RONGSTAR Energy shines at Solar&Storage Live Vietnam

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RONGSTAR Energy shines at Solar&Storage Live Vietnam

Jul 13, 2024

On July 10-11 local time, Solar&Storage Live Vietnam 2024 was grandly held in Ho Chi Minh City. This exhibition is one of the most influential and largest solar energy exhibitions in Vietnam. As a global photovoltaic distributor, RONGSTAR show advanced products, and the latest market insights. RONGSTAR show products from cooperative brands such as LONGI, TWSOLAR, JASOLAR, DYNESS, and SOLIS, attracting great attention from international customers.

RONGSTAR has always attached great importance to the in-depth development and localization construction of the entire Southeast Asian market, including Vietnam, and has gained market recognition through high-quality localization services. This exhibition is an important step for RONGSTAR to accelerate its layout in the Southeast Asian market. In the future, RONGSTAR will also strengthen its own advantages, import more products suitable for the Southeast Asian market, and jointly promote the sustained and high-quality development of the photovoltaic industry.

By the end of 2023, the total installed capacity of solar energy in Vietnam has reached approximately 19400 megawatts, accounting for 25% of the total installed capacity. Among these 19400 megawatts, nearly 9300 megawatts are rooftop solar power generation, accounting for 48%. It is expected that by the end of this year, the solar energy market in Vietnam will reach 18.4 gigawatts (GW), and will reach 20.4 GW in five years, with a compound annual growth rate of over 2.1% during the forecast period. This significant growth is mainly attributed to the government's supportive policies, attractive preferential electricity prices (FIT), and Vietnam's abundant solar energy resources