EXPERIENCE FROM A PRIVATE SECTOR VIEW
CLEAN ENERGY TRANSITION FOR ENTERPRISES
ISO 9001:2015 – ISO 14001:2015 – ISO 45001:2018
TABLE OF CONTENTS
• Company Introduction
• Solar energy for industrial zone
• Recommendation for green transition
COMPANY INTRODUCTION
OUR MISSION
DEVELOP CLEAN ENERGY FOR THE GREEN
ENVIRONMENT AND SUSTAINABLE DEVELOPMENT
OUR VISION
Become a leading developer of solar power projects in Vietnam; maintain the
leading enterprise’s position in R&D, provide services as an EPC general contractor,
Solar as a Service (SaaS) or Power Purchase Agreement (PPA) model, Operation
& Maintenance (O&M), Asset Management (AM) for solar power, wind power, and
other types of renewable energy.
VU PHONG ENERGY GROUP positions the company’s products and services with
premium quality, creates sustainable values for customers.
VU PHONG ENERGY GROUP contributes to the expansion of job opportunities for
the renewable energy industry labor market, provides highly satisfactory life for
employees and contributes to social and community welfare.
ISO 9001:2015 ISO 14001:2015 ISO 45001:2018
COMPANY INTRODUCTION
PERSONNEL QUALITY
Recognize that personnel are the most Quality is vital, VU PHONG ENERGY GROUP focuses
valuable resource of the business, VU PHONG on quality to create long-term, sustainable values
ENERGY GROUP is committed to consistent and which allow customers to gain the highest benefits for
continuous effort to ensure that the employees are their investments.
strongly supported to demonstrate their optimized
capabilities and achieve career goals.
OUR CORE VALUES
INTEGRITY INNOVATION
VU PHONG ENERGY GROUP always aims to be VU PHONG ENERGY GROUP is always updated with
fair, win-win, ensuring transparency and respect new cutting-edge technology, improves products and
among all parties. processes to deliver the best products and services to
customers.
JOINT DEVELOPMENT
VU PHONG ENERGY GROUP is committed to social responsibility and environmental protection in all our activities.
ISO 9001:2015 ISO 14001:2015 ISO 45001:2018
COMPANY INTRODUCTION
ISO CERTIFICATES
THE NUMBERS
1000+ Accomplished Projects
700+ MWp completed and under
construction
5 Offices and research
center
ISO 9001: 2015 ISO 14001: 2015
Environmental
ISO 45001: 2018
Occupational Health
Quality Management System
Management System & Safety Management System
THE AWARDS
2021 2022
THE EPC COMPANY OF THE YEAR
The Solar Future Awards 2021
SOLAR POWER PROJECT OF THE YEAR
ENVIRONMENTAL UPGRADE OF THE YEAR BEST C&I PROJECT AWARD: ACHIEVING ZERO RECORDABLE INCIDENT 2022 BEST EPC
ROOFTOP (INDUSTRIAL) THROUGHOUT PROJECTS IN 2022 CONTRACTOR IN VIETNAM
Asian Pow er Awards 2021
South East Asia Leadership Awards 2022 TotalEnergies TotalEnergies
ISO 9001:2015 ISO 14001:2015 ISO 45001:2018
PARTNER IN CLEAN ENERGY TRANSITION WITH ENTERPRISES IN INDUSTRIAL ZONE
With 15 years of experience, we have accumulated a large know-how that allows us to undertake high-requirement
projects while adhering to quality and high standards.
Payment of solar energy bills Funding for implementation and
for monthly use maintenance the Solar PV system
Power Purchase Agreement (PPA) Model
Solar power without investment
Long-term saving solution for enterprises, towards sustainable development
Vu Phong Energy Group will invest in and develop high-quality solar power
systems on the rooftops of businesses. The businesses will be able to
purchase electricity at a preferential price lower than the current electricity
price from EVN, and they will receive the entire system for free when the
contract ends. The system's performance, when handed over, is committed
to be over 80 - 90% depending on the conditions.
Design, Supply of materials, Construction and installation
Finalize the necessary formalities
Operation and Maintenance (O&M)
ISO 9001:2015 ISO 14001:2015 ISO 45001:2018
PARTNER IN CLEAN ENERGY TRANSITION WITH ENTERPRISES IN INDUSTRIAL ZONE
Vinamilk | Binh Duong province
The leading dairy company in Vietnam which is listed among the
Top 40 largest dairy company in the world by revenue (rank 36) C&I Energy South-East Asia Leadership Awards 2022
Best C&I Project Award: Rooftop (Industrial)
Together, Vu Phong Energy Group collaborated with Vinamilk, TotalEnergies to
implement the solar energy system.
For 2 sites Vinamilk Mega Vinamilk NGK
Total capacity: 4.39 MWp
Reduce
4,628 tons CO2/year (*)
equivalent
69,400 trees
has been planted for 10 years(**)
(*) Calculations based on emissions factor data for the Vietnamese electricity grid in 2021.
(**) Calculator by: https://www.epa.go v/energy /greenhouse-gas- equival enci es-calculato r
ISO 9001:2015 ISO 14001:2015 ISO 45001:2018
PARTNER IN CLEAN ENERGY TRANSITION WITH ENTERPRISES IN INDUSTRIAL ZONE
Client: Kem Nghia Service provided: PPA Client: DWS Service provided: PPA
The Asian Power Awards 2021 The Solar Future Awards 2021
Solar Power Project of the Year EPC Company of the Year
& Environmental Upgrade of the Year
Client: Lac Long Service provided: PPA Client: Dong Nam Viet Service provided: PPA Client: Tetra Pak Service provided: PPA
ISO 9001:2015 ISO 14001:2015 ISO 45001:2018
PARTNER IN CLEAN ENERGY TRANSITION WITH ENTERPRISES IN INDUSTRIAL ZONE
COMPREHENSIVE ENERGY SOLUTION
Develop Invest & Operate
rooftop solar projects EPC & OM service
rooftop solar project
(Self-consumption) for Solar Energy
(Self-consumption)
Provide
Energy Storage RE Equipment Carbon neutrality
System Manufacturing solutions
Take the main responsibility
ISO 9001:2015 ISO 14001:2015 ISO 45001:2018
SOLAR ENERGY FOR INDUSTRIAL ZONE
BENEFITS FOR ENTERPRISES IN INDUSTRIAL PARK
Cost saving for the long term
Proactive securing for energy on-site, and use of electricity
with reasonable prices.
Meet the global requirements
Consuming electricity also contributes to lowering carbon tax
costs as required by international markets, such as the
European Union's Carbon Border Adjustment Mechanism
(CBAM)...
Optimize for the capitalization
Assists businesses in optimizing their capital flow and
investing in Research and Development (R&D) activities
and expanding production.
ISO 9001:2015 ISO 14001:2015 ISO 45001:2018
SOLAR ENERGY FOR INDUSTRIAL ZONE
BENEFITS FOR INDUSTRIAL PARK
Attraction of Tenants
Sustainable industrial zones, and utilizing renewable
energy, will bring safety, reliability, and efficiency to
businesses. This will create a distinct advantage for
industrial zones in attracting large international
enterprises to establish their factories.
Regulatory Compliance and Risk Mitigation
Embracing green initiatives ensures compliance with
environmental regulations, reducing the risk of legal issues
and fines.
Demonstrate commitments to environmental
responsibility, contributing to enhancing brand value
while simultaneously contributing to the national goal of
sustainable development.
ISO 9001:2015 ISO 14001:2015 ISO 45001:2018
SOLAR ENERGY FOR INDUSTRIAL ZONE
BENEFITS TO THE NATIONAL ELECTRICITY SYSTEM
Reducing pressure on the national electricity
transmission in the context of increasing electricity
consumption demand.
Increasing on-site electricity supply contributes
to enhancing the capacity to supply the local
systems.
Increasing the redundancy of the system,
enhancing the stability of the local systems, and
ensuring the security of electricity supply.
ISO 9001:2015 ISO 14001:2015 ISO 45001:2018
SOLAR ENERGY FOR INDUSTRIAL ZONE
ADVANTAGE
The development potential of solar energy in Industrial Zones
1,600 - 2,700 hours of sunshine/year
Average radiation of 4 - 5 kWh/m2/day (in the Central and
Southern regions)
Vietnam has over 400 industrial zones (as of December
2022), among which more than 290 industrial zones have been
put into operation.
Trends in sustainable industrial development, green industry.
Trends in increasing the proportion of renewable energy usage in
companies.
ISO 9001:2015 ISO 14001:2015 ISO 45001:2018
SOLAR ENERGY FOR INDUSTRIAL ZONE
ADVANTAGE
The cost of investing in solar power is decreasing steadily
The average investment cost has decreased by about 30 - 35% compared to
2019, with a payback period of around 6-7 years in the Southern region and 7-9 years in
the Northern region (for self-investment models).
The investment costs are expected to continue decreasing while efficiency and material
lifespan keep increasing.
The popularity of the Power Purchase Agreement (PPA) model is increasing.
• Many large investment funds/investors are participating.
• Businesses do not have to invest or operate the system.
• Solar power comes at a cheaper price for enterprises.
Capability and experience in developing and operating solar power systems
• Many businesses have the capability to develop and operate systems well.
• The operation of systems will be handled by specialized units in the PPA model.
ISO 9001:2015 ISO 14001:2015 ISO 45001:2018
SOLAR ENERGY FOR INDUSTRIAL ZONE
DISADVANTAGE
About Policies
• Awaiting new policies for solar power systems after the mechanism outlined
in Decision 13/2020/QĐ-TTg expires
• The Ministry of Industry and Trade's draft on developing solar power at
residential areas and office buildings, does not yet include industrial zones.
➢ Currently, there is a lack of legal basis for system connection
procedures
About Costs
• The expenses related to solar power systems can still impose pressure on
small and medium-sized enterprises, especially during this current phase.
• Smaller businesses face more challenges in accessing the PPA model.
• Systems that aren't connected to the grid will result in longer payback
periods.
ISO 9001:2015 ISO 14001:2015 ISO 45001:2018
RECOMMENDATION FOR GREEN TRANSITION
SOME MAIN POINT
Mechanisms, policies that encourage, and create
favorable conditions for the use of renewable energy
such as rooftop solar power for manufacturing plants,
especially within industrial zone (alongside promoting
development at households and corporate headquarters).
Implement policies and create conditions for direct
Power Purchase Agreements (DPPA), not only for large-
scale renewable energy projects but also for medium and
small projects like rooftop solar systems in industrial zones.
ISO 9001:2015 ISO 14001:2015 ISO 45001:2018
RECOMMENDATION FOR GREEN TRANSITION
SOME MAIN POINT
Encourage the partnership in greening the entire supply
chain, from raw materials, production, transportation,
consumption, to recycling.
Encourage businesses to reduce emissions by aligning
their emission reduction goals with the national emission
reduction targets based on updated Nationally Determined
Contributions (NDCs).
Implement long-term policies on renewable energy to
attract investment funds and international private
investors to collaborate on developing renewable energy
projects in Vietnam.
ISO 9001:2015 ISO 14001:2015 ISO 45001:2018
RECOMMENDATION FOR GREEN TRANSITION
CONCLUSION
Partnership is the main point
Enhance the collaboration throughout the supply chain,
emphasizing the importance of partnerships in greening
from raw materials to recycling.
Renewable Energy Investment
Rooftop solar power in industrial zones still has plenty of
room for development.
Developing long-term policies on renewable energy has
a crucial role in promoting the development of solar
power in industrial zones, while also attracting investment
funds and international businesses in this field.
ISO 9001:2015 ISO 14001:2015 ISO 45001:2018
THANK 111 Lot 1 Group 11, Dong An 3, Binh Hoa, Thuan
An, Binh Duong, VN
YOU 1800 7171 / (+849) 1800 7171
[email protected]
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