The company saves more than 90.000 USD per year on electricity by investing only 49% of the capital

Thanks to the solar installation loan model provided by DAT Solar and its partners, Nam Cuong Urban Investment Corporation enjoys the full benefits of solar power.

Saving over 90.000 USD on electricity annually

Utilizing the system installed by DanaSolar (DAT Solar’s partner in Da Nang), Nam Cuong Company employs a set of high-performance components, including 1440 Canadian Solar panels and 8 iMars 60kW grid-tied inverters from INVT. After installing the 511kWp capacity system, Nam Cuong generates 735,840 kWh of electricity annually for its operations, resulting in savings of 92.000 USD on electricity costs. Thus, within just 5 years, Nam Cuong can recover its investment and continue to benefit from the system for the next 25 years.

Mr. Xuan Dinh Bui, the CEO of Nam Cuong Urban Investment Corporation, stated, “Engaged in project management, civil and industrial construction, and real estate development investment, Nam Cuong is highly interested in solar solutions with the aim of promoting a green lifestyle to everyone. We are fortunate to receive thoughtful advice from DAT Solar and DanaSolar on solar energy solutions, leading to a visible return on investment. DAT Solar and DanaSolar also facilitate our access to various sources of capital. Therefore, in the future, we will continue to collaborate with DAT Solar and DanaSolar in our upcoming projects.”

Quickly addressing capital concerns brings peace of mind to businesses investing.

Located in Da Nang, where solar radiation is among the highest in the country, Nam Cuong Company has long recognized the significant benefits of solar power, including reducing CO2 emissions, using affordable electricity, guarding against rising electricity prices, lowering electricity costs, enhancing competitiveness, and contributing to the government’s national energy security.

Due to their outstanding value ecosystem, DAT Solar and DanaSolar gained trust and became the chosen providers for installing the 511kWp solar power system for Nam Cuong. For over 17 years, DAT Solar has been a leading technology company in the Vietnamese solar market, serving over 10.000 customers nationwide. DAT Solar boasts a team of talented engineers trained in solar energy at reputable universities, demonstrating EPC capabilities on over 10.000 solar power systems with a total capacity of 800MW nationwide. The combination of DAT Solar’s design expertise, quality products, and specialized solutions, along with DanaSolar’s on-site services and local understanding, enhances efficiency and ensures absolute peace of mind for customers.

However, the substantial investment amount raised concerns for Nam Cuong. DanaSolar promptly collaborated with DAT Solar to thoroughly analyze the investment’s effectiveness and partnered with HDBank to address the capital issue. As a result, Nam Cuong only needs to invest 49% of the capital, with HDBank providing the rest, offering numerous practical benefits.

Mr. Hoa An Nguyen, the Director of DanaSolar, shared, “With the quality products provided by DAT Solar, DanaSolar easily passed the energy quality test at the Central Power Testing Laboratory, successfully integrating the system into the national grid. Thanks to the association with DAT, DanaSolar was also accepted by HDBank as the construction entity for one of the largest rooftop projects in Da Nang, enabling the investor to access funding from HDBank. DAT’s dedicated support will undoubtedly propel DanaSolar even further in the future.”

Does your business aim to save billions of VND on electricity annually, aspire to sustainable development, and join the global supply chain without worrying about investment capital? In addition to financial solutions, DAT Solar offers various options such as ESCO and roof leasing for your business to choose the most suitable approach. CONNECT WITH US NOW!

Calling the hotline 1800 6567 (toll-free) for more details on conditions, procedures, and working processes.