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 services that include purchasing operational rooftop solar systems, registering and trading International Renewable Energy Certificates (I-RECs), and operation and maintenance (O&M) services. These solutions open up new opportunities to increase value for businesses.

Value-adding solutions for rooftop solar systems

1. Solar system acquisition

Vu Phong offers a service to buy operational rooftop solar systems under suitable conditions, ensuring profitability and minimizing financial risks for businesses.

This is optimal for businesses looking to redirect investments, reduce operational burdens, or restructure their business resources. Vu Phong not only provides quick divestment opportunities for systems no longer aligned with business strategies but also ensures your system continues to operate efficiently, contributing to the mission of developing clean energy, reducing greenhouse gas emissions, and achieving the Net-Zero goal by 2050.

Acquisition process

• Evaluation and Consultation: Vu Phong Energy Group’s team will conduct a comprehensive assessment of the rooftop solar system, providing a detailed analysis of operational efficiency, technical status, and future profit potential to advise on a suitable acquisition price.
• Contract Proposal: Once the system’s value is agreed upon, Vu Phong will prepare a transparent and clear acquisition contract with terms that balance benefits for all parties involved.
• Transfer: With flexible and prompt payment options, we ensure the transfer process occurs conveniently.

Our solar project buyback solution helps businesses ensure profitability

2. Registration and trading I-REC

Owning an I-REC certificate helps businesses demonstrate commitments related to ESG practices and sustainable development, attracting investors and increasing competitiveness in the market, especially when international markets require importers to comply with policies like CBAM.

VP Carbon (a member of Vu Phong Energy Group) provides comprehensive support services to help businesses register for the International Renewable Energy Certificate (I-REC). With a dedicated team of experienced personnel, VP Carbon will work closely with businesses in the registering and trading of I-REC certificates, ensuring compliance with strict international standards.

I-REC registration process

Step 1: Customers submit requests for advice regarding their I-REC needs.

Step 2: VP Carbon provides the necessary forms and documentation to facilitate the registration or transaction of I-REC.

Step 3: Customers fill out information and submit documents to VP Carbon for the team to review and provide a price quote.

Step 4: Finalize the quote, execute the contract, and proceed with the registration or transaction of I-REC.

I-REC is used to prove the amount of electricity generated from renewable energy sources like solar power

3. Operation and Maintenance (O&M) services

Operating and maintaining a solar power system is crucial in optimizing performance and ensuring long-term stability. Therefore, our services focus on helping businesses efficiently utilize the capacity of solar energy systems while preserving and enhancing their lifespan. During the operation of a solar project, technical issues may arise, ranging from problems with solar panels—due to manufacturer defects, usage habits, or external environmental factors like dust and shading… These factors directly affect the system’s performance and can reduce the panels’ lifespan.

Our O&M (Operation and Maintenance) services aim to ensure that solar power systems operate at peak efficiency, minimize unforeseen risks, improve the Levelized Cost of Energy (LCOE), enhance Return on Investment (ROI), and optimize investment benefits for investors. This gives our partners peace of mind about their business operations and contributes to environmental protection by maintaining and optimizing renewable energy sources.

The basic O&M package includes:

• System monitoring
• Preventive maintenance and periodic servicing
• Troubleshooting: Diagnosis and repairs to keep the system running smoothly
• Monthly and yearly reports, incident reports
• Regular cleaning of solar panels

With a commitment to quality and efficiency, our services provide continuous, professional monitoring from a team of experienced engineers in solar system operations. This service ensures the detection and prompt resolution of unforeseen issues during operation, proposing timely maintenance and repair measures. Based on actual conditions, system cleaning and maintenance are performed regularly to ensure stable system operation and maintain the highest power efficiency.

The system will operate optimally through advanced management and maintenance processes from the outset, creating conditions for maximizing investment profits. Solar project investors often choose O&M services from professional companies in this field to ensure that the system operates stably and achieves the highest performance at significantly lower costs compared to self-performing O&M works.

Providing uninterrupted 24/7 monitoring, our O&M services also add value by providing detailed monthly reports, including system operation status with accurate technical parameters improvement proposals to enhance performance, along with upcoming maintenance and servicing plans, supporting investors in managing and developing systems efficiently.

Vu Phong Energy Group’s Operation & Maintenance (O&M) service is always chosen by partners

Vu Phong Energy Group