Solis Featured on Ho Chi Minh TV in Vietnam Again; Third Time in Two Days!

Solis, No.3 in global PV inverter shipments in 2021 (Source: IHS Markit now part of S&P Global) attended The Future Energy show and Jackie Tu, Solis Business Development Manager for Solis in Vietnam was interviewed by HO Chi Minh TV.

‘Designed specifically for commercial rooftop applications, Solis (100-125)K inverter series integrates our leading-edge 5G platform with best-in-class electronic components to deliver a maximum efficiency rating of 99.0%,’ says Jackie. ‘This puts Solis 110kW’s performance at the top of its product class.’

Solis, No.3 in global PV inverter shipments in 2021 (Source: IHS Markit now part of S&P Global)

When it comes to one of the fastest growing sectors, Jackie said ‘Energy storage is an ideal solution to help compensate for an unstable power grid as well as protection from ever increasing energy prices. Solis is committed to a global vision built on product-centered engineering, putting customers at the center of our most critical product development decisions to ensure that we play our role in the transition to clean energy by helping make it more efficient, safe, and dependable.’

The annual installed solar PV capacity in Vietnam is expected to reach approximately 759MW in 2022 according to research, of which 656MW will come from C&I segments. The country’s feed-in tariff (FiT) policy triggered the rise of solar PV in Vietnam in 2020，and reached 11GW solar capacity. However, the government plans no addition of solar power due to grid constraints in 2022. The government have announced plans to move towards an auction/bidding system for solar PV projects to solve the current energy issues. As of February 2022, the government is yet to frame a law on a process for bidding on solar PV projects.

As a result, in April this year Vietnam has cut its 2030 power capacity target by 35GW under its new draft Power Master Plan VIII (PMP8). Overall, Vietnam’s short-term solar outlook has been hurt by regulatory uncertainty. The development of the solar energy plus storage market in Vietnam will go some way to offsetting the bleakness of the grid-connected solar market and to relieve pressure on the grid.

About Ginlong Technologies(Solis)

Established in 2005, Ginlong Technologies（Solis）(Stock Code: 300763. SZ) is one of the world’s largest and most experienced solar inverter manufacturers. The company provides cost-effective solutions for homes, businesses, and large-scale power plants delivering value at every level of the solar supply chain and appealing to homeowners and businesses, as well as electricity producers and renewable energy investors globally. Combining a global supply chain with world-class R&D and manufacturing capabilities, Ginlong optimizes Solis inverters for each regional market, serving and supporting its customers with a team of local experts. The company aims to work with stakeholders to accelerate the world's journey towards a more sustainable future. For more information visit www.solisinverters.com.