SofarSolar unveiled at Vietnam Power Show, inverter products received attention

On July 18-21, Vietnam International Power Equipment and Technology Exhibition was held in Saigon International Convention and Exhibition Center in Ho Chi Minh City, Vietnam. The first flight of New Energy was used as the leader of China's string inverter company TOP5, the leader of energy storage inverter. Photovoltaic grid-connected inverters and energy storage inverters were unveiled and the site received much attention. With the continual recognition of the maiden voyage brand in Vietnam and other markets, it has strengthened the determination of maiden voyage to further expand and consolidate the market, laying a solid foundation for the maiden voyage of new energy globalization.

 

As an important PV market in the Asia-Pacific region, Vietnam has a unique and innate condition. In terms of maiden voyage, it seems to be mainly reflected in two aspects.

 

The first aspect is the support of policy. The Ministry of Industry and Trade of Vietnam has issued a support policy for photovoltaic power generation, which stipulates that each photovoltaic power project can enjoy a power purchase mechanism of 2086 VND/kWh (equivalent to 9.35 cents/kWh, which floats with the US dollar against the US dollar). From June 30, 2019, the buyer is responsible for the total production of electricity for the photovoltaic project, with a 20-year acquisition period.

 

In addition, in terms of taxation and land use fees, preferential policies are provided for enterprises related to photovoltaic power generation projects. It is estimated that the installed capacity of photovoltaics will reach 850 megawatts by 2020, 4,000 megawatts by 2025, and 12,000 megawatts by 2030.

 

The second aspect is rich in solar energy resources. Located in the Asian-Equatorial region, Vietnam is rich in solar energy, with a solar radiation of 5 kWh per square meter per day. The central highlands and south-central regions have annual sunshine hours of 2,000 to 2,600 hours. Thanks to this innate advantage, the Vietnamese solar industry has a broad space for development and has received attention from all walks of life.

 

As the leader of China's string inverter company, TOP5, the leader of energy storage inverters, and also one of the inverter companies that entered the Vietnamese market earlier in China, the first energy new inverter has entered the Vietnam market in 2015. The brand has been deeply rooted in the hearts of the people, and the market share has also increased year by year. In order to meet the requirements of users in the Vietnamese market, maiden new energy has done its homework in design and innovation. The products not only have a comprehensive breakthrough in efficiency and quality, but also upgraded in the selection of components, among which IGBT adopts a new generation. American Fairchild and the German Infineon brand have significantly reduced switching losses; the internal circuit board uses a new three-proof design to improve the corrosion resistance of the machine.

 

With the guarantee of quality and efficiency, the first flight inverter has attracted much attention and sought after in emerging markets such as Vietnam. With the promotion and application of more and more products in many emerging markets, it has strengthened the determination of the first flight to further expand and consolidate the market, laying a solid foundation for the maiden voyage of new energy globalization.