“Reducing Carbon footprint towards Net Zero” is the theme launched by the World Wide Fund for Nature (WWF) in the 2024 Earth Hour Campaign (taking place from 8:30 p.m. to 9:30 p.m. on March 23, 2024). Originating from a lights out event in Sydney, Australia 2007, Earth Hour – initiated by WWF – has become an annual global movement for […]
In 2023, global CO2 emissions related to energy increased by 410 million tons – equivalent to a 1.1% rise; lower than the increase of 490 million tons (1.3%) in 2022. According to the IEA, clean energy technologies (solar energy, wind, nuclear energy, heat pumps, and electric cars) played a crucial role in reducing emission growth during the period 2019-2023. Nearly […]
Vietnam has significant potential to grow its carbon credit market, especially as the global shift towards green transition and emission reduction to combat climate change gains momentum. To seize the opportunities presented by the development of the carbon credit market, businesses will need to overcome several challenges, starting with meeting international standards… Developing the carbon credit market in Vietnam According […]
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. Flexible Rooftop Solar Power: A New Trend Florida utility aims to build world’s biggest […]
What is the PPA (Power Purchase Agreement) Model? The PPA model, a cornerstone of the Vu Phong Energy Group’s operations, is a contractual framework that facilitates the buying and selling of energy. This long-term agreement, spanning 10 to 25 years, is established between an electricity producer and a consumer. It enables customers to enter into contracts with third-party developers to […]
The introduction of a green finance platform, climate investment funds, and over 120 nations’ commitment to triple global renewable energy capacity by 2030… These are the highlights of the COP28 Conference, which have been recognized as important milestones in reducing global carbon emissions and promoting renewable energy development. Nearly 120 countries commit to renewable energy goals During the COP28 Conference, […]
The rooftop solar power system of Duy Tan Plastics Company, a subsidiary of Duy Tan Plastics Manufacturing Corporation, in Binh Duong, has a capacity of 2.17 MWp. The system contains 16 SMA 110kW inverters and 3,289 high-performance 660W Canadian solar panels. On November 22, 2023, the system was officially handed over. Clean energy solution for the plastic industry VP cooperates […]
To best accompany businesses towards sustainable development and meet green standards following global trends. Vu Phong Energy Group established a member company – VP Carbon, which specializes in consulting services on emission reduction and carbon neutrality for businesses. Services Offered by VP Carbon VP Carbon Joint Stock Company specializes in providing solutions to help businesses efficiently reduce greenhouse gas emissions, […]
Vu Phong Energy Group collective stepped into September 2023 with excitement and abundant energy, initiating a meaningful sharing session to create an ideal work environment. This session occurred at the new office of Vu Phong Energy Group in Ho Chi Minh City – a more extensive, modern building located at 19 D8 Street, Caric Residential Area, An Khanh Ward, Thu […]
On September 15, at Tan Phu Trung Industrial Park, Cu Chi, Ho Chi Minh City, the handover ceremony of a 2.23 MWp rooftop solar power system of the factory of Kem Nghia (Nghia Nippers Corporation) took place. The ceremony was attended by Mr. Tu, Tran Minh – Deputy General Director of Kem Nghia; Mr. Thuong, Duong Van – Head of […]
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,… CBAM & Electricity Emissions: What Businesses Need to Know Ho Chi Minh City needs a breakthrough development mechanism […]
At the Smart and Sustainable City Forum 2023, held on the afternoon of August 23, 2023, both local and international experts discussed many energy solutions to meet the demands of developing cities in Vietnam. Mr. Phong, Pham Nam, Founder and Chairman of the Board of Directors of Vu Phong Energy Group, shared at the forum. Vietnam Energy and Technology Forum […]
Electricity costs often account for a significant proportion of a manufacturing business’s overall operational expenses, impacting product pricing and profitability. Efficient electricity-saving measures may assist enterprises in optimizing their operating expenses while simultaneously reducing greenhouse gas emissions, contributing to environmental protection. Electricity Consumption in the Industrial Sector The industrial sector is the nation’s largest energy consumer, accounting for over 50 […]
The 1.5 MWp solar power system will be installed on Chien Thang Industrial Company Limited’s rooftop. This system was developed under a Power Purchase Agreement (PPA) cooperation model, invested by VP Energy and Vu Phong Energy Group provided EPC general contractor and operation and maintenance (O&M). On July 22, 2023, the signing ceremony took place. Collaboration for rooftop solar power […]
Many green manufacturing and consumption businesses have long prioritized reducing greenhouse gas emissions and carbon footprint. However, with recent strong commitments and actions from Governments, reducing emissions and achieving carbon neutrality is not just a trend but a essential pathway for businesses to avoid being phased out of the market. The global trend With over 100 countries making strong commitments […]
In Ho Chi Minh City, administrative agencies and public service units will be permitted to install rooftop solar power systems. This is one of the mechanisms and policies recently approved by the National Assembly in Resolution No. 98/2023/QH15 on piloting a number of specific mechanisms and policies for the development of Ho Chi Minh City. Many opportunities for energy collaboration […]
Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group, shared information on job opportunities in the renewable energy industry in the context of sustainable development at the workshop. On June 3, 2023, the workshop was held as part of the Social Impact Career Fair event at the University of Social Sciences and Humanities, National University of Ho […]
In March 2023, Vu Phong Energy Group continued implementing projects and started a solar power system project at Dalat Hasfarm’s farm (Da Lat, Lam Dong). During the month, Robot VPT-RB1200-S1, 100% “Make in Vietnam” product of Vu Phong Energy Group, was also displayed at the “green economy” exhibition within the framework of the High-Quality Vietnamese Products 2023 announcement program and […]
Ho Chi Minh City has the potential to be pioneering in achieving emission reduction targets, the neutrality of greenhouse gas emissions, and the increased use of renewable energy. However, the locality requires some groundbreaking development mechanisms to exploit this potential fully. The Ho Chi Minh City National Assembly Delegation held a Meeting on March 30 to discuss and comment on […]
In the context of an increasing number of businesses choosing to use solar power to reduce emissions and carbon footprint in their production activities, the PPA (Power Purchase Agreement) model pioneered by Vu Phong Energy Group is highly regarded for its practical and effective benefits. With this model, Vu Phong has developed and transferred a series of rooftop solar power […]
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 […]
The demand for sustainable and renewable energy sources has never been greater. As we strive to reduce our carbon footprint and transition to a greener future, innovative solutions like transparent solar panels are gaining traction. These cutting-edge devices offer a unique approach to harnessing solar energy, combining functionality with aesthetics. In this article, we will explore the latest advancements in […]
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, […]
The adoption of a Rooftop Solar Power policy, characterized by its flexibility, stands to create a favorable landscape for investors and manufacturers alike. Such a policy would pave the way for the widespread adoption of clean energy solutions, offering a dual advantage: it would facilitate a greener footprint for businesses while also providing a lucrative avenue for investment in sustainable […]
In our collective quest to achieve our Climate Finance objectives, we have witnessed a surge of commitments aimed at reducing greenhouse gas emissions and achieving carbon neutrality. These commitments are part of a comprehensive suite of strategies crafted to address the growing menace of climate change. Drive action for global climate goals COP26: Joint voice to protect the future of […]
In pursuit of global climate goals, a massive congregation of over 400,000 delegates, symbolizing world leadership, convened at COP27. This followed the firm pledges made at COP26. Their unified objective was to brainstorm and identify effective strategies to accelerate actions towards meeting their commitments and tackling the universal challenge of climate change. COP26: Joint voice to protect the future of […]
Utilizing renewable energy and embracing sustainable manufacturing practices is a prevalent global trend, especially among major firms and brands. Also available is Kem Nghia (Nghia Nippers), a national brand that is now among the world’s leading manufacturers and sellers of specialized nail tools. Many businesses develop smart, modern and sustainable factories Handover of solar power system at Kem Nghia factory […]
On 24/7/2022, Construction Joint Stock Company 47 (HOSE: C47), an associated company of Vu Phong Energy Group, signed a contract for the construction of the Nam Pha, Nam Phak, and Phouphong Dams as part of the Nam Phak Hydropower Project in Lao People’s Democratic Republic and Song Da 5 Joint Stock Company. This is the first contract in the C47 […]
Update 2022: The energy crisis we face as a global community has brought to the forefront the importance of alternative and renewable energy sources. In this regard, solar power is a key candidate for reducing our reliance on fossil fuels. How does solar power work? Update 2021 Solar Panel Recycling: Let’s Make It Happen Solar Panels on Schools – Key […]
Engineers from Vu Phong Tech – Vu Phong Energy Group gradually mastered the technology and consistently achieved excellent results in the operation and maintenance of the BIM 2 Solar Power Plant (Thuan Nam, Ninh Thuan) via initiative and professionalism. The solution to optimizing the performance of operating solar farms Excellent operation of BIM 2 Solar Power Plant for three consecutive […]
Solar Tracker System has a high feasibility consideration in the correlation between two economic-technical criteria among the approaches that have been researched to enhance the performance of the solar battery system. The information in this article will help you understand more about the specifications of these systems. Advantages of a Solar Tracker System On the world’s solar radiation map, Vietnam […]
Update 2022: Situated in northern Georgia, near the Tennessee border, Dalton was historically renowned for its dominance in carpet manufacturing. Nevertheless, the city has diversified its portfolio and is now recognized as a global leader in floor coverings, manufacturing a wide range of materials such as hardwood, tile, laminate, and other products in the solar industry. Pushing for Zero-Carbon Transport […]
People are increasingly choosing off-grid solar power systems over conventional on-grid electricity as a substitute. These self-sustaining systems are capable of supplying homes, companies, and other uses with electricity. Many people are keen to learn more about them because of their various advantages, which range from financial savings to environmental friendliness. The advantages and disadvantages of off-grid solar power systems […]
Update: After receiving over $60 million in a recent 50-day crowdfunding campaign, a German business plans to market a self-charging electric automobile clad in solar panels starting in 2022. Sono Motors, located in Munich, anticipates that its €25,500 ($27,600) electric car, the Sion, will benefit from a range extension of up to 20 miles per day in Germany, depending on […]
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% […]
With the increase of renewable energy toward developing a green and sustainable economy, energy storage solutions become more attractive, with more money poured into research and development. The following are some of the most widely utilized energy storage systems in the world: Pumped-storage hydropower This is one of the most efficient forms of energy storage available today, accounting for more […]
During the consulting process, investors usually ask how long the life of a solar panel is. It is reasonable because the solar panel, regarded as the “heart,” is crucial to the overall system. Solar panels are also the equipment with the highest total cost of ownership when installed. How long does a solar panel last? The lifespan of a solar […]
A completely passive solar-powered water desalination system developed by researchers at MIT and in China could provide more than 1.5 gallons of fresh drinking water per hour for every square meter of solar collecting area. Such systems could potentially serve off-grid arid coastal areas to provide an efficient, low-cost water source. Solar-Powered Water Desalination System Developed by MIT and Chinese […]
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 […]
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 […]
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 […]
When you think of solar panels, the instant image that comes to mind is the typical blue-black panel that covers many a rooftop. In fact, many find it strange, perhaps even paradoxical, that an object meant to harness energy from the bright sun, comes with such a dark contour. This is by design, as the nearly-opaque panels are able to […]
Whether you love them or hate them, PV panels are a marvel of engineering. But how do they work? Solar photovoltaic panels have become commonplace today. Many roofs around the world are now clad in them. But how do they actually work? Let’s find out. How solar pv panels work step by step? In a nutshell, solar PV panels convert light from […]
