In August, the Vu Phong Energy Group embarked on an accelerated deployment of solar power systems on businesses’ rooftops. Some of these systems are in the final stages and are expected to be completed in September 2023.
Details of Vu Phong Energy Group’s outstanding activities in June, let’s read Vu Phong Magazine August 2023
Most of Vu Phong Energy Group’s projects are being developed under the PPA (Power Purchase Agreement) power purchase cooperation model. In Vietnam, Vu Phong Energy Group, VP Energy, and investment partners are investing in and developing high-quality solar power systems on business rooftops. These businesses then purchase electricity directly from the system at affordable prices. At the end of the agreement, the solar power system will be transferred for free (0 VND) to businesses, with a commitment to system performance when transferring more than 80-90%, depending on the conditions.
Vu Phong Energy Group is negotiating and signing cooperation agreements with several new clients to develop solar projects through this collaborative model.
In addition, during August 2023, Vu Phong Energy Group has been actively participating in various events, programs, forums, and discussions to share solutions for renewable and clean energy. Vu Phong also contributes to the energy transition journey, aiming for 100% renewable energy and Net Zero in Vietnam. Some highlight events include the Smart and Sustainable City Forum 2023, the Discussion on the Roadmap for Energy Transition towards 100% Renewable Energy and Net Zero of Vietnam, and the BUSINESSLINK 2023 program…
In September, Vu Phong Energy Group will continue constructing, installing, and completing solar projects for businesses, also focusing on operating and maintaining existing systems as we persist in our mission of “Develop clean energy for the green environment and sustainable development.“
As we welcome September, we extend our best wishes to everyone for a successful month and a meaningful Mid-Autumn Festival with your families! We invite you to read the August 2023 edition of Vu Phong Magazine to learn more about the highlights of Vu Phong Energy Group’s activities during the past month:
Vu Phong Energy Group