General Information

Project type:

EPC

Date:

2021

Power:

806 kWp

CO2 Reduction:

1,000 Tons CO2/year

( Calculated using the 2021 Vietnam grid emission factor )

Address:

Phu Quy, Binh Thuan

806-kwp-epc-dien-luc-phu-quy-binh-thuan
806-kwp-epc-dien-luc-phu-quy-binh-thuan

Project details

Main equipment

2,121 high-efficiency solar panels Longi AXITEC
12 ABB 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 806kWp grid-tie solar power project for Binh Thuan Power Company. The system was installed in Tam Thanh commune, Phu Quy district, Binh Thuan province with a land area of 6,220 m².

With a total capacity of 806 KWP and a total expenditure of more than VND 31 billion, the project aims to supply electricity from solar energy, reducing the burden on the current diesel generator system throughout the day. Consequently, it not only helps to lower the cost of average power generation on the island, but it also helps reduce CO2 emissions and safeguard the environment.

Solar power installation project 806 kWp EPC Phu Quy Power

Phu Quy Power is a subsidiary of Binh Thuan Power Company that operates and manages the power supply on Phu Quy island. The island is located about 120 km from the mainland and has a population of about 27,000 people. The island’s power demand is mainly met by diesel generators, which are costly and polluting. To improve the power supply quality and reliability, as well as to reduce the environmental impact and fuel consumption, Phu Quy Power decided to invest in a solar power installation project of 806 kWp.

Why Phu Quy Power chose Vu Phong Energy Group for its solar power installation project

Phu Quy Power 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 Phu Quy Power. 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.

Another reason why Phu Quy Power 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 Phu Quy Power 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, Phu Quy Power 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 Phu Quy Power

The solar power installation project benefits Phu Quy Power in many ways. First, the project helps Phu Quy Power 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 Phu Quy Power 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 Phu Quy Power 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 1,000 tons per year, equivalent to planting more than 25,000 trees.

Third, the project helps Phu Quy Power enhance its brand image and reputation as a green and responsible company. The project also helps Phu Quy Power 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 Solutions, which focuses on providing solutions to accompany businesses in effectively reducing greenhouse gas emissions, aiming for carbon neutrality. The main services of VP Carbon Solutions include: Registering and trading International Renewable Energy Certificates (I-REC); Consulting on registering Certified Emission Reductions (CERs) certificates, and ESG consulting for businesses.

How to contact Vu Phong Energy Group for your solar power installation project

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