The Board of Directors of Construction Joint Stock Company 47 (HOSE: C47), an associated company of Vu Phong Energy Group, presented the business plan for 2023 to the General Meeting of Shareholders at the Annual General Meeting (AGM) of Shareholders in 2023, with total revenue of 1,000 billion VND, after-tax profit of 25 billion VND, and a minimum dividend payout […]
The development and use of clean and renewable energy sources, notably rooftop solar power, is a necessary solution that will greatly contribute to the construction and growth of a green economy in Ho Chi Minh City. This is the consensus of experts who spoke at April 18, 2023, Meeting “Building and Developing a Green Economy in Ho Chi Minh City,” […]
In March 2023, Vu Phong Energy Group continued implementing projects and started a solar power system project at Dalat Hasfarm’s farm (Da Lat, Lam Dong). During the month, Robot VPT-RB1200-S1, 100% “Make in Vietnam” product of Vu Phong Energy Group, was also displayed at the “green economy” exhibition within the framework of the High-Quality Vietnamese Products 2023 announcement program and […]
Ho Chi Minh City has the potential to be pioneering in achieving emission reduction targets, the neutrality of greenhouse gas emissions, and the increased use of renewable energy. However, the locality requires some groundbreaking development mechanisms to exploit this potential fully. The Ho Chi Minh City National Assembly Delegation held a Meeting on March 30 to discuss and comment on […]
Amidst the burgeoning eco-conscious movement, solar power systems for business have emerged as a beacon of sustainability, significantly diminishing emissions and the carbon footprint associated with industrial operations. The innovative PPA (Power Purchase Agreement) model , a brainchild of Vu Phong Energy Group, stands out for its tangible and efficacious advantages. This avant-garde model has enabled Vu Phong to ingeniously […]
Vu Phong Energy Group’s VPT-RB1200-S1 Robot for cleaning solar panels, a 100% “Make in Vietnam” product, was recently on display at the “green economy” exhibition as part of the program to announce the High-Quality Vietnamese Products 2023 on March 14, 2023, at Reunification Convention Hall (Ho Chi Minh City). Vu Phong Energy Group congratulates Vietnam Entrepreneur’s Day on October 13 […]
Dalat Hasfarm is taking a new step toward sustainable development by using clean energy from solar power – the PPA (Power Purchase Agreement) model invested in by ecoligo Fund (Germany), developed and provided EPC contracting services by Vu Phong Energy Group. The project’s kick-off ceremony was held on March 15, 2023. Reducing greenhouse gas emissions and promoting sustainability Successfully developing […]
As an EPC General Contractor, Vu Phong Energy Group installed a 1 MWp solar power system on the roof of Vietnam Nippon Seiki’s factory at Noi Bai Industrial Park (Soc Son, Hanoi). The project was successfully finished and transferred to Vietnam Nippon Seiki. Vu Phong: 1MWp Solar Power Project in Binh Phuoc Various Activities of Vu Phong Energy Group in […]
After the Lunar New Year holiday, in February 2023, Vu Phong Energy Group’s engineers resumed installing solar power systems to accompany manufacturing businesses on the “greening” journey towards sustainable development. Please read Vu Phong Magazine of February 2023: Desktop Version: Read Magazine Mobile Version: Read Magazine One of the currently highlight projects being implemented by Vu Phong Energy Group is […]
The average retail electricity price (excluding VAT) has been raised by 220-537 dong per kWh. The Ministry of Industry and Trade has also issued a document requiring Vietnam Electricity to prepare a proposal for the average retail electricity price in 2023, as well as the route and suitable adjustment level in the case of a rise in electricity prices soon […]
The International Energy Agency (IEA) has revised projections for the increase of renewable energy sources, predicting an almost 2,400 GW increase between 2022 and 2027. Notably, this is the IEA’s highest revision increase yet, about 30% higher than the prediction issued at the end of 2021. IEA: Global renewal power will reach 4,800 GW in the next 5 years Proactive […]
The demand for sustainable and renewable energy sources has never been greater. As we strive to reduce our carbon footprint and transition to a greener future, innovative solutions like transparent solar panels are gaining traction. These cutting-edge devices offer a unique approach to harnessing solar energy, combining functionality with aesthetics. In this article, we will explore the latest advancements in […]
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 it’s a sudden blackout caused by inclement weather or a planned maintenance outage, being without power can disrupt our daily routines and jeopardize critical functions. That’s where back up solar power systems come into play, […]
Many countries are investing in renewable energy, which is considered the future of the global energy industry due to its numerous advantages. However, it also has some disadvantages that need to be considered. Here are the advantages and disadvantages of renewable energy. What are the advantages of businesses pursuing sustainable development? Sun, Savings, and Surprises: The Truth About Going Off-grid […]
In the quest to meet environmental regulations and reduce energy costs, the quality of a solar power system has emerged as a crucial factor. Many businesses are now embracing this clean energy alternative, marking a significant shift towards sustainable development and emission reduction. Vietnam’s leading professional solar EPC contractor Clean energy for manufacturing greening production The Vu Phong Energy Group, […]
The adoption of a Rooftop Solar Power policy, characterized by its flexibility, stands to create a favorable landscape for investors and manufacturers alike. Such a policy would pave the way for the widespread adoption of clean energy solutions, offering a dual advantage: it would facilitate a greener footprint for businesses while also providing a lucrative avenue for investment in sustainable […]
Sustainable development, according to Agenda 21, is defined as development that meets the needs of the current generation without jeopardizing future generations’ ability to meet their own needs. It is a well-balanced development in terms of socioeconomic and environmental factors… Economically sustainable development Economically sustainable development is defined as rapid, safe, and high-quality growth in all aspects of the economy […]
A solar power system with a capacity of 2,04 MWp has just been installed on the rooftop of Dalat Worsted Spinning – DWS, one of the major enterprises in the Phat Chi industrial complex in Da Lat city, as well as the first worsted yarn spinning mill in Vietnam. Reduce greenhouse gas emissions with a series of rooftop solar energy […]
The energy crisis has become an obsession of many European businesses as they are obliged to decrease production and raise product costs – which implies that competitiveness is severely reduced, even forcing factories to close… Businesses struggle when energy price rises Europe has been facing an energy crisis since the Russia-Ukraine war in February. Despite attempts to enhance energy supplies […]
Vu Phong Energy Group was honoured by TotalEnergies as The 2022 Best EPC Contractor in Vietnam on December 01, 2022, at TotalEnergies’ office in Vietnam and was awarded a certificate for outstanding achievements without any incidents in all projects. Vietnam’s leading professional solar EPC contractor Vu Phong Energy Group cooperates to implement rooftop solar power system of Dong A Plastic […]
In our collective quest to achieve our Climate Finance objectives, we have witnessed a surge of commitments aimed at reducing greenhouse gas emissions and achieving carbon neutrality. These commitments are part of a comprehensive suite of strategies crafted to address the growing menace of climate change. Drive action for global climate goals COP26: Joint voice to protect the future of […]
In pursuit of global climate goals, a massive congregation of over 400,000 delegates, symbolizing world leadership, convened at COP27. This followed the firm pledges made at COP26. Their unified objective was to brainstorm and identify effective strategies to accelerate actions towards meeting their commitments and tackling the universal challenge of climate change. COP26: Joint voice to protect the future of […]
Solar power system with a capacity of 3,39 MWp, using 7,542 high-efficiency solar panels and 27 110 kW inverters, installed at Vietnam Dairy Factory – the most modern mega factory in Vietnam and the area, with the most modern integrated and automatic technology in the world. Vinamilk is known as a strong and typical national brand, with a success story […]
After riding a wave of success, with exports surging nearly 20% in the first nine months of 2022, Vietnam’s textile industry now faces a changing tide. The unparalleled growth, the highest in over a decade, is predicted to encounter headwinds in the final quarter of 2022 and potentially into the first half of 2023. Despite the looming challenges, industry experts […]
Many footwear businesses are promoting the greening of their manufacturing processes, as well as on the adoption of green standards and regulations the origin of goods to take opportunities of the FTAs. Growth prospects in the period 2022-2031 Vietnam presently ranks second in the world in terms of footwear exports, behind only China, and third in terms of manufacturing, […]
Vietnam’s leather and footwear industry is expanding rapidly. However, when deeply involved in the global supply chain, domestic enterprises’ position is still lower than FDI enterprises. Towards sustainable development and environmental protection, solving technological issues, enhancing production capacity… is regarded as a motivating force in helping businesses enhance their positions. The highlight number of carbon pricing US develops solar farm […]
The Plastics Industry is experiencing a meteoric rise, boasting an average annual growth rate of 16-18%, trailing only the telecommunications and textile sectors. This burgeoning industry is poised at the brink of numerous developmental prospects and avenues for market proliferation, signaling a new era of innovation and economic vitality. As it stands, the plastics sector is not only expanding rapidly […]
With a “greening” goal toward the circular economy model and sustainable development, many textile and apparel enterprises have invested in or collaborated with investment funds and developers to install rooftop solar power system on the factory’s roof, enabling clean energy in production. Vu Phong Energy Group has already accompanied many textile and apparel enterprises in greening their manufacturing processes and […]
Vietnam’s textile export market share now ranks second worldwide, behind only China. The signing of FTAs, notably new-generation FTAs such as CPTPP, EVFTA, and UKVFTA, has facilitated integration flows, thereby expanding Vietnam’s textile industry‘s opportunities. To preserve the place in the global supply chain, increase the competitiveness, and reach consumers in the current new trend, the textile sector has encountered […]
In August, Vu Phong Energy Group collective continues efforts in the mission “Develop clean energy for the green environment and sustainable development“. Overcoming the bad weather, we ensure project’s progress, which is in the final stage and scheduled to be finished in September. Please read Vu Phong Magazine of August 2022 at the link below Desktop Version: Read Magazine Mobile […]
Embracing the ethos of sustainable development with clean energy, the global trajectory is firmly set towards the utilization of clean energy solutions and the adoption of sustainable production strategies. This path is notably championed by leading conglomerates and brands, setting a benchmark for ecological consciousness. Echoing this commitment, Kềm Nghĩa – a distinguished national brand – has made a definitive […]
The Future Energy Show Vietnam 2022, a large-scale energy event attended by a substantial number of leading experts, energy leaders, and prestigious brands, took place in Ho Chi Minh City on July 13 – 14, 2022. The Future Energy Show Vietnam 2022: A Gathering of Experts The Future Energy Show Vietnam conference and exhibition has returned after a three-year absence […]
As of 2020, 733 million people without electricity, and 2.4 billion people continue to cook with damage to health and the environment’s fuels. At the present rate, it is estimated that by 2030, 670 million people will be unserved. The following metric is from the Tracking SDG 7 – The Energy Progress Report 2022, which was co-conducted by the International […]
On 24/7/2022, Construction Joint Stock Company 47 (HOSE: C47), an associated company of Vu Phong Energy Group, signed a contract for the construction of the Nam Pha, Nam Phak, and Phouphong Dams as part of the Nam Phak Hydropower Project in Lao People’s Democratic Republic and Song Da 5 Joint Stock Company. This is the first contract in the C47 […]
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 […]
Construction Joint Stock Company 47 (HOSE: C47) – an associate company of Vu Phong Energy Group – successfully held the Annual General Meeting of Shareholders (AGM) 2022 on April 24, 2022, at Hai Au Hotel Bien Cuong, City. Quy Nhon, Binh Dinh. The cooperation of Vu Phong Energy Group, C47 and INTRACO towards sustainable development goals Associated company of Chairman […]
By agreement and order matching method, Vu Phong Energy Group Joint Stock Company registered to purchase 550,000 shares of C47 of Construction Joint Stock Company 47 from March 2 to March 31. Mr. Phong, Pham Nam is the Vu Phong Energy Group Chairman and is also the Chairman of the C47 Board of Directors, with over 2.44 million stocks equivalent […]
Update 2022: The plant’s financier, the Asian Development Bank, is looking for project consultants. If constructed, the solar park would increase the nation’s meager electricity supply and boost the national grid technically. Vietnamese enterprises win at The Asian Power Awards 2021 Cooperation to promote carbon neutrality in Asia Construction of Cambodia’s 100 MW National Solar Park project already underway The […]
Update 2022: Sunrun made a big impression at the BNEF Summit in New York City, at a time when utilities are trying to adapt to changing conditions. Sunrun made a big impression at the BNEF Summit But, distributed energy resources have a long way to go before they can play a significant role, and we will still require other energy […]
Installing solar panels for residential use has emerged as a popular solution for homeowners seeking to reduce their reliance on traditional electricity sources and achieve energy self-sufficiency. During the recent lockdown period, many residents of Kerala were caught off guard by unexpectedly high electricity bills, prompting them to explore alternative, cost-effective options. Solar panels offer a sustainable and financially viable […]
According to the IEA (International Energy Agency), renewable energy capacity will rise rapidly over the next five years, accounting for approximately 95 percent of the increase in worldwide power capacity through 2026. Renewable power capacity will expand by more than 60% between 2020 and 2026, reaching more than 4,800 GW. International cooperation – Vietnamese enterprise’s “key” in the field of […]
People are increasingly choosing off-grid solar power systems over conventional on-grid electricity as a substitute. These self-sustaining systems are capable of supplying homes, companies, and other uses with electricity. Many people are keen to learn more about them because of their various advantages, which range from financial savings to environmental friendliness. The advantages and disadvantages of off-grid solar power systems […]
Solar greenhouses are a revolutionary idea that has evolved at a time when the globe is struggling to adapt to the issues of climate change and ensuring food distribution. This unique method, which is also referred to as agrivoltaics, combines conventional greenhouse agriculture with the generation of solar energy, ultimately resulting in the creation of a mutually beneficial system that […]
Vu Phong Energy Group and Steag have cooperated and provided three Asset Management service packages, include: Asset Monitor, Asset Guide and Asset Pilot, to optimize the production potential of wind farms, increase project value, and provide economic advantages to investors. Upcoming Event: STEAG Digital Energy Week (November 08-11, 2021) Increase about 5% Annual Energy Production (AEP) by effective Asset Management […]
Vu Phong Energy Group and Steag Energy Services GmbH (Germany) are collaborating to provide Value Driven Asset Management services to Vietnam’s growing wind power industry. This service helps in the optimization of the factory’s output potential, as well as the maximization of asset value and profit for investors. Upcoming Event: STEAG Digital Energy Week (November 08-11, 2021) Increase about 5% […]
Vu Phong Tech, a technology subsidiary of the Vu Phong Energy Group, hosted a webinar on renewable energy industry solutions on September 10, 2021. The webinar drew over 300 people, including many renewable energy project investors and energy industry engineers. Webinar: Renewable energy industry solutions Energy Storage Solution (ESS) webinar and applications in Vietnam With the topic: The optimal solution […]
In the context that the world is moving towards sustainable development, many big brands in the plastic industry have implemented solutions such as using clean energy in the manufacturing process, using environmentally friendly PET raw materials, and creating and implementing a circular economy model… A new problem of the plastic industry The plastics business is a dynamic industry in Vietnam’s […]
Vu Phong Energy Group made a big move towards expanding its global brand and developing the renewable energy industry with the launch of its new English website, vuphong.com, on June 19th, 2021. This website will provide a platform for Vu Phong to showcase its expertise in the field of renewable energy and to connect with potential partners and customers from […]
As a fuel for various industries, hydrogen has been a focus in many governments’ energy development policies. Green hydrogen, in particular, has the potential to be the “key” to a zero-carbon economy. It is also an effective energy storage technology, aiding in promoting renewable energy sources such as wind power and solar power. Large reserves, a variety of applications Hydro […]
Established in 2009, Vu Phong Energy Group JSC has solidified its reputation as the premier professional solar EPC contractor in Vietnam. With more than twelve years of experience in the solar and wind power sectors, this company has consistently delivered projects that not only meet the highest standards of quality but also excel in their aesthetic appeal, showcasing the company’s […]
World Environment Day 2021 took place on June 5, 2021, an important festival of the United Nations, which promotes worldwide awareness and environmental action. SDG4: Ensure quality education for all The tripartite cooperation towards sustainable development goals SDG13: Climate Action – Take urgent action to combat climate change and its impacts Climate and Ecosystem Restoration The World Environment Day, first […]
From March 9, 2021, Vu Phong Solar Power Joint Stock Company officially changed its name to Vu Phong Energy Group Joint Stock Company (Vu Phong Energy Group Joint Stock Company), abbreviated as Vu Phong Energy Group JSC. This name change aligns with Vu Phong’s future business goals as it participates in the development of various areas of the renewable energy […]
The marvel of solar power lies in its ability to transform the raw, untamed energy of sunlight into usable electricity. This process is facilitated by solar power cells, which act as silent alchemists, transmuting sunlight into electrical current within a solar panel. How do solar pv panels work exactly? Structure and principle of Solar panel At the heart of this […]
Meet Todd Karin, a postdoctoral researcher at Lawrence Berkeley National Laboratory and a savvy clean-energy customer in California’s Bay Area. The project of a 30 kWp EPC residential solar system in Binh Dinh The project of a 20 kWp, EPC residential solar, Tay Ninh Adding Solar and Storage to Homes Last year, Todd decided to add solar and energy storage […]
Some of the bizarre things we do as a race on this planet include refining and overcomplicating things. We’re never happy with leaving things be, and we frequently prefer elaborate conspiracy theories to reality. Vu Phong and our customers, partners join hands to invest in our planet Green hydrogen – a clean energy storage solution Green Hydrogen for Sustainable Energy […]
Tinted Solar Panels and the Future of Farming Leafy vegetables may not be cultivated in rows of crops beneath the sun in the future. Alternatively, they might be cultivated indoors behind tinted semi-transparent solar panels, allowing farmers to grow food while also producing electricity. That’s the future envisioned in a recent research that illustrates how this technology might assist farmers […]
The pursuit of clean and enduring energy solutions has been invigorated globally by the advent of SunDrive, an innovative Australian enterprise at the vanguard of Solar Panel Technology. This trailblazing firm is redefining solar panel fabrication by substituting the conventional silver with copper, a more plentiful and economical option, heralding a pivotal shift in the solar power domain Promoting sustainable […]
There are smart tiny home, and then there are micro-units that make a standard tiny home look like a mansion. Ecocapsule announced Space, an off-grid micro-unit with the “attractive design of a giant egg,” as the company describes it, earlier in June. Smart tiny home is only 68 square feet Ecocapsule is headquartered in Bratislava, Slovakia. In 2018 it released the […]
According to the Solar Energy Industry Association’s Solar Market Insight Report, solar has been one of the top two renewable energy sources in the US for the sixth year in a row. What are the advantages of businesses pursuing sustainable development? Four price framework options for transitional wind and solar power projects In 2018, the residential market for solar energy […]
