DAT Solar assists businesses in installing solar power at zero cost

Thanks to the ESCO investment model provided in collaboration with financial partners. Without spending money, businesses can purchase electricity at a lower cost and enjoy free electricity after the contract expires. ESCO is the top choice for businesses today.

ESCO – A mutually beneficial three-party energy investment model

ESCO is a financial solution for businesses that need to use solar power with flexible payment terms for investors. The main target audience for this model is businesses and public entities with relatively high annual electricity consumption.

Mr. Tran Viet Nguyen, Deputy Head of Business Division of Vietnam Electricity Group, emphasized: “Leveraging the initial investment financing by ESCO energy service companies, which provide a comprehensive package from surveying, designing, constructing, installing, maintaining, and transferring technology, reduces electricity production costs… This helps businesses reduce production costs, enhance competitiveness, and improve the image and brand of an environmentally friendly enterprise.”

Not only in Vietnam, but this model has also been successfully applied in many countries worldwide, bringing significant energy savings benefits to all three parties involved: First, ESCO customers do not need to invest capital but still enjoy the benefits of the solar power system. Second, the ESCO model encourages many businesses to use solar power, helping the electricity industry alleviate the pressure of investing in power source and grid projects, reducing overload, incidents, and equipment damage during operation, providing better conditions to fulfill the mission of ensuring stable power supply to customers. Third, investors in the ESCO model will use lease contracts for the solar power system as a basis to repay themselves.

Businesses can own a solar power system worth billions without spending money

The collaboration between DAT Solar and financial organizations will help overcome difficulties and enhance strengths to bring benefits to both investors and customers participating in the ESCO model. By utilizing idle roof space, businesses will have a solar power system without the need for initial capital investment. The entire installation cost of the solar power system will be covered by DAT Solar’s financial partners.

Monthly, businesses only need to pay for electricity from the system to the financial organization at a lower price than EVN’s. Moreover, when the contract expires, businesses have the option to renew the lease or inherit the solar power system at a symbolic price of 1 USD.

DAT Solar and its financial partners currently have a fund of 150 million USD to invest in developing large-scale solar power systems. As soon as a business expresses interest in ESCO, we will assess the application based on simple criteria such as the company’s establishment time, roof area, remaining construction permits/lease contracts, etc. When meeting the conditions for ESCO participation, DAT Solar will conduct on-site surveys, design, installation, and ensure the system’s efficiency for customers throughout the system’s operation.

To ensure the success of the project, financial organizations choose DAT Solar to help the solar power system achieve high efficiency and output. This allows financial organizations to shorten the payback period and maximize profits. Businesses can confidently use a safe solar power system, purchase abundant electricity at a low cost without worrying about risks.

DAT Solar is a unit with over 17 years of experience with a team of nearly 350 employees, including 41% who are trained engineers from domestic and international universities.

DAT Solar is currently using a globally standardized dual inverter with Canadian Solar panels, a Tier 1 group, a top 3 brand in the world in terms of output, top 1 in quality, and performance/price ratio; INVT grid-tied inverters certified by TUV SUD, IEC, meeting 100% of EVN’s grid connection technical standards.

Therefore, DAT Solar understands the design and installation methods to optimize the solar power system, ensuring return on investment for investors; ensuring technical standards for the safety of the system and the roof, addressing risks that may occur throughout the project lifecycle for businesses.

In addition, DAT Solar continuously provides many additional benefits and services to customers: a large warehouse, performance warranties, warranty centers in Ho Chi Minh City and Hanoi providing comprehensive project lifecycle maintenance services. Currently, DAT Solar has provided and installed systems for 10.000 customers nationwide, with a total capacity of over 800MW and is signing and implementing many ESCO projects for shopping centers and manufacturing plants.

Save on electricity costs, increase competitiveness, and gain many other values without the need for initial capital investment, so why wouldn’t businesses join the ESCO model today?

To understand more about the conditions, participation procedures, and benefits of the ESCO program, please contact the hotline 1800 6567 for the fastest support from DAT Solar or visit www.datsolar.com for more details.