DAT officially becomes the authorized partner of Sungrow in Vietnam
Ho Chi Minh City, June 2, 2020 – DAT Group Joint Stock Company (DAT Group) has signed a strategic cooperation agreement with Sungrow Power Supply Company (Sungrow) at DAT’s headquarters. This event marks a new step for DAT in expanding and strengthening its product ecosystem to increase efficiency for customers and become a leading entity in the solar energy sector in Vietnam.
Sungrow collaborates with DAT to expand the market
Established in 1997, Sungrow Power Supply Company is a leading brand in the production of grid-tied solar inverters and is trusted by banks worldwide with over 100GW installed globally (as of December 2019):
– With 23 years of experience in solar energy, Sungrow’s products are installed in over 60 countries, maintaining a market share of over 15% worldwide.
– As a world leader in solar energy, Sungrow has a dynamic R&D team with over 1,600 employees. The company has also invested in its own internal laboratory approved by UL, CSA, TÜV Rheinland, and TÜV SÜD.
– In 2019, Sungrow inaugurated the world’s largest grid-tied solar inverter manufacturing plant. When fully operational, the annual production capacity globally will reach 50GW, including 3GW from the plant in India.
With a strategy to expand its presence in the solar energy market in the Asia-Pacific region, especially witnessing the surge in demand for rooftop solar installation in Vietnam due to the FIT2 electricity pricing policy, Sungrow actively sought authorized partners. The decision to collaborate with DAT came after recognizing the superior value ecosystem:
– 17+ years of experience
– 350+ employees with 41% being engineers
– 8000+ customers nationwide
– 10.000+ solar projects with a total capacity of 600MW installed nationwide
– 10MW solar panels always available
Mr. Vu Thang, Sungrow’s representative in Vietnam, stated: “Entering the Vietnamese market since 2017, Sungrow has established a branch in Ho Chi Minh City with a professional workforce including sales, technical support, and after-sales service nationwide. The company is leading the market with a 35% market share in solar power plant installations and a 30% market share in rooftop solar. Collaborating with DAT, a leading entity in the solar energy sector in Vietnam, we believe that we will continue to achieve more success and contribute positively to building clean energy communities.”
DAT chooses Sungrow to meet the demand for commercial solar installations
In addition to the FIT2 electricity pricing policy, the government is encouraging businesses with high electricity consumption to participate in load adjustment programs during peak hours or invest in renewable energy solutions to supplement the shortfall and ensure national energy security. This has prompted businesses to show more interest in solar power installations recently.
To address the investment capital challenge for businesses, DAT is collaborating with financial investment fund partners to implement the ESCO model, rooftop leasing, and financial lending. Moreover, DAT is actively cooperating with various international partners, focusing all efforts to provide the highest efficiency for its customers.
Mr. Van Dat Tieu, CEO of DAT, shared: “Through collaboration with Sungrow, DAT demonstrates a long-term strategy to expand the ecosystem and an unwavering commitment to bringing even more value to customers, partners, and the community in the future. Sungrow’s solar inverters are composed of components from world-renowned companies: inverter modules from Infineon Germany, fans from NMB Japan, CPU from Texas Instruments USA, sensors from LEM Switzerland, ensuring the solar power system operates stably and provides optimal performance for customers.”
The reliable partnership with global partners such as INVT, Canadian Solar, SMA, and now Sungrow once again affirms DAT’s EPC capability in providing complete, quality equipment; safe and fast construction; competitive prices; and superior after-sales service. DAT is confident as a large-scale, reliable supplier, always promptly meeting all requirements to help customers save costs and enhance competitive advantages in manufacturing and business operations.
For any inquiries, please contact the hotline at 1800 6567 (free call) for quick assistance.
