Boviet solar is a leading solar energy technology company founded in 2013 in Vietnam. We specialize in manufacturing advanced monocrystalline PERC and TOPCon solar cells, as well as Gamma Series™ monofacial and Vega Series™ bifacial solar modules for residential, commercial, industrial, and utility-scale solar applications.
Our mission is to make the Earth a better place for all living beings by harnessing and delivering the power of the sun. The adoption and expansion of solar energy play a crucial role in mitigating climate change, promoting environmental stewardship, meeting increasing energy demands, enhancing public health, fostering economic development, and improving global quality of life. This core foundational responsibility shapes our company culture, transcending typical business goals, fueled by our dedication to responsible corporate governance, social sustainability, and environmental stewardship.
Join us in utilizing the power of the sun to create a brighter and more sustainable world for generations to come.
Boviet Solar has been a trusted and reliable partner in the solar energy industry for over a decade. We remain steadfast in our mission to invest in our workforce, drive technological innovation, achieve manufacturing excellence, and deliver top-performing solar modules with exceptional support. Central to our operations is our commitment to supply chain transparency, adherence to international trade compliance, promotion of sustainability, and nurturing stakeholder relationships built on mutual respect and trust.
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Our renowned Gamma Series™ Monofacial and Vega Series™ Bifacial solar modules are synonymous with exceptional quality, reliability, and vitality. Engineered using advanced solar cell technology and intelligent design features, these modules are crafted from robust components under rigorous quality control and state-of-the-art manufacturing processes. This ensures superior performance and long-term durability across diverse environmental conditions. Partner with us to harness the power of solar energy with confidence and reliability.
We have adopted cutting-edge cell technologies, including Monocrystalline PERC and TOPCon solar cells, known for their exceptional power, performance, and efficiency. These advanced technologies ensure that our solar modules deliver superior results and long-term reliability for residential, commercial, industrial, and utility-scale solar projects. Partner with us to harness the power of solar energy with confidence and reliability.
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AD GREEN is committed to providing innovative products and solutions that help make the world a healthier, safer and more sustainable place. We value our role in the global business community and honor our obligation to pursue the highest standards of environmental, social and corporate governance.
Lot A4, Nguyen Duc Canh industrial zone, Bui Vien, Tran Hung, Thai Binh province
Lot CN2, 37B Highway, An Ninh industrial zone, An Ninh commune, Tien Hai district, Thai Binh province, Vietnam
With the International Monetary Fund (IMF) expecting Vietnam''s economy to grow by 6.5 percent in 2019 and 2020, it is only natural that one of the region''s fastest growing countries is turning towards renewable energy to secure its energy needs.
What is not normal, though, is the pace in which it has taken up solar photovoltaic (PV) installations – a market it now leads in Southeast Asia.
From only 134 megawatts (MW) in 2018, Vietnam''s cumulative installed solar PV capacity will hit 5.5 gigawatts (GW) this year – or 44 percent of Southeast Asia''s total capacity – according to global energy consultants Wood Mackenzie in research released last week.
Vietnam added 4.45 GW of new solar PV capacity from June 2018 to June 2019, and Norwegian consultancy Rystad Energy calculated that the average time for construction and commissioning a solar PV project in Vietnam was "an astonishing 275 days."
As Vietnamese media reported in September, this 4.45 GW easily exceeds the 1 GW target set for solar PV electricity generation by 2020.
Vietnamese state-owned utility company, Vietnam Electricity (EVN) stated that as many as 82 plants with a combined capacity of 4.45 GW were connected to the national grid as of 30 June, allowing them to qualify for the feed-in tariff (FIT) programme.
FITs are payments made to renewable energy producers – be it companies or households – for each unit of energy they produce for the electricity grid.
Central to the growth of the solar PV industry in Vietnam was the announcement in 2017 that projects commissioned before the end of June 2019 would qualify for a 20-year FIT contract of US$0.0935/kilowatt hour (kWh), leading to a rush to get projects off the ground.
"The commissioned capacity in Vietnam has exceeded our high case," said David Dixon, senior analyst on Rystad Energy''s renewables team.
While there were bankability concerns surrounding the new projects, Rishab Shrestha, Wood Mackenzie''s power and renewables analyst, pointed out that project economics were attractive – delivering equity returns in the mid-teens.
"Regional and local IPPs (Independent Power Producers) and developers felt comfortable taking on the risk, and the projects received financing from regional and local banks," said Shrestha.
"FITs have proven to be an effective policy tool to induce rapid growth in renewables, and Vietnam''s build is another example of that."
However, as Rystad notes, grid overload is Vietnam''s main concern moving forward.
With only four solar plants with a cumulative capacity of 150 MW connected to the grid by mid-April, 34 more facilities with a cumulative capacity of 2.2 GW were added by the end of May – and EVN expects the number to rise to 95 by the end of 2019.
Wood Mackenzie, meanwhile, has also warned that EVN – the country''s only utility company – will need to find more free space in the grid or their plants will not be producing to their designed capacity.
In Vietnam''s key provinces, the installed capacity has already exceeded the grid capacity by 18 percent and the approved capacity for the Ninh Thuan and Binh Thuan provinces stand at 5 GW, more than double the grid usable capacity.
About Vietnam solar panels
As the photovoltaic (PV) industry continues to evolve, advancements in Vietnam solar panels have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
When you're looking for the latest and most efficient Vietnam solar panels for your PV project, our website offers a comprehensive selection of cutting-edge products designed to meet your specific requirements. Whether you're a renewable energy developer, utility company, or commercial enterprise looking to reduce your carbon footprint, we have the solutions to help you harness the full potential of solar energy.
By interacting with our online customer service, you'll gain a deep understanding of the various Vietnam solar panels featured in our extensive catalog, such as high-efficiency storage batteries and intelligent energy management systems, and how they work together to provide a stable and reliable power supply for your PV projects.
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