LYS Energy (Vietnam), a fully-owned subsidiary of LYS Energy Group, has inaugurated a 997.04kWp solar PV system atop a renowned local manufacturing company in the Quang Ngai Industrial zone.
The energy generated will be used entirely within the manufacturing facility to nearly achieve self-sufficiency during the daytime to significantly reduce its carbon footprint of approximately 1,247 tons-CO2/year.
LYS Energy Group is pleased to have new like-minded partners on board with us on this journey of integrating sustainability in the long run. Together with them, we hope to demonstrate positive and cumulative returns while embracing the interests of our environment and the communities said Mr. Koldo Gutierrez, Head of Project Management of LYS Energy Group.
The Group has been operating in Vietnam since 2016 with the commissioning of its first solar PV system turnkey installation in Ho Chi Minh City on the roof of an F&B industrial client’s facility. LYS Energy Vietnam will further bolster the Group’s local presence and is currently developing 50 MWp of solar rooftop projects across the country. Since its first project in 2016, the company has been resolute in its willingness to support Vietnam’s sustainability ambitions to driving a greater reliance on cleaner energy. LYS Energy Group has demonstrated its robust capability to successfully develop its expansion in the country through its strong understanding of local regulations and stakeholders of the industry, and also its agility to tailoring and implementing holistic and innovative clean energy solutions for its customers.
LYS Energy Group has deployed more than 50MWp of high-performance solar photovoltaic (PV) systems, with a pipeline of more than 500MWp in Singapore and across the South East Asian region. It is one of the fastest-growing clean energy producers and end-to-end solutions providers, with a five-star portfolio of commercial and industrial projects and customers across diversified and multiple industries. These comprise energy-intensive industries such as aerospace, electronics, food and beverage, logistics, manufacturing, pharmaceutical, and real estate.