General Information

Project type:

PPA (Power Purchase Agreement)


2021 & 2023


8,19 MWp

CO2 Reduction:

7,100 Tons CO2/year

Calculated using the 2021 Vietnam grid emission factor


Nghia Hung, Nam Dinh


Project details

Main equipment

14,488 high-efficiency solar panels
60 Inverters
High-quality auxiliary frame system and conductor with over 30 years of durability

About the project

The rooftop solar energy project at Vietnam Golden Victory’s factory. Vietnam Golden Victory is one of the major footwear manufacturers and a key supplier for globally renowned sports brands such as NIKE. This factory operates under the sports footwear division of Stella International Holdings Ltd.

The project has a total capacity of 8.19 MWp, employing 14,488 solar panels and 60 inverters.

Vu Phong Energy Group is a leading company in the field of renewable energy in Vietnam, with a focus on solar power installation. The company has successfully implemented many solar power projects across the country, providing clean and sustainable energy solutions for various customers.

Why Choose Solar Power for Your Business?

Solar power is a form of renewable energy that converts sunlight into electricity. Solar power has many advantages for your business, such as:

– Reducing electricity bills: Solar power can help you save money on your electricity bills by generating your own power and reducing your dependence on the grid.
– Increasing energy security: Solar power can help you avoid power outages and fluctuations that may affect your operations and productivity.
– Enhancing environmental performance: Solar power can help you reduce your carbon footprint and greenhouse gas emissions, contributing to the fight against climate change and environmental degradation.
– Improving corporate image: Solar power can help you demonstrate your social responsibility and commitment to sustainability, attracting more customers and investors.

How Vu Phong Energy Group Can Help You with Your Solar Power Needs?

Vu Phong Energy Group can help you with your solar power needs, no matter how big or small. They have the expertise and experience to design, install, and maintain solar power systems for various types of customers, such as:

– Industrial customers: Vu Phong Energy Group can install solar power systems for factories, warehouses, workshops, and other industrial facilities, helping them reduce their energy costs and improve their efficiency.
– Commercial customers: Vu Phong Energy Group can install solar power systems for offices, hotels, restaurants, malls, and other commercial buildings, helping them enhance their brand image and customer satisfaction.
– Residential customers: Vu Phong Energy Group can install solar power systems for houses, apartments, villas, and other residential properties, helping them enjoy the benefits of clean and green energy.

The Case of Vu Phong Energy Group’s Project in Nam Dinh

One of the company’s impressive projects is the installation of a 8.19 MWp solar power system for a customer in Nghia Hung, Nam Dinh province. The project was completed in two phases, in 2021 and 2023, under the PPA (Power Purchase Agreement) model, which allows the customer to buy electricity from the solar power system at a lower price than the grid.

The Project Details

The solar power system consists of 14,488 high-efficiency solar panels, 60 inverters, and a high-quality auxiliary frame system and conductor with over 30 years of durability. The system covers an area of 20,000 square meters and can generate about 10,000 MWh of electricity per year, enough to meet the customer’s demand and reduce its dependence on the grid. The system also helps to reduce the CO2 emissions by 7,100 tons per year, calculated using the 2021 Vietnam grid emission factor.

The Project Outcomes

The project demonstrates the company’s professionalism and excellence in solar power installation, as well as its commitment to environmental protection and social responsibility. The project has brought many benefits for the customer, such as:

– Saving up to 40% on electricity costs compared to the grid price
– Increasing the reliability and stability of the power supply
– Reducing the environmental impact of the customer’s operations
– Enhancing the customer’s reputation and competitiveness in the market

How to Contact Vu Phong Energy Group

If you are interested in learning more about Vu Phong Energy Group and its solar power solutions, please contact them at:

– Phone: +84 9 1800 7171
– Email:
– Website:

Vu Phong Energy Group is ready to help you with your solar power needs, no matter how big or small. They will provide you with a free consultation, a customized design, a professional installation, and a long-term warranty. Vu Phong Energy Group is your trusted partner for solar power in Vietnam.

Vu Phong Energy Group