KSTAR expands PV market in Vietnam

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To promote renewable energy and help use the cost-effective electricity in Vietnam, KSTAR provides smart PV solutions for homes and businesses.

KSTAR inverter KSG-5K-DM is launched recently for the Vietnamese market to meet the requirements of the local residential in Bien Hoa City, Dong Nai Province, Vietnam. For the PV installations, this provides a special 2MPPT solution, which is reactive power controller, digital controller, high efficiency and high reliability. The residential PV project is a new step into the new energy market in Vietnam, but will continue to expand in the near future.

Vietnam is 2019’s surprise gigawatt market, whose solar growth is very impressive into the next decade, like high solar irradiation levels and strong policy support. The government is targeting 12 GW of solar capacity by 2030 and is offering incentives to attract foreign investors. Such policy support will make Vietnam an attractive prospect, according to PV-Magazine report.

Vietnam is an important market for KSTAR. To make solar power more accessible, KSTAR has announced the formation of a wholly owned sub-subsidiary, Kstar (Vietnam) Co., Ltd, in Anyang County, Haiphong City, Vietnam through its wholly-owned subsidiary, Kstar (Hong Kong) Co., Ltd. with a registered capital of 5 million US dollars on 24th August,2019. KSTAR (Vietnam) Co., Ltd will devote to the R&D, production, sales and technical support of data center and solar inverters. The company will occupy 47,715.34 square meters of land.

With KSTAR team’s strong support in Vietnam, the customers and the system owners will have more opportunities to achieve their low carbon ambitions through the installation and commissioning of PV projects. We aim to maintain better relationships with old customers and new customers, nurturing those ones and creating new ones to increase market share. In addition to offering a favorable PV solution, KSTAR hopes to accelerate rural electrification, as economic progress often depends on the availability of electricity.

“To meet the different local clients demand by providing them with better service in Vietnam, KSTAR has introduced comprehensive turnkey MV solutions. With Max. PV voltage up to 1500V, KSTAR is ideal suited to coping with the electricity demand of large-scale centralized PV power plants, which maximizes your system self-consumption and save your electricity bills. The turnkey MV solutions combines LVRT/HVRT/FRT function and modular design for easy maintenance , including Max. efficiency up to 99% and full power output under 50℃, which greatly demonstrates its maturity and meets the world-class standards.” Says the technical manager of KSTAR.

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