Skylar JSC – a subsidiary of BCG Energy which operates in rooftop solar sector - signed two contracts with Kangda Board and Sheng He Wood to supply and install a rooftop solar system with the total capacity of 6 MW and 2.3 MW, respectively, on September 29th 2020. Both companies are located in Linh Trung III processing zone, Tay Ninh province. The projects with the total capacity of 8.3 MW and the total investment of over 150 billion VND have been completed and put into operational stage after 3 months of construction.
The grand opening took place in Kangda Board factory with the participant of local leaders, board of management of Linh Trung III processing zone, representatives of Bamboo Capital Group and its subsidiaries and strategic partners. Through this ceremony, BCG Energy expects to raise awareness of corporations and factories about the benefits of rooftop solar installation and also encourage them to partner with BCG Energy.
According to MoIT, rooftop solar is a clean and renewable energy which is self-consumption and separated at small-scale which helps to reduce the power loss from transmission process. Besides that, rooftop solar system makes use of the existing grid; generates electricity mainly during the day which is mainly peak hours of the power system, thus, it helps reduce load peaks; takes advantage of roof space in residential areas, businesses that grid infrastructure is available and convenient for connection so it is not affect the land use planning and plans. The MoIT launched the developing renewable energy program with the target to have 100,000 rooftop solar systems, equivalent to 1,000 MW of capacity put into operational stage nationwide.
In 2020, BCG Energy has launched and put into operational stage a number of rooftop solar projects which located in Ho Chi Minh City, Binh Duong, Tien Giang, Ben Tre, Lam Dong, Quang Ngai, Binh Dinh,… with the total capacity up-to approximate 50 MW. Along with that, the Company currently has a 100 MW in the pipeline which is ready to be developed. BCG Energy aims to have 500 MW of rooftop solar energy reached COD in the period of 2020 – 2024.