Despite scorching hot outside in June, the house of Mr. Nguyen Van Sau in Can Gio suburb’s An Thoi Dong Commune was cool with two air-conditioners. Many houses in An Thoi Dong Commune feel more comfortable using electricity-consuming appliances such as air-conditioners, fans and washing machines Mr. Nguyen Van Sau has paid VND65 million ($2,790) for installing a rooftop solar system on the 18 sq.m rooftop in April. Averagely, an installation of rooftop solar system produces 17-18kWh per day or 594kWh a month. In the first month of using solar panels, Mr. Sau paid electricity bill less than VND100,000. If the system runs well, it is estimated that he will regain the investment as he is permitted to sell solar energy via the connection with the national energy grid. After Mr. Sau, Mrs. Ngo Thi Thu Giai in Can Thanh town in Can Gio suburban district decided to install 10 solar panels worth VND70 million. Before, her electricity bill used to reach VND4 million per month but she … [Read more...] about People in countryside rush to set up rooftop solar panels
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IREX solar panels bring Vietnamese brand to the world
IREX Energy JSC, a member of SolarBK Holdings in the leading global exhibition Intersolar in Germany Following up with the goal of reaching out to the global market so as to “globalise the domestic”, IREX plans to attend many solar power exhibition events from major markets. Besides InterSolar 2019, SolarBK also attends annual events such as SNEC PV Power International Exhibition in Shanghai, China (June), Renewable Energy International Exhibition in India (September), SPI International Exhibition (September) in South America, and most recently, The Solar Show Vietnam (April 2019). SolarBK's attendance at big events not only affirms the Vietnamese brand's value in the worldwide market but also strengthens customers' trust in “Made in Vietnam” renewable energy solutions, according to the firm. To export to the EU, IREX has to satisfy the standards certified by international organisations such as UL, TUV, and most importantly the IEC 61215 (design and achieving … [Read more...] about IREX solar panels bring Vietnamese brand to the world
Sài Gòn Power to buy electricity from households with rooftop solar panels
Workers install solar pannels on rooftop of a residential house. The HCM City Power Corporation’s subsidiary, Sài Gòn Power Company, has signed contracts with households installing solar power panels on their rooftop in districts 1 and 3 to buy electricity from them. — VNA/VNS Photo Thanh Tân HCM CITY — The Sài Gòn Power Company on April 25 signed net-metering contracts with households in districts 1 and 3 that have rooftop solar power panels. Contracts will be signed in other districts in future, the company, a subsidiary of the HCM City Power Corporation (EVNHCMC), has said. Under a 2017 Prime Ministerial Decision on incentives for solar power projects, EVNHCMC has provided assistance and encouragement to people for installing solar panels. Lingering problems related to buying and selling solar power as well as tariffs seem to be solved thanks to a new circular to be issued next month by the Ministry of … [Read more...] about Sài Gòn Power to buy electricity from households with rooftop solar panels
Race hots up over solar panel manufacturers
As the global demand increases, Vietnam is competing to become an ideal investment destination for the solar segment, Photo: shutterstock Last week, the United States’ TTI Group showed its interest in building a $150 million solar photovoltaics (PV) factory in Saigon Hi-Tech Park in Ho Chi Minh City. This would become the group’s second investment in a PV solar factory. This increased investment comes amid higher global demands as well as companies wanting to lower costs and to void anti-dumping issues. According to the European Commission’s 2017 PV Status Report, the compound annual growth rate over the past decade was over 40 per cent, making photovoltaics one of the fastest growing industries. Solar PV systems are today recognised as a promising form of renewable energy technology. The overall market for PV solar is expected to continue to grow globally while the cost of installing and making solar panels continues to drop. This growth has led First Solar, one … [Read more...] about Race hots up over solar panel manufacturers
Quang Ninh installs solar panels for island residents
Illustrative image (Photo: VNA) Quang Ninh (VNA) - The Quang Ninh Electricity Company is carrying out the installation of solar panels for 15 households residing on Tran island, Thanh Lan commune, Co To Island district, the northern province of Quang Ninh. These solar panels with capacity of 1kWp will enable these households to have sufficient power for their daily activities, while they are waiting for being connected with the national power grid. Solar panels will also be installed for 178 households in Mong Cai, Hai Ha, Tien Yen, Ba Che, Binh Lieu, and Hoanh Bo, given they live in remote areas, far away from the national power grid, according to the provincial People’s Committee. Experts said solar panels bring the highest efficiency in terms of investment and environmental protection. The installation, which has a total investment of 55 billion VND sourced from Quang Ninh’s budget, is expected to complete before January 28, 2019. Solar power is attracting great … [Read more...] about Quang Ninh installs solar panels for island residents