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
Solar panel industrial craft 2
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
More solar panels installed in southern localities
Illustrative image (Photo: VNA) Hanoi (VNA) – Over 1,000 clients installed solar panels with a total capacity of nearly 2.5 million kWh on rooftops in 21 southern cities and provinces as of April 15, according to the Electricity Vietnam’s Southern Power Corporation (EVNSPC). The activity is meant to realise the government’s policy of encouraging and promoting the development of renewable energy. The EVNSPC said it will install electricity meters in houses to measure extra rooftop solar power and buy it from customers who are willing to sell. Under the Circular No.05 issued by the Ministry of Industry and Trade on March 11, the price of rooftop solar power will stand at 2,134 VND (0,09 USD) per kWh. Those interested could call the hotline 19001006 and 19009000 or visit the website www.cskh.evnspc.vn for consultation and support. The EVNSPC affirmed that the use of solar power will not only ease pressure on the national grid, ensure power supply for … [Read more...] about More solar panels installed in southern localities
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