All posts tagged: Solar power development


Nearly 510 GW of renewable energy added in 2023

With the addition of nearly 510 GW, the global renewable energy growth rate in 2023 has reached its fastest pace in two decades. According to the International Energy Agency (IEA) report, three-quarters of this added capacity comes from solar power. A new record for 22 consecutive years According to the Renewable Energy 2023 report: Analysis and Forecast until 2028, recently […]

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Special Edition: Green Transition Handbook for Businesses

The global green transition is very strong worldwide. It is considered the common path globally, driven by the highest authorities, including Governments. Green transition is not just a trend; it’s an essential journey for businesses to thrive in the market, enhance competitiveness, and achieve sustainable development. In November 2021, at the COP26 conference, Prime Minister Pham Minh Chinh announced Vietnam’s […]

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Another member of the An Phat Holdings ecosystem uses renewable energy

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 […]

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Solar development potential in the Southern region

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. Favorable conditions for solar development in the South Vietnam is evaluated as a country […]

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VP Carbon Solutions shared about the carbon market and RECs market

ACA-Vietnam, a member of ACA (Alliances for Climate Action), collaborated with WWF-Vietnam and VP Carbon Solutions to organize an end-of-year program for members on December 22, 2023. Mr. An, Pham Dang, Director of VP Carbon Solutions and Deputy General Director of Vu Phong Energy Group, coordinated the program and shared views on the carbon market and Renewable Energy Certificates (RECs) […]

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co-hoi-hop-tac-ve-nang-luong (1)

Many opportunities for energy collaboration between Ho Chi Minh City and Chungbuk – Korea

Ho Chi Minh City (HCMC) and Chungbuk (or Chungcheongbuk – Korea) can collaborate to develop economic sectors that apply digital technology and smart technology for sustainable development, focusing on an opportunity in the energy sector… by harnessing the strengths of each region. The Chungbuk Provincial Council hosted the HCMC – Chungbuk Business Forum on the afternoon of December 18 in […]

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Vietnam Energy and Technology Forum 2023 on localization in renewable energy

On the afternoon of December 14, the 6th Vietnam Energy and Technology Forum 2023 took place in Hanoi, organized by the Ministry of Science and Technology, Ministry of Industry and Trade, and Germany’s Federal Ministry for Economic Affairs and Climate Action (BMWK); and coordinated by the Department of Technology Application and Development, Department of Electricity and Renewable Energy in collaboration […]

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The Theme of CiC 2023: Digital Innovation – Green Transformation

The final round of the Creative Idea Challenge – CiC 2023 was held on November 25, 2023, in Ho Chi Minh City. Mr. Tri, Nguyen Quang, General Director of Vu Phong Energy Group, attended and awarded scholarships totaling 60 million VND to the top student teams. Vu Phong Energy Group’s highlighted activities in August 2022 Promoting sustainable development for businesses […]

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system development at Song Hong Aluminum Shalumi

Collaboration for rooftop solar power system development at Song Hong Aluminum Shalumi

On November 15, 2023, at the Song Hong Aluminum Shalumi Group Joint Stock Company (Viet Tri, Phu Tho), a signing ceremony took place to collaborate to develop a rooftop solar power system. The system has a capacity of 887 kWp, developed through a Power Purchase Agreement (PPA) collaboration, with VP Energy as investor, Vu Phong Energy Group providing Engineering, Procurement, […]

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a rooftop solar project in Dong Nai

15,000 Safe Man-Hours at a rooftop solar project in Dong Nai

On September 29, 2023, the project management of the rooftop solar power system celebrated a milestone of 15,000 safe man-hours at the construction site in Dong Nai. TotalEnergies, the project’s investor, recognized Vu Phong Energy Group’s achievement in ensuring safety throughout the project. Project Overview The rooftop solar power system has a total capacity of 1.15 MWp and construction commenced […]

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CBAM mechanism: Companies need to report emissions from electricity consumption

During the transitional phase of the EU’s CBAM mechanism, importers of cement, steel, aluminum, fertilizers, and hydrogen products must report direct and indirect greenhouse gas emissions, including emissions from electricity use during manufacture. What may you not know about the carbon credit market? Ho Chi Minh City needs a breakthrough development mechanism to pioneer in neutralizing emissions VP Energy invests […]

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Power Purchase Agreement

High quality solar power system from PPA model

The PPA (Power Purchase Agreement) is a flexible cooperation model pioneered by Vu Phong Energy Group with the participation of investment partners to develop rooftop solar power at business and production establishments, especially factories in Vietnam. The PPA (Power Purchase Agreement) solar power model, pioneered by Vu Phong at the end of 2019 and the beginning of 2020 in Vietnam, […]

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How should businesses adapt to the EU’s CBAM?

In just a few days, the EU’s Carbon Border Adjustment Mechanism (CBAM) will officially enter its transitional phase, starting October 1, 2023. Proactively adapting to CBAM is a challenge for many businesses in Vietnam, especially those in industries like steel, aluminum, cement,… What is the Carbon Border Adjustment Mechanism (CBAM)? The European Union’s CBAM is an environmental trade policy that […]

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Opportunities and Challenges in Renewable Energy Development in Ho Chi Minh City

Renewable energy sources are acknowledged for Ho Chi Minh City’s significant contribution to environmental protection and sustainable development. The topic of Voice of Vietnam (VOV) held on July 29 was “Developing Renewable Energy in Ho Chi Minh City – Opportunities and Challenges.” Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group, and Mr. Son, Ha Dang, Director […]

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Vu Phong Energy Group in June 2023

Various Activities of Vu Phong Energy Group in June 2023

Vu Phong Energy Group had a productive June, as they successfully hosted our Annual General Shareholders’ Meeting in 2023. In addition, we signed a collaboration agreement for a new project at the Shints BVT factory in Hai Duong and engaged in negotiations with several other factories. Vu Phong also maintained the deployment, installation, operation, and maintenance of solar power systems […]

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The first farm and dairy factory in Vietnam certified Carbon-Neutral

Vinamilk’s dairy farm and milk factory in Nghe An has recently received the PAS 2060:2014 Carbon-Neutral certification, making Vinamilk the first dairy company in Vietnam to achieve Carbon-Neutral at both the factory and farm. The total greenhouse gas emissions neutralized by these two units, according to Vinamilk’s report, are equal to 17,560 tons of CO2 (equivalent to nearly 1.7 million […]

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Grand opening of Dalat Worsted Spinning

Grand opening of Dalat Worsted Spinning – the worsted yarn spinning mill factory utilizing solar energy

On the morning of May 25, 2023, Dalat Worsted Spinning Limited Company opened the Dalat Worsted Spinning Factory – DWS. This is the first worsted yarn spinning mill factory in Vietnam with modern machinery and uses clean energy for production through a solar power system with a capacity of 2,04 MWp. The Dalat Worsted Spinning Factory – DWS of Dalat […]

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Kick-off of Solar Project at Dalat Hasfarm – A New Milestone in Sustainable Development

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 […]

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Robot 100% “Make in Vietnam” for green energy at green economy exhibition

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 […]

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What is EPC?

EPC Contracts Explained: Everything You Need to Know

The article will explain what an EPC contracts is, the responsibilities of an EPC general contractor, and the numerous benefits of an EPC contract for 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” stands for “Solar and […]

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Ensuring Continuous Power: The Benefits of Back Up Solar Power Systems

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, […]

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Sustainable Development: Principles and Criteria

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 […]

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Proactive energy price for businesses: European lessons

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 […]

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Vu Phong Energy Group was honoured as The 2022 Best EPC Contractor in Vietnam by TotalEnergies

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 […]

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Climate finance

Finance – the challenge to climate goals

Commitments to reduce greenhouse gas emissions and achieve carbon neutrality have been proposed, as many initiatives to fight climate change have also been presented. However, in order for these initiatives to be implemented and climate targets to be realized, a major challenge must be overcome – finances. Climate finance has emerged as a major concern and a key topic within […]

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2,9 MWp, PPA installation project in Golden Victory, Nam Dinh

Footwear enterprises use green standards to increase export

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 […]

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3 critical factors that contribute to the quality of a solar power system’s operation

To meet environmental regulations while saving money on energy costs, many businesses are opting for clean energy alternatives such as solar power as part of the movement toward sustainable development and emission reduction. To maximize efficiency, the solar power system must maintain project quality and continually function with high efficiency. Vietnam’s leading professional solar EPC contractor Clean energy for manufacturing […]

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Increasing benefits for plastic enterprises with green production

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 […]

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Impressive textile factories rooftop solar power system

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 […]

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“Greening” textile industry: A foundation for sustainable growth and development

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 […]

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Vu Phong Energy Group’s highlighted activities in August 2022

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 […]

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Bringing Solar Energy to the Mountains

People's lives were still difficult in the high mountains, where villages lived off the national grid. Despite the teachers' efforts and willingness to teach, learning in schools is extremely difficult here due to a lack of electricity and inadequate facilities. It is always a difficult journey to build schools, bring solar energy to teachers and students, and reach out to [...]
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Check it out: 3 Asset Management packages add value to wind farms

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 […]

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Vu Phong & Steag: Value-Driven Asset Management for Vietnam Wind Farms

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% […]

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Solar power is greening plastic factories

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 […]

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world environment day which is

Action for climate!

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 […]

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How does solar power work? Update 2021

How does solar power work? Converting sunlight to electrical power Solar power cells convert sunlight into electricity, using the energy of speeding photons to create an electrical current within a solar panel. Photons are created in the center of the sun by the fusion of atoms. It takes a photon about a million years to work its way to the surface […]

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Liquid Fuel

Turning Solar Energy Into Liquid Fuel

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 […]

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Tinted Solar Panels Can Help Farms Generate Clean Energy While Growing Food

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 […]

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SunDrive’s A Paradigm Shift in Solar Panel Technology

The global quest for clean and sustainable energy solutions has received a significant boost with the emergence of SunDrive, an Australian startup pioneering a revolutionary approach to solar panel manufacturing. Their groundbreaking technology replaces the traditionally used silver with copper, a more abundant and cost-effective material, paving the way for a significant transformation in the solar energy landscape. Promoting sustainable […]

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This $56,000 smart tiny home is only 68 square feet, and can operate off-grid using solar power

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 […]

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