Opening this new year 2021, to pursue its expansion in the country LYS Energy (Vietnam), a fully-owned subsidiary of LYS Energy Group, has marked a new milestone with the commissioning of four new solar PV systems, equivalent to a total of 5.67MWp, atop of local manufacturing companies located in the Long An and Binh Duong Industrial zones.
The cumulated energy generated will significantly reduce the four facilities’ carbon footprint of approximately 7,299 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.
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. In four months time, LYS Energy Vietnam has successfully installed a total capacity of 6.68MWp rooftop solar PV systems and is currently building another 4.62 MWp which are expected to be commissioned in the coming months. The Group will further bolster its 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 50 MWp 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.