Solar & Storage Live Vietnam

𝐓𝐇𝐀𝐍𝐊 𝐘𝐎𝐔 𝐅𝐎𝐑 𝐌𝐀𝐊𝐈𝐍𝐆 2024 𝐀 𝐑𝐄𝐂𝐎𝐑𝐃 𝐁𝐑𝐄𝐀𝐊𝐄𝐑 More than 4,000 attendees enjoyed a buzzing expo floor, a jam-packed schedule of conference sessions and amazing networking opportunities as the Vietnamese energy community came out in force! 𝐓𝐇𝐀𝐍𝐊 𝐘𝐎𝐔 𝐅𝐎𝐑 𝐉𝐎𝐈𝐍𝐈𝐍𝐆 𝐔𝐒. 𝐒𝐄𝐄 𝐘𝐎𝐔 𝐈𝐍 2025. CẢM ƠN QUÝ VỊ ĐÃ GIÚP 2024 TRỞ THÀNH MỘT NĂM PHÁ KỶ LỤC! Hơn 4,000 đại biểu tham dự cùng hưởng ứng triển lãm sôi động, lịch trình hội nghị dày đặc và cơ hội kết nối tuyệt vời khi cộng đồng năng lượng Việt Nam tụ hội! CẢM ƠN QUÝ VỊ ĐÃ THAM GIA CÙNG CHÚNG TÔI. HẸN GẶP LẠI VÀO NĂM 2025. #solarstoragelivevn #solarvietnam #energyvietnam

The State Bank of Vietnam (SBV) reports that green credit is primarily directed towards renewable and clean energy projects, comprising about 45% of the total green credit outstanding. 💰 Key insights: — Strategic importance: Green credit is a vital financial stream nurturing the green economy. — Historical context: The concept of a green economy emerged from the 1970s global energy crises, emphasizing low carbon emissions and efficient resource use. — Government initiatives: Vietnam's government has enacted green economy strategies for 2021-2030, incorporating green credit into the 2020 Environmental Protection Law. — SBV’s role: Since 2017, SBV has guided financial institutions on green credit reporting, covering sectors like sustainable agriculture, green industry, and renewable energy. 📈 Current statistics: — Lending data: By the end of March, 47 banks reported green credit outstanding at approximately VND 637 trillion, reflecting a 2.6% growth from 2023 and representing 4.5% of the total credit in the economy. — Focus areas: Renewable and clean energy projects dominate, receiving 45% of the green credit allocation. 🙌 Challenges and opportunities: — Growth aspirations: Banks are keen to expand green financing but face challenges in identifying viable green projects and attracting new borrowers. — Customer base: Success varies; banks like Bac A Bank leverage strong client bases in renewable energy and green agriculture. — SME barriers: Banks with SME clientele struggle to align green lending with financial and risk management goals. 🌎 Global insights: — Bangladesh example: Bangladesh mandates minimum green credit requirements for banks, illustrating innovative approaches that could be tailored for Vietnam. While the Vietnam sees green credit as crucial for sustainable development, balancing economic efficiency with environmental impact remains complex. Improved enterprise engagement and regulatory support are essential for advancing green finance. #GreenFinance #RenewableEnergy #SustainableDevelopment #VietnamEconomy #CleanEnergy #GreenCredit #ESG #ClimateAction #SolarStorageLiveVN

Thank you and can't wait for another successful event of Huawei at Solar & Storage Live Vietnam 2025!

Vietnam's Ministry of Industry and Trade (MOIT) has assigned EVN the task of developing procedures and regulations to implement Decree 80/2024, which governs direct electricity trading between renewable energy producers and large electricity consumers. ⚡ Key Points: — Decree 80/2024, signed by the Prime Minister on July 3rd, introduces a direct electricity trading mechanism, effective immediately. — Two trading methods: 1. Direct trading via private lines, independent of the national grid. 2. Direct trading connected to the national grid. 🌪 Challenges in implementation: — For private line trading, agreements between parties are contractually guided but specifics are mutually negotiated. — For grid-connected trading, ensuring system safety and demand-supply alignment poses challenges. — All stakeholders, especially grid operators, need to adopt new processes under the new mechanism. 🎩 Roles and actions: — MOIT will oversee and guide the implementation, ensuring coordinated and efficient execution. — Local authorities must review and align zoning and safety regulations to support renewable energy projects. — EVN is tasked with developing the required processes to handle registration by major consumers and renewable producers. — The Electricity Regulatory Authority of Vietnam (ERAV) will review and amend relevant regulations to facilitate smooth enactment of the decree. #VietnamEnergy #RenewableEnergy #EnergyPolicy #Sustainability #EVN #MOIT #SolarStorageLiveVN

Vietnam is set for significant growth in rooftop solar power adoption with a new policy proposal to buy surplus power at 671 dong/kWh (approximately $0.024), as reported by pv magazine Global. This initiative aims to foster the development of rooftop solar systems while ensuring grid stability. However, the proposed rate has sparked debate among experts last week. Some argue that the low buyback price may deter potential investors, whereas others advocate for allowing more surplus power to be sold to the grid or implementing a net metering system to make investments more attractive. Overall, while the tariff is a step towards a greener energy market, additional supportive policies and incentives are needed to make solar investments more lucrative. At Solar & Storage Live Vietnam, we are closely observing these developments. For those interested in discussing current trends and showcasing their renewable energy solutions in Vietnam's evolving energy market, contact Alice Hoàng Anh Chevalier or Phu Nguyen to get involved.

🔋 Event Recap: Solar & Storage Live Vietnam 2024 Last week on July 11-12, our Head of Research, The An Ha, and Principal, Duc Pham, joined Hai Pham from Ampotech at the Solar & Storage Live Vietnam 2024. In their co-presentation, Duc and Hai illuminated the crucial role of VC investment in propelling renewable energy development and its significant implications for the energy sector. An then also shared his expertise on energy storage technology (BESS) and its pivotal role in driving innovation toward the energy transition. The event was buzzing with energy as industry leaders discussed the rapid growth and opportunities in Vietnam's renewable market, from recent innovations and supportive policy in the sector. ⚡ Stay tuned as we propel the movement toward the clean energy transition and decarbonize our earth 🌏 #EarthVC #SolarAndStorageLive #RenewableEnergy #ClimateTech

Let's look at the images of Ampotech at Solar & Storage Live Vietnam 2024 and what Ampotech brought to the recent event. #GreenEnergy #RenewableEnergy #Vietnam #SustainableDevelopment #EconomicGrowth #SolarStorageLiveVN #Ampotech

Vietnam Emphasizes Energy Efficiency as Key Investment 📈 Imagine a country that's growing at 6-7% every year — energy demand is naturally going to skyrocket. ⚡ But Vietnam isn't just thinking about growth; it's also thinking smart. By focusing on using energy efficiently, the country is making a strategic investment that pays off for businesses and consumers alike. 💪 Efficiency Over Reduction - Economic Growth: With an annual growth rate of 6-7% in recent decades, Vietnam's energy demand has surged. - National Security: Ensuring energy security is crucial for socio-economic development, a priority highlighted by national leaders. 💡 Government and Expert Insights - The importance and necessity of efficient energy use are emphasized through various legal frameworks. - Advocates for rational energy use stress reducing consumption without compromising development goals. - A balanced approach between efficiency and savings is crucial in a market economy. - Wealthier economies should prioritize efficiency, while savings offer direct benefits to all. 💰 Investment Benefits - Energy savings act as an initial investment, benefiting enterprises and reducing the need for new investments and import dependencies. - Efficient energy use mitigates the high reliance on energy imports, reducing associated costs. 📑 Policies and Programs - Sustainable Development: Key policies since 2015 focus on energy savings, renewable energy, energy markets, and climate change. - Law and Education: Laws emphasize the importance of public education on energy efficiency. - Vietnam National Energy Efficiency Program (VNEEP) Goals: Targets clear savings, with electricity forming a significant portion of energy use, indicating a trend towards energy transition. 📢 Public Awareness - Role of Media: Effective outreach campaigns help consumers make informed decisions about energy-efficient products. - Youth Influence: Research shows that young people significantly influence the demand for energy-efficient devices, highlighting the impact of targeted education. So, what's the takeaway here? — Vietnam’s commitment to energy efficiency is not merely a policy choice but a pivotal investment in the nation’s future to ensure sustainable growth and energy security while reducing import dependency. This strategic focus benefits the economy, the environment, and society, positioning Vietnam as a leader in sustainable development. #EnergyEfficiency #VietnamEconomy #SustainableDevelopment #Investment #RenewableEnergy #SolarStorageLiveVN

𝐍𝐞𝐰 𝐄𝐧𝐞𝐫𝐠𝐲 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐃𝐞𝐥𝐞𝐠𝐚𝐭𝐢𝐨𝐧 (𝐕𝐢𝐞𝐭𝐧𝐚𝐦) - 𝐃𝐚𝐲 𝟑 𝐑𝐞𝐯𝐢𝐞𝐰 🌞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐢𝐨𝐧𝐬 𝐚𝐭 𝐒𝐨𝐥𝐚𝐫 & 𝐒𝐭𝐨𝐫𝐚𝐠𝐞 𝐋𝐢𝐯𝐞 𝐕𝐢𝐞𝐭𝐧𝐚𝐦 𝟐𝟎𝟐𝟒! 🌞 On 10 July 2024, the Hong Kong New Energy Business Delegation had the privilege of participating in the Solar & Storage Live Vietnam 2024 exhibition at SKY Expo Vietnam, Ho Chi Minh City. Our delegation's involvement in this prestigious event was a rewarding experience filled with valuable takeaways and networking opportunities. 𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬: 🌿 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬: We explored the latest advancements in solar and energy storage technologies. The exhibition showcased cutting-edge solutions for commercial, industrial, and residential projects, providing us with fresh perspectives on integrating renewable energy into diverse applications. 🔋 🤝 𝐍𝐞𝐭𝐰𝐨𝐫𝐤𝐢𝐧𝐠 𝐚𝐧𝐝 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐨𝐧: The event was a melting pot of industry leaders, policymakers, and innovators. We formed new connections and discussed potential collaborations that could drive the growth of renewable energy in Hong Kong and beyond. 🌏 🎤 𝐄𝐱𝐩𝐞𝐫𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: We were honored to have one of our delegates, Dennis Wu, share at one of the forum discussion sessions. His insights on the future of energy storage and its role in sustainable development were well-received, adding significant value to the discussions. 💡 🌟 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐌𝐞𝐞𝐭𝐢𝐧𝐠𝐬: A highlight of the day was the special meeting between our delegation and Long Lam, Chairman of Innovation Services Center. The discussion focused on the application of new energy solutions in their Technology Park in Hau Giang, shedding light on the current renewable energy landscape in Vietnam. This strategic dialogue underscored the potential for future collaboration and knowledge exchange. 🏞️ 𝐖𝐡𝐲 𝐕𝐢𝐞𝐭𝐧𝐚𝐦? 🌅 Vietnam’s commitment to renewable energy is evident through its ambitious initiatives and policies. The government's recent issuance of the Direct Power Purchase Agreement (DPPA) mechanism and the emphasis on building a smart grid system are driving substantial growth in solar power. These developments align with Vietnam’s goal to decarbonize its economy and achieve net-zero emissions by 2050. 🌍 🚀 Participating in Solar & Storage Live Vietnam has equipped us with the knowledge and connections to further our mission of promoting sustainable energy solutions. 🔋 🙏 Thank you to the organizers, speakers, and all participants for making this event a success. We look forward to continued engagement and collaboration in the renewable energy sector. ✨ Co-organisers: Normsun Vietnam ASEAN Hydrogen Club 大灣區碳中和協會 GBA Carbon Neutrality Association Supporting Organisations: Asia CEO COMMUNITY GLOBAL CEO COMMUNITY #RenewableEnergy #Sustainability #Innovation #EnergyStorage #SolarEnergy #VietnamEnergy #Normsun #Allinial

What a great exhibition at SOLAR & Storage live Vietnam. Thank you for stopping by:) 😝 #battery #lithium #solar #energy #battery #energystorage #energyenteriprise #lowVoltageBatterySystem