28.10.2021

Installing solar power for free, saving more than 80.000 USD of electricity every year

In DAT Solar’s ESCO model, businesses with a rooftop area of 5,000m² or more will receive a fully funded solar power system, providing clean electricity at a price up to 35% lower than that of EVN (Vietnam Electricity), and they will own the system at the end of the contract.

Benefits of ESCO: Zero-Capital investment for solar installation

ESCO is an investment model designed for businesses with high electricity consumption for production and business purposes. It is available to businesses that own idle warehouse or factory rooftops with an area greater than 5,000m² and have the desire to install solar panels to save on annual electricity costs.

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By utilizing idle rooftop space, businesses can have a solar power system installed without any upfront capital investment. The entire installation cost is covered by the financial partner. DAT Solar acts as the EPC contractor for the project, handling the survey, design, equipment supply, installation, operation, and maintenance of the entire solar power system. Businesses only need to pay for the electricity consumed from the system to the financial partner at a rate lower than EVN’s prices. At the end of the contract, businesses have the option to renew the lease or take ownership of the system for a symbolic price of 1 USD.

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Businesses participating in the ESCO solar installation model enjoy several benefits:

– Zero capital investment and no financial risks.

– Access to electricity at a lower price, up to 25% lower for production and up to 35% lower for businesses using electricity.

– Businesses with a rooftop area of 5,000m² or more can participate in ESCO and install a 1MWp system. With a rooftop area of 30,000m², a 5MWp solar power system can be installed, saving over 80.000 USD in electricity costs annually for businesses using electricity for production. The larger the project scale, the greater the savings.

– Hedging against annual electricity price increases.

– Free use of the solar power system, saving billions in electricity costs annually after the contract expires.

– Cooling of the warehouse roof by around 5 degrees Celsius.

– Enhanced brand value through the application of green energy, contributing to environmental protection.

Many successful ESCO projects have been implemented by DAT Solar

DAT Solar and financial partners have helped numerous businesses in Vietnam own solar power systems through the ESCO model without incurring any costs, saving billions in electricity costs annually, and providing peace of mind regarding maintenance throughout the operational period. Notable ESCO projects successfully deployed by DAT Solar and financial partner GreenYellow Vietnam have received high praise and met expectations for economic efficiency, delivering significant benefits to both investors and beneficiary businesses.

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Furthermore, to ensure the ESCO model is smooth and effective, DAT Solar collaborates with reputable financial funds and investment funds both domestically and internationally, including GreenYellow Vietnam, SEM Corp, CME, Shire Oak International, OCB Bank, etc. These collaborations ensure robust financial support and bring investment experience in solar energy projects of up to hundreds of MWp for various clients in Vietnam. This makes it more reassuring for businesses participating in the ESCO model with DAT Solar, streamlining the investment process, making it faster, and receiving comprehensive support from DAT Solar and financial partners.

DAT Solar – EPC Contractor synonymous with quality and efficiency

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With over 17 years of experience, DAT Solar is a leading provider and developer of comprehensive solar energy solutions in the Vietnamese market, covering solar energy and energy storage, along with a comprehensive value ecosystem. With a workforce of nearly 350 employees, including 50% application engineers, DAT Solar understands the design and installation methods to ensure high performance and output, maximizing profits for large projects. As of now, DAT Solar has supplied and deployed nearly 10.000 solar power systems with a total capacity of over 800 MWp. Currently, DAT Solar has executed numerous ESCO projects ranging from 1MWp to 15MWp or self-invested projects for large enterprises, shopping centers, manufacturing plants, etc., and will continue to provide more effective solar investment solutions in the future.

So, if your business aims to save on electricity costs, gain a competitive advantage, and own a solar power system without capital investment, join the ESCO investment model with DAT Solar today!

For more information and consultation on the ESCO model, please contact the hotline 1800 6567 (free of charge) to receive detailed information and 24/7 support from DAT Solar.