On July 19, 2019, Ecoba Renewable Energy Solutions Joint Stock Company (EGE) and Dang Thanh Trading Services Production Co., Ltd conducted the Signing Ceremony of Investment Cooperation Contract and Construction Groundbreaking Ceremony of the rooftop solar power plant with capacity of ~ 1MWp. This is a new and important step in the long-term cooperation process of the two parties.

Investment cooperation in construction of a rooftop solar power plant

The signing ceremony was attended by Ms. Le Quynh Hoa - Director of Ecoba Renewable Energy Solutions JSC (EGE), Mr. Dang Ngoc Thanh - Director of Dang Thanh Trading Services Production Co., Ltd. and the representatives of the Board of Directors of the parties. This event is an important milestone, marking EGE's efforts in researching and implementing the solutions to develop the renewable energy sources for Vietnamese enterprises.

According to the signed contents, EGE and Dang Thanh will cooperate in the implementation of the investment project of a rooftop solar power plant with a capacity of ~ 1MWp at a plant in Thuan An town, Binh Duong province. This project, when putting into operation, will ensure a part of the power supply for plant’s operation and generate the profits when the system is connected to the grid and the electricity is sold to EVN.

Appreciating the opportunities for investment cooperation with EGE, Mr. Dang Ngoc Thanh - Dang Thanh Representative said: “The investment cooperation agreement with EGE is a trial step in our search for potential and sustainable investment cooperation models in the future. In addition, investing in renewable energy systems will help us increase our image and competitiveness with international partners. ”

In Binh Duong, Dang Thanh is known as a manufacturer and supplier of raw materials for the production of wooden products at home and abroad with large-scale workshop systems.

Rooftop solar power - a sustainable investment solution

With the characteristics of topography, climate and weather, our country has a great potential of solar radiation, it is estimated that the technical potential of solar power development in Vietnam can be up to 340,000 MWp.

With the State's policy of encouraging the development of power from renewable energy, many solar power projects have been invested in construction, of which rooftop solar power is a type with many advantages, can be strongly developed in the future with many advantages such as: Not waste the land area; Help enhance effective anti-heating for works; Small scale, scattered installation should be connected to the existing low and medium voltage grid, no need to invest in additional transmission grid system; With a small scale, it is suitable to encourage many individuals and organizations to invest in business. Rooftop solar power is particularly suitable for the factories because of its large roof area and high demand for the power.

EGE is an investor and provider of solutions in developing the renewable energy sources, providing the enterprises with active energy supply solutions, reducing the electricity costs, operating stably and efficiently. The service delivery model of EGE is different from many companies in the market in that EGE operates based on the model of long-term investment cooperation with the enterprises from the process of Capital Contribution, Construction, Mining and Operation. EGE is a joint stock company with two main shareholders such as Ecoba Vietnam Joint Stock Company and WWB Japan Group.

Ecoba Vietnam is a professional project manager with 10 years of experience in the field of management and implementation of large-scale construction projects, especially in the field of energy (electricity and oil and gas). Ecoba specializes in providing EPC services with in-depth technical capacity and professional project management system as recognized by many organizations and countries.

WWB Japan is a leading company in Japan in the field of renewable energy development with experience in research, development and deployment of the technology on a global scale.