LYS Series | Solar energy to power world-renowned Vietnamese footwear manufacturing
Overview | The Solar Energy Project
In December 2020, LYS Energy Group (LYS) completed the solar photovoltaic (PV) system atop the facility of the leading organization in the footwear manufacturing industry located in Long An province in Vietnam. The solar PV system installations encompass five metal roofs – 363.26kWp, 729.39kWp, 1,007.78kWp, 231.65, and 626.48kWp – forming a total size of 2,958.56kWp.
Together with LYS Energy Group, the reputable manufacturer has agreed on a Power Purchase Agreement (PPA) whereby LYS will provide an all-inclusive solution that includes financing, design, installation, operation, and maintenance of the rooftop solar PV system for 20 years. The solar power plant will generate 75.68GWh of total energy guaranteed.
LYS Energy has selected Talesun Bistar TP6F72M 410Wp PV module made of 144 half-cut Mono-PERC cells with 9 busbars. PV module innovations reduce PV module's series resistance losses, provide better shading tolerance, and increase reliability which enhances power generation.
The Group always selects top-notch components combined with high quality of service to provide our customers with the best solar energy experience.
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Figure & Facts | Key Benefits
Since its commissioning, the PV system has generated 4.14MWh of electricity, offset approximatively 179 tons of CO2, and has been performing at an average high-performance ratio of 78%1.
By purchasing electricity to LYS at a price based on a fixed discount of its grid electricity tariff, along with the energy savings guaranteed, the solar energy project will enable the Client to offset 3,579 tons of CO2 over its 20-year contract duration.
With no upfront investment required and without expending any resources, our clients can benefit from installing solar power plants on their unused rooftops and site spaces:
- Lower and more predictable utility costs thanks to guaranteed energy savings,
- Optimization of operational costs without investment nor additional resources,
- Reliable and cleaner source of energy,
- While strengthening sustainability branding by offsetting CO2
Through a set of newly developed innovative solutions, future adopters have flexibility in the way they would consume green and clean electricity. Our Group’s holistic approach to sustainability has granted us the praise of our clients, who are appreciative of the relentless support of our teams and of the innovative solutions our experts tailored for them.
Our client’s vision and shared values in transforming the world reliably and responsibly, have brought them to partner with LYS Energy Group. We are delighted to be their trusted partner and to contribute to our client’s transition towards clean energy.
About LYS Energy Group
As Asia’s trusted renewable energy partner, the Group offers hassle-free end-to-end clean energy solutions for businesses from zero-Capex solar energy (PPA), Renewable Energy Certificates (RECs), turnkey Engineering Procurement Construction (EPC), and Operations & Maintenance (O&M) services, to carbon emissions and energy management consulting.
LYS Energy Group rejoices on boards with new like-minded partners, dedicating themselves to integrate sustainability in their business practices. Whether you are a sustainability professional and practitioner, consultant, or manager from Procurement, Operations, Facilities, Quality, Logistics considering developing an adequate low-carbon strategy across your organization’s value chain.
Seek a free consultation with our experts for your clean energy projects here.
1High-efficiency PV plants operate at a performance ratio of 75% and above.