In March 2024, several strategic activities took place, including the participation of Mr. Phong, Pham Nam – Chairman of the Board of Directors of Vu Phong Energy Group – in a program to meet with the community of innovation and creativity in Ho Chi Minh City (HCMC) organized by the People’s Committee of HCMC. Repositioning the member company – VP […]
On the morning of March 28, 2024, the People’s Committee of Ho Chi Minh City (HCMC) organized a program to meet with the community of innovation and creativity in HCMC. Attending the program, Mr. Phong, Pham Nam – Chairman of the Board of Directors of Vu Phong Energy Group – along with some experts in the community of innovation and […]
Greenhouse gas inventory is the first important step in helping businesses understand their emission situation, thereby developing reasonable and effective plans to reduce greenhouse gas emissions. What are greenhouse gas and which businesses need greenhouse gas inventory? Greenhouse gas & greenhouse gas inventory According to the Environmental Protection Law (issued on November 17, 2020), greenhouse gas are gas in the […]
“Reducing Carbon footprint towards Net Zero” is the theme launched by the World Wide Fund for Nature (WWF) in the 2024 Earth Hour Campaign (taking place from 8:30 p.m. to 9:30 p.m. on March 23, 2024). Originating from a lights out event in Sydney, Australia 2007, Earth Hour – initiated by WWF – has become an annual global movement for […]
The global trend of using electric vehicles globally and in Vietnam opens up strong growth prospects for public electric charging services to serve green vehicles soon. Becoming a partner in installing electric vehicle charging stations with Vu Phong Energy Group requires no investment, and partners will share revenue from this potential market. How do we cooperate in installing electric vehicle […]
In 2023, global CO2 emissions related to energy increased by 410 million tons – equivalent to a 1.1% rise; lower than the increase of 490 million tons (1.3%) in 2022. According to the IEA, clean energy technologies (solar energy, wind, nuclear energy, heat pumps, and electric cars) played a crucial role in reducing emission growth during the period 2019-2023. Nearly […]
On February 27, 2024, Vu Phong Energy Group officially celebrated the 15th anniversary, a significant milestone in the mission journey of “Develop clean energy for the green environment and sustainable development”. The anniversary ceremony, themed “New Position – New Motivation”, was attended by over 100 guests, including strategic shareholders, partners, customers… and the entire Vu Phong Energy Group team. It […]
With a capacity of 875 MW and a storage capability of 3,287 MWh, the Edwards & Sanborn Solar and Energy Storage facility in the Mojave Desert, California, USA, has become the world’s largest solar and battery storage project. Construction of the Edwards & Sanborn Solar and Energy Storage facility began in early 2021, commenced operations in February 2023, and was […]
On January 6, 2024, Export Import Development Investment Company Limited (VIEXIM), a subsidiary of Hanoi Plastics JSC, signed a collaboration agreement with VP Energy and Vu Phong Energy Group to develop a rooftop solar power system at the factory in Yen My district, Hung Yen province. With this agreement, VIEXIM becomes the latest member of An Phat Holdings’ ecosystem to […]
Harnessing the sun’s limitless energy, Solar for House initiatives in 2024 have transformed residential power consumption. With advancements in photovoltaic technology, homeowners are now empowered to not only diminish their carbon footprint but also enhance their property’s value and achieve energy autonomy. The installation of solar panels is no longer just an eco-conscious choice; it’s a financially savvy move, thanks […]
The carbon credit market is emerging as a critical component in the global effort to mitigate greenhouse gas emissions. This market is experiencing a significant uptick in activity, characterized by an increase in both the number and diversity of trading exchanges and institutions. As we delve deeper into this article, we will explore a range of intriguing details about carbon […]
This composition will elucidate the concept of an EPC contract, delineate the duties of an EPC general contractor, and highlight the manifold advantages that an EPC contract offers to investors. What is EPC? EPC, short for Engineering, Procurement, and Construction, refers to the design-build construction of solar photovoltaic energy systems. SWELECT (It is combined from “SWE” and “ELLECT,” where “SWE” […]
Thanks to favorable natural conditions with high solar radiation and a significant number of sunlight hours throughout the year, the Southern region of Vietnam holds immense potential for solar energy development. This clean energy source is recognized for its vital role in the region’s growth trend. Flexible Rooftop Solar Power: A New Trend Florida utility aims to build world’s biggest […]
What is the PPA (Power Purchase Agreement) Model? The PPA model, a cornerstone of the Vu Phong Energy Group’s operations, is a contractual framework that facilitates the buying and selling of energy. This long-term agreement, spanning 10 to 25 years, is established between an electricity producer and a consumer. It enables customers to enter into contracts with third-party developers to […]
Recognize RECs to contribute to the development of renewable energy, to reach 100% renewable energy and the Net Zero objective in Vietnam. This perspective was offered by Mr. An, Pham Dang, Director of VP Carbon and Deputy General Director of Vu Phong Energy Group, at a Seminar on the transition to net-zero emissions on November 7, 2023. Understanding the Significance […]
In the first month of Q4 2023, Vu Phong Energy Group continues to advance rooftop solar projects. Furthermore, negotiations are underway to accompany numerous businesses on the green transformation and sustainable development journey. Details of Vu Phong Energy Group’s outstanding activities in October, let’s read Vu Phong Magazine October 2023 Desktop Version: Read Magazine Mobile Version: Read Magazine Engagement with […]
An International Renewable Energy Certificate (I-REC) is a type of Energy Attribute Certificate (EAC). It can be used to promote renewable energy production and reduce greenhouse gas emissions. What is a Renewable Energy Certificate (REC)? Concept of Renewable Energy Certificate (REC) A Renewable Energy Certificate (REC), also known as an Energy Attribute Certificate (EAC), is a certificate used to demonstrate […]
As of October 1, 2023, the EU’s Carbon Border Adjustment Mechanism (CBAM) has officially entered its transition phase. Iron and steel is one of the first six industries to be impacted by the CBAM during this initial phase. The ‘greening’ challenge for iron and steel industry enterprises The transition phase of the CBAM runs from October 1, 2023, to December […]
Vu Phong Energy Group collective stepped into September 2023 with excitement and abundant energy, initiating a meaningful sharing session to create an ideal work environment. This session occurred at the new office of Vu Phong Energy Group in Ho Chi Minh City – a more extensive, modern building located at 19 D8 Street, Caric Residential Area, An Khanh Ward, Thu […]
On September 8, 2023, An Tien Industries, VP Energy, and Vu Phong Energy Group joined in signing a collaboration aimed at developing a solar rooftop system at the An Tien Industries factory in the Southern Industrial Park, Van Phu Commune, Yen Bai City, Yen Bai Province. The system has a capacity of 2.56 MWp and will be developed through a […]
On August 29, 2023, during the Seminar “Discussion on the energy transition roadmap towards 100% renewable energy and Net Zero in Vietnam,” many experts and energy industry leaders shared insights and discussed policy recommendations for achieving 100% renewable energy by 2050 in Vietnam. The seminar featured the participation of Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy […]
At the Smart and Sustainable City Forum 2023, held on the afternoon of August 23, 2023, both local and international experts discussed many energy solutions to meet the demands of developing cities in Vietnam. Mr. Phong, Pham Nam, Founder and Chairman of the Board of Directors of Vu Phong Energy Group, shared at the forum. Vietnam Energy and Technology Forum […]
With accompanied by Vu Phong Energy Group and JCI Dalat, TheLIGHT project under JCI East Saigon recently embarked on a journey filled with meaningful and memorable. Their mission is to provide solar power to the underprivileged residents of Makar, a remote community in Da Quyn commune, part of an ethnic minority and mountainous region in Duc Trong district, Lam Dong […]
Approximately 50,000 companies must report on their sustainability efforts under the Corporate Sustainability Reporting Directive (CSRD). This includes both EU-based and non-EU corporations that operate within the EU. This directive will also indirectly affect many other businesses, such as those in the supply chain. How to Harness Solar Energy for Good and Profit Footwear enterprises use green standards to increase […]
A sustainable development strategy has a considerable influence, representing social responsibility and being a decisive factor in a company’s success and sustainability. Building and carrying out a sustainable development strategy will assist businesses in creating long-term value, managing risks efficiently, adapting flexibly, enhancing efficiency and resource conservation, and improving brand image and consumer goodwill. This helps businesses gain a competitive […]
The 1.5 MWp solar power system will be installed on Chien Thang Industrial Company Limited’s rooftop. This system was developed under a Power Purchase Agreement (PPA) cooperation model, invested by VP Energy and Vu Phong Energy Group provided EPC general contractor and operation and maintenance (O&M). On July 22, 2023, the signing ceremony took place. Collaboration for rooftop solar power […]
International experts recognize Carbon Capture and Storage (CCS) technology as a critical intermediate and long-term solution to achieve net-zero emissions. Understanding carbon capture and storage Carbon Capture and Storage (CCS) is a process that captures carbon dioxide (CO2) emissions from various sources and transports them to safe, long-term storage locations, such as deep geological formations underground or under the seabed,… […]
“In terms of policy, I believe that self-consuming rooftop solar has a tremendous opportunity ahead of it. Many factories in industrial zones have yet to install rooftop solar systems,” shared Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group, in June 30, 2023, in the panel discussion “The lessons learnt from the pioneer investors” at the Forbes […]
In Ho Chi Minh City, administrative agencies and public service units will be permitted to install rooftop solar power systems. This is one of the mechanisms and policies recently approved by the National Assembly in Resolution No. 98/2023/QH15 on piloting a number of specific mechanisms and policies for the development of Ho Chi Minh City. Many opportunities for energy collaboration […]
The Annual General Meeting of Shareholders 2023 was successfully held on the afternoon of June 23, 2023, at the representative office at 61 Cao Duc Lan, An Phu Ward, Thu Duc City, Ho Chi Minh City. Vu Phong 2023 AGM: A Successful Gathering The meeting got a report on the Board of Directors’ activities in 2022 as well as the […]
The Sustainable Development Goals Report (SDGs) is critical in assessing progress toward the SDGs at the global and regional levels. The United Nations conducted this report, which is updated yearly. In this article, we will explore the significance and components of a Sustainable Development Goals Progress Report, as well as provide an overview of some of the highlights from the […]
In May 2023, Vu Phong Energy Group engineers maintained the work on developing clean energy systems with the goal of early operation and transfer to producing enterprises. Health, Safety, and Environment (HSE) management is always given priority at each project, particularly when the Southern area approaches the rainy season with heavy rain and high winds. Please read Vu Phong Magazine […]
Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group, shared information on job opportunities in the renewable energy industry in the context of sustainable development at the workshop. On June 3, 2023, the workshop was held as part of the Social Impact Career Fair event at the University of Social Sciences and Humanities, National University of Ho […]
Sustainable development is known as a way of helping businesses to remain competitive in the market. And what are the unique advantages of enterprises moving toward sustainable development? Impressive textile factories rooftop solar power system Assessing Sustainable Development: Principles and Criteria From the urgent requirement of practice A sustainable development strategy that is closely linked to business goals is seen […]
At the COP26 conference, over 100 nations committed to reducing emissions including Carbon neutral, achieving a net emissions level of zero, and reducing methane gas emissions… Reducing greenhouse gas emissions and developing low-carbon economies to achieve Net Zero emissions have become the mainstream global development journey. To learn more about this trend, Vu Phong Energy Group invites you to explore […]
In April 2023, amidst record-breaking heatwaves or the “worst heat wave in Asian history,” the engineers at Vu Phong Energy Group continue to work tirelessly towards developing clean energy systems with the goal of early operation and system transfer to manufacturing businesses. Utilizing renewable energy and sustainable development not only helps businesses increase market competitiveness, but also contributes to reducing […]
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 […]
In the context of an increasing number of businesses choosing to use solar power to reduce emissions and carbon footprint in their production activities, the PPA (Power Purchase Agreement) model pioneered by Vu Phong Energy Group is highly regarded for its practical and effective benefits. With this model, Vu Phong has developed and transferred a series of rooftop solar power […]
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 Vu Phong […]
When the Vietnamese market was still unfamiliar with the term “renewable energy,” a group of engineers researched, developed, and produced solar kits, charge controllers, and power converters,… for places without grid electricity, opening the very first small off-grid solar market. That was the story in 2008-2009, more than a decade ago… Vietnam’s leading professional solar EPC contractor The journey to […]
Construction Joint Stock Company 47 (HOSE: C47), an associated company of Vu Phong Energy Group, has mobilized nearly 100 types of equipment, vehicles, and machines,.. as well as nearly 200 personnel, to carry out the construction of the Nam Pha, Nam Phak, and Phouphong Dams as part of the Nam Phak Hydropower Project (Lao). C47 has excavated nearly 500,000 cubic […]
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, […]
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 […]
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 […]
The BK Marathon 2022 was held on October 23, 2022, with a large number of athletes participating. This is a large-scale sporting event held by the Ho Chi Minh City University of Technology (HCMUT – Bach khoa) – Vietnam National University Ho Chi Minh City in collaboration with the Representative Board of Bach Khoa Alumni (BKA) Community on the occasion of the […]
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, following […]
Plastic is a rapidly growing industry, growing at a rate of 16-18% per year on average, behind only telecoms and textiles. The plastics industry is likewise facing several opportunities for development and market expansion… Great opportunities for the plastics industry According to the Ministry of Industry and Trade’s Vietnam Import and Export Report 2021, the export turnover of plastic products […]
Utilizing renewable energy and embracing sustainable manufacturing practices is a prevalent global trend, especially among major firms and brands. Also available is Kem Nghia (Nghia Nippers), a national brand that is now among the world’s leading manufacturers and sellers of specialized nail tools. Many businesses develop smart, modern and sustainable factories Handover of solar power system at Kem Nghia factory […]
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 […]
Quality Assurance in Solar Power System Installation is paramount in harnessing the sun’s energy, a choice increasingly favored by households and businesses alike. This low-risk, cost-effective investment not only promises significant savings on electricity bills but also the potential to augment income. Nevertheless, the cornerstone of leveraging solar power lies in the assurance of superior construction quality, coupled with the […]
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 […]
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 […]
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% […]
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 […]
Solar energy is an important source of renewable energy that is gaining increasing popularity around the world. Solar panels are a crucial component of solar energy systems, as they convert sunlight into electricity. However, as the number of solar panels being used increases, so does the issue of solar panel waste. To address this problem, solar panel recycling has emerged […]
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 […]
