietnam Certified Carbon-Neutral

Vinamilk’s dairy farm and milk factory in Nghe An has recently received the PAS 2060:2014 Carbon-Neutral certification, making Vinamilk the first dairy company in Vietnam to achieve Carbon-Neutral at both the factory and farm. The total greenhouse gas emissions neutralized by these two units, according to Vinamilk’s report, are equal to 17,560 tons of CO2 (equivalent to nearly 1.7 million […]

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What are the advantages of businesses pursuing sustainable development?

Sustainable development is known as a way of helping businesses to remain competitive in the market. And what are the unique advantages of enterprises moving toward sustainable development? Impressive textile factories rooftop solar power system Assessing Sustainable Development: Principles and Criteria From the urgent requirement of practice A sustainable development strategy that is closely linked to business goals is seen […]

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Vu Phong Energy Group’s outstanding activities in April 2023

Vu Phong Energy Group outstanding activities in April 2023

In April 2023, amidst record-breaking heatwaves or the “worst heat wave in Asian history,” the engineers at Vu Phong Energy Group continue to work tirelessly towards developing clean energy systems with the goal of early operation and system transfer to manufacturing businesses. Utilizing renewable energy and sustainable development not only helps businesses increase market competitiveness, but also contributes to reducing […]

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the development of Ho Chi Minh City's green economy

The rooftop solar systems will have a significant role in the development of Ho Chi Minh City’s green economy

The development and use of clean and renewable energy sources, notably rooftop solar power, is a necessary solution that will greatly contribute to the construction and growth of a green economy in Ho Chi Minh City. This is the consensus of experts who spoke at April 18, 2023, Meeting “Building and Developing a Green Economy in Ho Chi Minh City,” […]

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outstanding activities in March 2023

Vu Phong Energy Group’s outstanding activities in March 2023

In March 2023, Vu Phong Energy Group continued implementing projects and started a solar power system project at Dalat Hasfarm’s farm (Da Lat, Lam Dong). During the month, Robot VPT-RB1200-S1, 100% “Make in Vietnam” product of Vu Phong Energy Group, was also displayed at the “green economy” exhibition within the framework of the High-Quality Vietnamese Products 2023 announcement program and […]

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ho-chi-minh-city-needs-to-mechanism-in-neutralizing-emissions

Ho Chi Minh City needs a breakthrough development mechanism to pioneer in neutralizing emissions

Ho Chi Minh City has the potential to be pioneering in achieving emission reduction targets, the neutrality of greenhouse gas emissions, and the increased use of renewable energy. However, the locality requires some groundbreaking development mechanisms to exploit this potential fully. The Ho Chi Minh City National Assembly Delegation held a Meeting on March 30 to discuss and comment on […]

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rooftops solar power systems for businesses

Successfully developing & transferring many rooftops solar power systems for businesses

Amidst the burgeoning eco-conscious movement, solar power systems for business have emerged as a beacon of sustainability, significantly diminishing emissions and the carbon footprint associated with industrial operations. The innovative PPA (Power Purchase Agreement) model , a brainchild of Vu Phong Energy Group, stands out for its tangible and efficacious advantages. This avant-garde model has enabled Vu Phong to ingeniously […]

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Robot 100% “Make in Vietnam” for green energy at green economy exhibition

Vu Phong Energy Group’s VPT-RB1200-S1 Robot for cleaning solar panels, a 100% “Make in Vietnam” product, was recently on display at the “green economy” exhibition as part of the program to announce the High-Quality Vietnamese Products 2023 on March 14, 2023, at Reunification Convention Hall (Ho Chi Minh City). Vu Phong Energy Group congratulates Vietnam Entrepreneur’s Day on October 13 […]

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solar-project-at-dalat-hasfram

Harnessing Solar Power at Dalat Hasfarm with Vu Phong Energy

Dalat Hasfarm is taking a new step toward sustainable development by using clean energy from solar power – the PPA (Power Purchase Agreement) model invested in by ecoligo Fund (Germany), developed and provided EPC contracting services by Vu Phong Energy Group. The project’s kick-off ceremony was held on March 15, 2023. Reducing greenhouse gas emissions and promoting sustainability Successfully developing […]

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back-up-solar-power-system

Ensuring Continuous Power: The Benefits of Back Up Solar Power Systems

In today’s modern world, where electricity powers nearly every aspect of our lives, the need for a reliable backup power system cannot be overstated. Whether it’s a sudden blackout caused by inclement weather or a planned maintenance outage, being without power can disrupt our daily routines and jeopardize critical functions. That’s where back up solar power systems come into play, […]

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renewable-energy

Renewable energy advantages and disadvantages – A practical perspective

Many countries are investing in renewable energy, which is considered the future of the global energy industry due to its numerous advantages. However, it also has some disadvantages that need to be considered. Here are the advantages and disadvantages of renewable energy. What are the advantages of businesses pursuing sustainable development? Sun, Savings, and Surprises: The Truth About Going Off-grid […]

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Flexible Rooftop Solar Power A Key to Sustainable Energy

The adoption of a Rooftop Solar Power policy, characterized by its flexibility, stands to create a favorable landscape for investors and manufacturers alike. Such a policy would pave the way for the widespread adoption of clean energy solutions, offering a dual advantage: it would facilitate a greener footprint for businesses while also providing a lucrative avenue for investment in sustainable […]

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what-is-solar-energy

What is solar energy and its usage?

What exactly is solar energy? What is the use of solar energy in everyday life? What is solar power, what types of solar power systems are there? This article will be of great detail! What is solar energy? Solar energy was the first energy source in the world that humans used before discovering how to make fire. Solar energy is […]

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Climate finance

COP27 Climate Finance The Trillion Dollar Hurdle to Net Zero

In our collective quest to achieve our Climate Finance objectives, we have witnessed a surge of commitments aimed at reducing greenhouse gas emissions and achieving carbon neutrality. These commitments are part of a comprehensive suite of strategies crafted to address the growing menace of climate change. Drive action for global climate goals COP26: Joint voice to protect the future of […]

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Footwear Industry’s Leap Through Sustainable Practices

Vietnam’s leather and footwear industry is expanding rapidly. However, when deeply involved in the global supply chain, domestic enterprises’ position is still lower than FDI enterprises. Towards sustainable development and environmental protection, solving technological issues, enhancing production capacity… is regarded as a motivating force in helping businesses enhance their positions. The highlight number of carbon pricing US develops solar farm […]

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Excellent operation of BIM 2 Solar Power Plant for three consecutive years

Engineers from Vu Phong Tech – Vu Phong Energy Group gradually mastered the technology and consistently achieved excellent results in the operation and maintenance of the BIM 2 Solar Power Plant (Thuan Nam, Ninh Thuan) via initiative and professionalism. The solution to optimizing the performance of operating solar farms Excellent operation of BIM 2 Solar Power Plant for three consecutive […]

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he-thong-solar-tracker

Solar Tracker System Specifications: Everything You Need to Know

Solar Tracker System has a high feasibility consideration in the correlation between two economic-technical criteria among the approaches that have been researched to enhance the performance of the solar battery system. The information in this article will help you understand more about the specifications of these systems. Advantages of a Solar Tracker System On the world’s solar radiation map, Vietnam […]

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install-solar-panels

Install Solar Panels for Self-Sufficient Electricity

Installing solar panels for residential use has emerged as a popular solution for homeowners seeking to reduce their reliance on traditional electricity sources and achieve energy self-sufficiency. During the recent lockdown period, many residents of Kerala were caught off guard by unexpectedly high electricity bills, prompting them to explore alternative, cost-effective options. Solar panels offer a sustainable and financially viable […]

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solar-panels-schools-hospitals-prisons-power-queensland-renewable-future-report-finds-1

Solar Panels on Schools – Key to Powering Queensland with Solar Energy

Recent studies have illuminated the potential of Solar Panels on Schools and other public buildings in Queensland as a pivotal resource for harnessing solar energy to electrify the state. Install Solar Panels for Self-Sufficient Electricity Schools Go Solar: How Solar Panels Can Reduce Electricity Bills and Carbon Footprints The Study and Its Revelations Initiated by the Australian Conservation Foundation, the […]

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dual-profit-model-solar-green-house

Dual-Profit Model – Solar Greenhouse

Solar greenhouses are a revolutionary idea that has evolved at a time when the globe is struggling to adapt to the issues of climate change and ensuring food distribution. This unique method, which is also referred to as agrivoltaics, combines conventional greenhouse agriculture with the generation of solar energy, ultimately resulting in the creation of a mutually beneficial system that […]

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asset-management-services

Vu Phong & Steag: Value-Driven Asset Management for Vietnam Wind Farms

Vu Phong Energy Group and Steag Energy Services GmbH (Germany) are collaborating to provide Value Driven Asset Management services to Vietnam’s growing wind power industry. This service helps in the optimization of the factory’s output potential, as well as the maximization of asset value and profit for investors. Upcoming Event: STEAG Digital Energy Week (November 08-11, 2021) Increase about 5% […]

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solar-panel- in space

CNN exclusive: A solar panel in space is collecting energy that could one day be beamed to anywhere on Earth

Scientists working for the Pentagon have successfully tested a solar panel the size of a pizza box in space, designed as a prototype for a future system to send electricity from space back to any point on Earth. The panel — known as a Photovoltaic Radiofrequency Antenna Module (PRAM) — was first launched in May 2020, attached to the Pentagon’s X-37B unmanned […]

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Project to install 11,000 solar energy dustbins underway in Hanoi

Hanoi is carrying out a project to install around 11,000 solar energy dustbins across the city, aiming to help protect the environment. Renewable energy – The answer for environmental protection Vietnam abandons “competitive bidding” plan for solar power plants Accompanying VPBank Hanoi Marathon 2022 – “Bright up Vietnam” Project to install 11,000 solar energy dustbins Initially, the project’s first phase […]

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ibc-back-contact-solar-roof-electric-vehicles

IBC back-contact solar roof for electric vehicles

Dutch EV start-up Lightyear is already producing prototype roofs to extend the range of its Lightyear One solar car. The roofs will feature interdigitated back contact solar cells made by U.S. company SunPower and backsheets from Dutch multinational DSM. The Lifespan of Solar Panels Transparent Solar Panels: The Clear Way For The Future The solar roof will extend the range […]

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Combining Solar Panels and Agriculture: A New Study Shows Crops Thrive Underneath Solar Panels

Solar panels may be able to supply us with much more than just clean energy; this new research says that it might also help crops to thrive in arid areas. Tinted Solar Panels Can Help Farms Generate Clean Energy While Growing Food Dual-Profit Model – Solar Greenhouse Green in Tan My The Exciting Potential of Combining Solar Panels and Agriculture […]

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happens-schools-go-solar

Schools Go Solar: How Solar Panels Can Reduce Electricity Bills and Carbon Footprints

New research published in the peer-reviewed journal Environmental Research Letters suggests that school rooftops and campuses could be an untapped resource for solar energy, which could help shrink electricity bills and reduce the education sector’s carbon footprint. Renewable energy – The answer for environmental protection Solar Panels on Schools – Key to Powering Queensland with Solar Energy Bringing solar energy […]

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