For investors and industry stakeholders monitoring Southeast Asia’s burgeoning renewable energy sector, identifying key players with a clear growth strategy is paramount. Construction Joint Stock Company 47 (C47), a strategic affiliate of Vu Phong Energy Group, has just made such a defining move. This article details the establishment of the new C47 Laos energy subsidiary, C47-EL, a 100 billion VND […]
Phu Quy island district, located nearly 120 km from the mainland, is likened to the “green pearl” of Binh Thuan province for its rare, pristine beauty. Blue seas, rich coral reefs, and long stretches of white sandy beaches have defined its tourism brand. However, Phu Quy is also harsh on its inhabitants: there is little arable land, making farming and […]
To establish a truly sustainable green transport system, green and clean energy sources must be developed. This plays a key foundational role in determining the success of the green transport transition. The close correlation between green energy and green transport not only helps significantly reduce greenhouse gas emissions but also lays a solid foundation for long-term sustainable development goals. Vietnam’s […]
In today’s modern world, where electricity powers nearly every aspect of our lives, the need for a reliable backup power system cannot be overstated. Whether facing a sudden blackout caused by inclement weather or a planned maintenance outage, being without power can severely disrupt daily routines and jeopardize critical functions. This is precisely where backup solar power systems come into […]
On the morning of June 4, 2025, in Ho Chi Minh City, Vu Phong Energy Group participated in the seminar “Green Solutions for Businesses in the Era of Climate Change – Opportunities and Actions”, co-organized by the Vietnam High-Quality Goods Business Association (HVNCLC) and the Business Studies and Assistance Center (BSA). The event brought together many experts, policymakers, and pioneering […]
Vu Phong Energy Group participated in Solar & Storage Live Philippines 2025 – the largest renewable energy event in the Philippines, held from May 19 to 20, 2025. As an investor and developer of commercial and industrial rooftop solar (C&I solar) projects, Vu Phong brought to the event flexible financial solutions and sustainable development experience across the Asia-Pacific region. Present […]
On May 9th, 2025, Vu Phong Energy Group successfully organized the Top Sales Meeting 2025, bringing together the Board of Directors and the entire business, technical, and operational teams from regions across the country. This event was not only an annual gathering but also a journey to ignite energy, foster innovative thinking, and strengthen the commitment to new goals. Unified […]
On April 15, 2025, Deputy Prime Minister Bui Thanh Son signed Decision No. 768/QĐ-TTg, approving adjustments to Vietnam’s National Power Development Plan for the period 2021–2030, with a vision to 2050 (PDP VIII). Key development perspectives The adjusted PDP VIII outlines five core development perspectives: Electricity as a pivotal infrastructure sector: Recognizing electricity as a critical infrastructure, the plan emphasizes […]
March 2025 marks a significant milestone for Vu Phong Energy Group – celebrating our 16th anniversary and reaffirming our strong position in the renewable energy sector. Through a series of key events, from showcasing advanced green energy solutions to contributing to specialized publications that support businesses in transitioning to clean energy, Vu Phong Energy Group continues to make our mark […]
On March 4, 2025, the Government issued Decree No. 61/2025/ND-CP, which provides detailed provisions under the Law on Electricity regarding electricity licenses. This decree becomes effective immediately upon signing and is expected to facilitate the operations of businesses in the electricity sector while enhancing transparency and the efficiency of energy sector management. Scope and applicability Decree No. 61/2025/ND-CP applies to […]
On March 3, 2025, the Government issued Decree No. 58/2025/ND-CP, which sets forth new detailed provisions under the Law on Electricity concerning the development of renewable energy and new energy. This decree not only establishes incentive mechanisms but also provides specific regulations to optimize the development of clean energy sources, particularly rooftop solar power. Key points of Decree No. 58/2025/ND-CP […]
On March 3, 2025, the Government issued Decree No. 57/2025/ND-CP, regulating the direct electricity trading mechanism between renewable energy generators and large electricity consumers. This is a significant step forward in promoting renewable energy adoption and enabling businesses to access clean electricity directly. Two methods of direct electricity trading According to the Decree, direct electricity trading refers to transactions conducted […]
On March 3, 2025, the Government issued Decree No. 56/2025/ND-CP, which provides detailed provisions and implementation guidelines for certain articles of the Law on Electricity relating to electricity development planning, distribution network development schemes, investment in electricity projects, and the tendering process for selecting investors for electricity business projects. Scope of application and target subjects Scope of application: This decree […]
At the end of February 2025, the European Commission introduced the Omnibus proposal, aimed at simplifying regulations related to sustainability reporting and corporate due diligence. If approved, Omnibus will reduce administrative burdens for businesses, enhance competitiveness, and encourage investment within the European Union (EU). Key changes in the Omnibus proposal (expected): Corporate sustainability reporting directive (CSRD): Applicable only to companies […]
On February 24, 2025, in Bangkok, Thailand, Mr. An, Pham Dang – Deputy General Director of Vu Phong Energy Group and Director of VP Carbon – attended the Lancang-Mekong Clean Energy Development Forum 2025. At the event, he delivered a key presentation on “Renewable Energy Solutions & Net-Zero Pathways for Industrial and Urban Development,” sharing practical strategies to help businesses […]
February 27, 2025, marks the 16th anniversary of Vu Phong Energy Group – a journey of continuous growth with the mission of supporting businesses in their energy transition, reducing emissions, and moving towards Net-Zero. Overcoming numerous challenges, Vu Phong Energy Group has established ourselves as a trusted strategic partner and a pioneer in renewable energy and sustainable solutions. Starting as […]
On February 19, 2025, the Appraisal Council officially approved the adjustment of the National Power Development Plan for the period 2021-2030, with a vision to 2050 (PDP VIII). However, certain modifications and additions will be made before submission to the Prime Minister for final approval. This marks a significant milestone in ensuring the sustainable development of Vietnam’s energy sector, particularly […]
Vu Phong Energy Group’s associate company, Construction Joint Stock Company 47 (CC47), a member of the contractor consortium that includes Lung Lo Construction Corporation, Song Da Corporation-JSC, LILAMA 10 Joint Stock Company, SCI E&C Joint Stock Company, Truong Son Construction Corporation, and Vietnam Construction and Import-Export Joint Stock Corporation, has successfully won the bid and signed the contract for Package […]
As sustainable development and the green economy become a global necessity, the green transition is no longer optional but an urgent requirement for manufacturing enterprises. Policies such as the EU’s Carbon Border Adjustment Mechanism (CBAM) and Vietnam’s Decree 06/2022/NĐ-CP have introduced strict greenhouse gas (GHG) emission reduction standards. This demands that businesses not only adopt green transition solutions but also […]
As energy demand continues to rise and renewable energy sources such as solar and wind power grow rapidly, efficient energy storage and management have become critical challenges. Energy Storage Systems (ESS) have emerged as an advanced solution to balance supply and demand while enhancing energy utilization efficiency. What is an Energy Storage System (ESS)? An Energy Storage System (ESS) refers […]
On the afternoon of January 10, 2025, the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) officially launched the “Handbook for operation & maintenance of rooftop solar systems.” This essential resource supports organizations and individuals in maximizing the efficiency of their rooftop solar systems, contributing significantly to energy transition and sustainable development. According to the National Power Development Plan, Vietnam aims for […]
The 2025 Handbook, themed “Twin Transition – Partnership for Development,” provides practical and effective solutions for a sustainable future by integrating digital transformation and green energy transition. In addition to outlining a clear roadmap to achieve Net-Zero, the handbook highlights collaborative initiatives in renewable energy while creating positive impacts for communities through projects like Green Journey – Digital Learning. Explore […]
On November 16, 2024, TheLIGHT journey continued to bring light to underprivileged rural areas, providing solar power to 70 households in Phu Vinh, Phu Xuan, and Phu Son villages, Quang Phu commune, Krong No district, Dak Nong province. With the newly installed solar power systems, local residents, especially children, now have access to stable lighting for studying and daily activities, […]
With Vietnam’s strong commitment at COP26 to achieving Net-Zero emissions by 2050, the green transition is no longer an option but an urgent requirement for enterprises. In this context, energy-saving solutions and the shift towards renewable energy have become essential strategies that enable companies to meet international standards while optimizing costs. Vu Phong Energy Group’s Zero Capex Solar solution (PPA), […]
On October 22, 2024, Decree No. 135/2024/ND-CP, which regulates mechanisms to encourage the development of self-production and self-consumption rooftop solar power, was issued, bringing new potential to accelerate the green transition in Vietnam. To provide an accessible overview, the October 2024 edition of Vu Phong Magazine has summarized key points from Decree No. 135 for businesses, helping readers quickly grasp […]
To promote renewable energy use and minimize environmental impact, the Government of Vietnam issued Decree No. 135/2024/ND-CP on October 22, 2024, which establishes and encourages the development of self-production and self-consumption rooftop solar power. This decree represents an important step toward realizing the strategy for sustainable energy development. Key points of Decree No. 135/2024/ND-CP 1. Scope and applicability: Decree No. […]
To achieve sustainable development, businesses must prioritize the environmental aspect of ESG. This article will analyze measures companies can take to protect the environment. Vu Phong Energy Group takes a proactive approach to anti-epidemic and customer service ESG: The guiding principles for Sustainable Business Development | Vu Phong Magazine June 2024 Why is the environmental aspect often a focus for […]
The transition to renewable energy is undeniably vital for a sustainable future, but Southeast Asia faces a unique challenge: how to integrate these clean sources into existing power grids while attracting the necessary investment. Recent discussions at a pivotal workshop in Bangkok highlighted this hurdle, with Vu Phong Energy Group, represented by Mr. Pham Dang An, actively participating in the […]
The rapid adoption of clean energy technologies is offering a crucial lifeline in the face of escalating global CO2 emissions. In 2023, energy-related CO2 emissions rose by 410 million tons – a 1.1% increase – highlighting the ongoing challenge of climate change. While this represents a slight slowdown compared to the previous year, the scale of the problem demands urgent […]
A groundbreaking shift in global energy is underway, and the sheer scale of the Edwards & Sanborn solar energy and battery storage project demonstrates just how rapidly this transformation is accelerating. Nestled in California’s Mojave Desert, this facility isn’t just large; it’s currently the world’s largest, boasting a remarkable 875 MW capacity and an impressive 3,287 MWh of storage. But […]
Navigating the energy transition
Manufacturing businesses constantly seek ways to optimize operations and boost profitability. One of the most significant areas for improvement is electricity saving, which directly impacts overall operational expenses and product pricing. Beyond financial benefits, implementing efficient energy measures also plays a crucial role in reducing greenhouse gas emissions and contributing to environmental protection. This article explores the critical importance of […]
Rising electricity prices are a significant concern for businesses across Vietnam, with the average retail cost set to increase. As input costs for electricity generation continue to climb, the Ministry of Industry and Trade has directed Vietnam Electricity to formulate a proposal for a new price framework. This imminent adjustment puts manufacturing enterprises under immense pressure, as energy often represents […]
The future of renewable energy is accelerating at an unprecedented pace, signaling a pivotal shift in the world’s power generation landscape. According to the International Energy Agency (IEA), global capacity is set to surge by nearly 2,400 GW between 2022 and 2027, an estimate 30% higher than forecasts made just a year prior. This remarkable upward revision highlights the growing […]
The term solar energy refers to the radiant light and heat from the Sun, which has been harnessed by humans since the dawn of time. As the world increasingly seeks sustainable solutions, understanding this powerful resource is more critical than ever. Solar energy is not just a cornerstone of life on Earth, driving processes like photosynthesis, but it is also […]
Proactive energy management has shifted from a cost-saving tactic to a critical business survival strategy. In an era of unprecedented energy market volatility, companies worldwide face immense pressure on their operational stability and financial health. The recent European energy crisis serves as a stark reminder of how rapidly external shocks can impact production costs, reduce competitiveness, and even threaten business […]
The Inflation Reduction Act (IRA), a landmark US climate change legislation 2022, was enacted to address critical areas including climate, taxation, and healthcare. This comprehensive act allocates a substantial $369 billion towards energy security and climate change programs. Its primary objective is to significantly reduce greenhouse gas emissions by an ambitious 40% by the year 2030, marking the greatest climate […]
Accelerating renewable energy development is central to Vietnam’s strategic plan for implementing the critical outcomes of the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26). This comprehensive strategy outlines ambitious goals and detailed solutions, demonstrating the nation’s steadfast commitment to achieving net-zero emissions by 2050. As a leading voice in sustainable energy, Vu […]
Global energy access remains a critical challenge, with millions worldwide still lacking basic electricity. As of 2020, 733 million people lived without power, and 2.4 billion continued to rely on harmful cooking fuels. Current projections indicate that by 2030, an alarming 670 million individuals will still be unserved. This persistent energy poverty not only hinders socio-economic development but also exacerbates […]
The C47 Nam Phak Hydropower Project marks a significant milestone in regional energy development, driven by Construction Joint Stock Company 47 (HOSE: C47), an esteemed associate of Vu Phong Energy Group. On July 24, 2022, C47, in strategic collaboration with Song Da 5 Joint Stock Company, officially secured a pivotal contract for the construction of critical dam infrastructure—Nam Pha, Nam […]
Global energy transition is accelerating, with geothermal power increasingly recognized as a crucial player alongside solar and wind energy. As nations worldwide prioritize sustainable development, the unique advantages of geothermal energy, including its consistent baseload capacity and minimal environmental footprint, are driving significant market expansion. This article delves into the burgeoning geothermal energy market, its distinctive benefits, and the innovative […]
Engineers from Vu Phong Tech – Vu Phong Energy Group gradually mastered the technology and consistently achieved excellent results in the operation and maintenance of the BIM 2 Solar Power Plant (Thuan Nam, Ninh Thuan) via initiative and professionalism. The solution to optimizing the performance of operating solar farms Excellent operation of BIM 2 Solar Power Plant for three consecutive […]
UPDATE 2022: For many discerning investors and forward-thinkers, Tesla’s vision for the future of integrated manufacturing hardware and software has consistently been a key driver of the company’s enduring global allure. This transformative perspective extends beyond just electric vehicles, encompassing a holistic approach to a sustainable future through renewable energy. Tesla’s Vision for a Sustainable Future: EV, Solar, and Battery […]
Humans have used wind energy for transportation and manufacturing for hundreds of years. With a total capacity of 743 GW by the end of 2020, wind power has established itself as one of the most significant energy sources in the global energy system. However, there are many fascinating facts regarding this clean energy source that you may not be aware […]
Following the first webinar wind and solar power plant operation, the Ben Tre Renewable Energy Association (BTREA) collaborated with the Green Innovation and Development Centre (GreenID) and Vu Phong Energy Group to host the second webinar “Energy storage system and the application for renewable energy projects in Vietnam”. The webinar drew more than 140 participants, with two technical sharing topics […]
Wind power investors face the dual challenge of ensuring seamless, safe operation while maximizing the return on their substantial investments. The intricate nature of wind power plants, particularly the ‘heart’ of the project – the turbines – necessitates specialized strategies to sustain efficiency and extend asset longevity. Vu Phong Energy Group’s insightful article, ‘Optimizing operation activity and increase value for […]
Stored hydroelectricity is rapidly becoming a vital component of modern energy infrastructure, essential for ensuring the smooth operation of power systems and optimizing generation capacity. With its numerous inherent advantages, pumped hydro storage stands out as the most effective alternative for large-scale electricity storage, playing a pivotal role in accelerating renewable energy development in Vietnam. This technology not, only enhances […]
Space Solar Power represents a groundbreaking frontier in sustainable energy, offering a revolutionary solution for global electricity supply. Recent advancements, spearheaded by the Pentagon’s cutting-edge research, highlight the immense potential of sending electricity from space to Earth. This innovative technology could transform how we generate and distribute power, providing crucial energy grid resilience and contributing to a future of clean […]
Dutch EV start-up Lightyear is already producing prototype roofs to extend the range of its Lightyear One solar car. The roofs will feature interdigitated back contact solar cells made by U.S. company SunPower and backsheets from Dutch multinational DSM. The Lifespan of Solar Panels Transparent Solar Panels: The Clear Way For The Future The solar roof will extend the range […]
Whether you love them or hate them, PV panels are a marvel of engineering. But how do they work? Solar photovoltaic panels have become commonplace today. Many roofs around the world are now clad in them. But how do they actually work? Let’s find out. How solar pv panels work step by step? In a nutshell, solar PV panels convert light from […]
One problem that plagues solar and wind power projects is the intermittent nature of their output, which varies with weather conditions. Battery storage on a big-enough scale can solve that problem by storing power made during favorable weather and releasing it when needed. Florida Power & Light is planning to build a battery big enough to replace two natural gas power plants. […]
