General Information

Project type:

PPA

Date:

2020

Power:

800 kWp

CO2 Reduction:

950 Tons CO2/year

( Calculated using the 2021 Vietnam grid emission factor )

Address:

Binh Duong

blt-thai-duong-cao-su-800kwp-binh-duong
blt-thai-duong-cao-su-800kwp-binh-duong

Project details

Main equipment

1,856 high-efficiency solar panels Longi 435Wp
6 SMA 75KW grid-tie inverters + 6 ARM Solar 60KW grid-tie inverters
High-quality auxiliary frame system and conductor with over 30 years of durability

About the project

Vu Phong Energy Group implemented the 800kWp grid-tie solar power project for Thai Duong Rubber. The customer is one of the rubber factories with a staff of more than 300 people.

The company produces technical rubber and rubber products in clean, safe and diversified colors. RubberT is gradually replacing imported products in the field of industrial and civil rubber such as rubber products for water supply and drainage, household appliances, pet toys, food processing industry, animal husbandry, etc. thereby helping partners and customers minimize costs, financial burdens with products that are guaranteed to be of the highest quality and meet strict standards from USA, Europe, Australia. Investing in a solar power system is a significant milestone in the company’s green production efforts.

Solar power installation project 800 kWp EPC Thai Duong Rubber

Thai Duong Rubber is a prominent company that produces and exports technical rubber and rubber products for various industries. The company has a factory in Binh Duong, with a total workforce of more than 300 people and a production capacity of 500,000 products per month. The company is not only committed to providing the best products and services to its customers, but also to reducing its environmental impact and enhancing its social responsibility. By investing in a solar power installation project of 800 kWp, Thai Duong Rubber has demonstrated its commitment to green production and environmental protection.

Why Thai Duong Rubber chose Vu Phong Energy Group for its solar power installation project

Thai Duong Rubber chose Vu Phong Energy Group as its partner for its solar power installation project because of the following reasons:

Vu Phong Energy Group is one of the leading companies in Vietnam that provides high-quality and cost-effective solutions for solar power installation projects. The company has more than 10 years of experience and over 200 projects completed, with a total capacity of more than 300 MWp. Vu Phong Energy Group has a team of professional and experienced engineers, technicians, and consultants who can provide the best solutions for the specific needs and expectations of Thai Duong Rubber. Vu Phong Energy Group also offers a range of services, such as site survey, system design, installation, operation, maintenance, monitoring, and warranty. Vu Phong Energy Group guarantees the quality and safety of its products and services, as well as the satisfaction and trust of its customers. Vu Phong Energy Group has the certificates and licenses required by the authorities, such as ISO 9001, ISO 14001, OHSAS 18001, and MOIT.

800 kWp solar800 kWp, PPA – O&M Thai Duong Rubber, Binh Duong

Another reason why Thai Duong Rubber chose Vu Phong Energy Group for its solar power installation project is that the project type is EPC (Engineering, Procurement, and Construction), which means that Thai Duong Rubber pays a fixed price for the whole system. Vu Phong Energy Group is responsible for designing, installing, operating, and maintaining the system for 20 years. This way, Thai Duong Rubber can enjoy the benefits of solar power without having to worry about the risks and uncertainties of the market.

How the solar power installation project benefits Thai Duong Rubber

The solar power installation project benefits Thai Duong Rubber in many ways. First, the project helps Thai Duong Rubber save on electricity costs and increase its profitability. According to the data from Vu Phong Energy Group, the project has generated more than 1,300 MWh of electricity in the first year, saving Thai Duong Rubber about 1.3 billion VND in electricity bills. The project has a payback period of less than 7 years and a return on investment of over 16%.

Second, the project helps Thai Duong Rubber reduce its carbon footprint and contribute to the environmental protection and the national target of reducing greenhouse gas emissions by 9% by 2030. The project has reduced the CO2 emissions by 950 tons per year, equivalent to planting more than 24,000 trees.

Third, the project helps Thai Duong Rubber enhance its brand image and reputation as a green and responsible company. The project also helps Thai Duong Rubber attract more customers and partners who share the same values and vision.

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:

  • A flexible cooperation Power Purchase Agreement (PPA) model as a solar power project developer, particularly with the participation of many reputable international and domestic investment funds – enables enterprises to utilize clean energy without paying investment costs.
  • Professional EPC contractor services are provided by a team of highly specialized and experienced design engineers; construction engineers who strictly comply with design drawings standards, adhere to international technical standards and use carefully chosen genuine materials.
  • Optimizing systems with high-quality operation and maintenance (O&M) services shows capacity via years of practical O&M at large-scale solar power plants and hundreds of rooftop systems for manufacturing enterprises.

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

Vu Phong Energy Group