12.10.2020

Zero Capital Investment: Businesses Own Solar Power Systems Worth Billions

Amidst the rapidly increasing trend in electricity prices, many businesses are struggling to find energy-saving solutions to maintain a competitive edge in an increasingly dynamic market. Among these solutions, the use of solar power is considered the most optimal, although businesses still hesitate due to the high initial investment costs. In order to make the solar investment environment more favorable, DAT Solar has collaborated with Financial Investment Partners to implement the ESCO model for businesses.

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 workshop roof areas exceeding 3500 square meters and relatively high electricity consumption.

giai-phap-lap-dien-mat-troi-cho-doanh-nghiep-esco-85

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:

• When installing 1 MWP, businesses save around 300 million to 1 billion VND in electricity costs per year.

• No need for initial capital investment and no associated risks.

• Self-protection against annual electricity price increases (8.3% increase in 2019).

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

• The solar power system cools the workshop roof by about 5 degrees Celsius.

Secondly, 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.

Thirdly, the financial fund will use lease contracts for the solar power system as a basis to repay itself.

Businesses can easily participate in ESCO with the support of DAT Solarr

The collaboration between DAT Solar and Financial Investment Partners will help businesses own a solar power system without incurring any costs, without worrying about operational risks or maintenance expenses.

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.

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. After 15-20 years, businesses will take over the system and confidently enjoy the benefits of solar power for 35 years.

giai-phap-lap-dien-mat-troi-cho-doanh-nghiep-esco-385

Own a solar power system and enjoy a range of benefits without 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 https://datsolar.com for more details.

WHY CHOOSE DAT SOLAR?

DAT Solar is a member brand of DAT Group, a leading product supplier and developer of advanced solutions in the Vietnamese market in high-tech fields such as Frequency Inverters – Automation, Elevator Control, Electrical Energy, and Solar Energy.

17+ years of experience
350+ staff, with 41% being highly specialized engineers
10.000+ business customers
10.000 solar power systems with a total capacity of 800MW nationwide

24/7 advisory and lifelong project support

DAT is a partner of many financial investment funds, large banks, providing ESCO solutions, capital lending, and has successfully implemented many projects, bringing high efficiency to customers. We are also:

• Partnered with Canadian Solar, SMA, Sungrow, and the exclusive representative of INVT in Vietnam
• Strategic partner of EVNHCMC