General Information
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About the project
Vu Phong Energy Group implemented the 298kWp grid-tie solar power project for Viet Air Filter. The system was installed based on the BLT model in Dong An 2 Industrial Zone, Ben Cat, Binh Duong.
Viet Air Filter was one of the first companies specializing in manufacturing industrial air filters and clean room equipment in Vietnam, with a manufacturing output of over 100,000 products per year. The company is continually striving to expand sustainably in tandem with the overall development of Vietnam’s high-tech sectors. Investing in a solar power system is a significant milestone in the company’s green production efforts.
How Vu Phong Energy Group Helped Viet Air Filter Save Money and Reduce Emissions with Solar Power
Are you looking for a way to cut your electricity costs and lower your environmental impact? If so, you might want to consider installing a solar power system for your business. Solar power is a clean, renewable, and affordable source of energy that can help you achieve your sustainability goals and improve your bottom line.
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In this article, we will show you how Vu Phong Energy Group, one of the leading solar power providers in Vietnam, helped Viet Air Filter, a manufacturer of industrial air filters and clean room equipment, install a solar power system that saved them money and reduced their emissions. We will also explain how you can benefit from a similar solar power installation project for your business.
The Challenge: High Electricity Costs and Carbon Footprint
Viet Air Filter was one of the first companies in Vietnam to specialize in manufacturing industrial air filters and clean room equipment. With a production capacity of over 100,000 products per year, the company serves various sectors, such as electronics, pharmaceuticals, food and beverage, and healthcare.
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As a high-tech manufacturer, Viet Air Filter relied heavily on electricity to power its machines and equipment. However, the electricity prices in Vietnam were increasing every year, and the company was spending a large amount of money on its monthly bills. Moreover, the company was aware of the environmental impact of using electricity from the grid, which was mainly generated from fossil fuels. The company wanted to reduce its carbon footprint and contribute to the fight against climate change.
Therefore, Viet Air Filter decided to look for a solution that would help them lower their electricity costs and emissions. They contacted Vu Phong Energy Group, a trusted and experienced solar power provider, to explore the possibility of installing a solar power system for their factory.
The Solution: A 298 kWp Solar Power System with PPA
Vu Phong Energy Group, founded in 2009, is one of the pioneers and leaders in the solar power industry in Vietnam. The company has installed over 1,000 solar power systems across the country, with a total capacity of over 500 MWp. The company offers a range of solar power solutions, including rooftop, ground-mounted, floating, and hybrid systems, as well as various financing options, such as direct purchase, leasing, and power purchase agreement (PPA).A PPA is a contract between a solar power provider and a customer, where the provider installs, owns, and operates the solar power system, and the customer agrees to buy the electricity generated by the system at a fixed rate for a certain period of time. This way, the customer does not have to pay any upfront or maintenance costs for the system, and only pays for the electricity they use.
Vu Phong Energy Group offered Viet Air Filter a competitive and transparent PPA rate, which was lower than the grid tariff and guaranteed to increase at a lower rate than the grid tariff. This meant that Viet Air Filter could save money on their electricity bills from day one, and enjoy more savings over time as the grid tariff increased.
Moreover, Vu Phong Energy Group took care of the entire installation process, from design and engineering to procurement and construction. The company also provided a comprehensive warranty and operation and maintenance service for the system, ensuring its optimal performance and longevity.
The Result: A Win-Win Situation for Both Parties
The solar power installation project was completed in 2020, and the system started generating clean and cheap electricity for Viet Air Filter. The system has a capacity of 298 kWp, and produces about 450 MWh of electricity per year, enough to meet about 40% of the factory’s electricity demand. The system also reduces the factory’s carbon emissions by about 350 tons per year, equivalent to planting over 5,000 trees.
By installing the solar power system, Viet Air Filter not only saved money on their electricity bills, but also enhanced their reputation as a green and responsible manufacturer. The company also demonstrated its commitment to the sustainable development of Vietnam’s high-tech sectors, and contributed to the country’s renewable energy goals.
On the other hand, Vu Phong Energy Group gained a loyal and satisfied customer, and strengthened its position as a leading solar power provider in Vietnam. The company also showcased its expertise and experience in delivering high-quality and cost-effective solar power solutions for industrial customers.
The Conclusion: Solar Power is the Future for Businesses
The solar power installation project for Viet Air Filter was a success story that illustrates the benefits of solar power for businesses. Solar power can help businesses reduce their electricity costs, lower their environmental impact, and improve their competitiveness and image. Solar power is also a reliable and secure source of energy, as it is not affected by fluctuations in fuel prices or grid outages.
If you are interested in installing a solar power system for your business, you should contact Vu Phong Energy Group, the trusted and experienced solar power provider in Vietnam. Vu Phong Energy Group can help you find the best solar power solution for your needs, and offer you various financing options, such as PPA, to make your solar power project easy and affordable.
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As a leading professional solar power developer and renewable energy enterprise in Vietnam, Vu Phong Energy Group accompanies businesses on the journey of green production and sustainable development:
Moreover, Vu Phong Energy Group accompanies customers in their journey toward sustainable development by offering media assistance and being available to give SDG-ESG advice, supporting in registering for I-REC international renewable energy certificates… In addition, Vu Phong Energy Group has a subsidiary, VP Carbon, which focuses on providing solutions to accompany businesses in effectively reducing greenhouse gas emissions, aiming for carbon neutrality. The main services of VP Carbon include: Registering and trading International Renewable Energy Certificates (I-REC); Consulting on registering Certified Emission Reductions (CERs) certificates, and ESG consulting for businesses. Businesses interested in clean energy solutions, please contact Our Call Center via 1800 7171 or +84 9 1800 7171 or send an email to hello@vuphong.com for more information |
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