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COVER STORY

Legal avenue essential
A decree on rooftop solar power systems is required to help address
a key issue surrounding self-produced power generation.
By CHU KHOI

he Ministry of Industry and Trade social responsibility concepts. With a capacity of 2.22 MWp, in 2022
(MoIT) is busy finalizing a draft It installed 4,937 high-efficiency LONGi alone the system produced approximately
T decree on mechanisms and policies rooftop solar power panels with a capacity 2,600 MWh of electricity, contributing about
to encourage the advancement of self- of 450Wp, which are capable of enduring 12-13 per cent of the factory’s power needs.
generated and self-consumed rooftop the Delta’s harsh weather and environmental This self-generated and self-consumed elec-
solar power. The draft, however, has trig- conditions. On its grounds, it installed eight tricity is highly-regarded by international
gered concerns among some businesses SMA 110KW inverters and 13 SMA 75KW experts, as it helps reduce carbon dioxide
and residents. While it will encourage inverters outside of the factory. emissions by around 1,900 tons, equivalent
the development of rooftop solar, they to planting 31,000 trees for a decade.
hope they will be able to sell any excess Meeting green standards The use of affordable renewable energy
electricity generated. Kim Duc’s solar power system was helps the company to not only optimize
The Kim Duc JSC, a leading supplier developed under a power purchase agree- operational costs but also meet criteria in
of packaging for global retail chains, has a ment (PPA). Germany’s Ecoligo Investment green production. According to a repre-
factory at the Vinh Loc 2 Industrial Park Fund is the main investor, while the Vu sentative from Kim Duc, some of its Euro-
in Ben Luc district in the Mekong Delta’s Phong Energy Group provides engineering, pean partners have recently insisted that
Long An province. The company is also a procurement, and construction (EPC) serv- its manufacture of goods use clean energy,
member of the British Retail Consortium ices and operations and maintenance. The and the use of this solar power in produc-
(BRC), which actively implements inter- solar-generated electricity is sold to the tion allows the company to easily meet
national standards and follows corporate Kim Duc factory to power its production. such requirements.

20 Vietnam Economic Times May 15, 2024 en.vneconomy.vn