The results of voting “TOP prestigious power equipment brands in Vietnam 2020”

On July 21, 2021, the Scientific Council of Vietnam Energy Magazine officially announced the results of voting “Top prestigious power equipment brands in Vietnam”. The Top are electrical equipment brands with prestige trusted by the customers, recognized by the market, practically appraised and evaluated by the experts in quality and in supply and maintenance, guarantee activities.

“The first international forum on finance and technology for clean energy projects in Vietnam 2021 and voting “TOP prestigious electrical equipment brands in Vietnam 2020” was planned to be held in early May 2021 in Ho Chi Minh City, however, due to the Covid-19 pandemic outbreak, this event could not happen.

However According to the forecast of the Ministry of Health, the pandemic is still developing very complicatedly in Vietnam, especially in Ho Chi Minh City. Therefore, to ensure topicality, the Scientific Council of Vietnam Energy Magazine announces “TOP prestigious electrical equipment brands in Vietnam 2020”.

This is an occasion to honor, recognize and encourage enterprises that have provided high-tech electrical equipment and contributed to increasing investment efficiency and ensuring the safe and reliable operation of the power system under conditions of integrating the renewable energy projects at a high rate.

According to the general assessment of Vietnam Energy Magazine Council: “During the process of voting the TOP brands, the Organizing Committee received many documents from domestic and international enterprises as designers, manufacturers, manufacturers and commercial suppliers of the electrical equipment. The documents represent the strong position of enterprises under the following criteria: (i) the equipment supply market size and turnover of the enterprise in Vietnam in two recent years, (ii) efficiency and state-of-the-art and environmentally friendly characteristics of equipment, (iii) customer support activities, (iv) appreciations of the experts and customers, (v) the new development plans of the enterprise and (vi) the scientific property of the application.

With reviewing and evaluating to vote and basing on the scoreboard of the Scientific Council, it is commented that the number of enterprises participating and meeting the voting criteria is still small. However, the organizing board would like to hope that enterprises in Vietnam’s energy industry (domestic and foreign) will continue to make efforts and strive more in investment activities, technological innovation, production management and long-term business planning in Vietnam … to enhance the position, build the brand of the enterprise and will register for voting in 2022 and the following years”.

Below is the list of “TOP prestigious electrical equipment brands in Vietnam 2020” for PV Modules, Inverters and power grid equipment and commercial investment in energy equipment:

I. Module PV Category:

1. JinkoSolar Holdings Co., Ltd (JinkoSolar):

JinkoSolar (NYSE: JKS) is the largest and most advanced solar panel manufacturer in the world. JinkoSolar distributes solar energy products and sells its solutions and services to a wide range of utility, commercial, and household customers in China, the United States, Japan, Germany, the United Kingdom, and the United States. United Kingdom, Chile, South Africa, India, Vietnam, Mexico, Brazil, United Arab Emirates, Italy, Spain, France, Belgium and other countries and regions worldwide.

With more than 20,000 employees in 9 production factories, 21 subsidiaries and technical service centers globally, JinkoSolar has built a vertically integrated photovoltaic product value chain, with an integrated annual capacity is 20 GW for mono wafer, 11 GW for photovoltaic cells and 25 GW for solar panels, as of September 30, 2020.

2. Vietnam Sunergy Joint Stock Company (VSUN)

Vietnam Sunergy Joint Stock Company is a photovoltaic (PV) enterprise recognized worldwide and engaged in the R & D, production, marketing, service, and terminal utilization of solar modules. VSUN owns a production capacity of 2.6GW throughout the world, together with Japanese quality management system, and the state-of-the-art automatic production lines in the manufacturing base. As a solar PV solution provides headquartered in Vietnam, VSUN enjoys preferential policies in tax and borrowing rates as a high-tech enterprise and, with prudent financial performance and outstanding financial capacity, VSUN is highly favored by local financial institutions and ranks in the bankability list of multiple banks in Vietnam. VSUN innovates the cooperation mode and further deepens the ‘PV + finance’ cooperation and thus wins the award of ‘Best International Payment Business’ by VIETCOMBANK and emerges in the bankability list as stated in the PV project investment and financial announcements released by MB, TP, and VP banks, all authoritative financial institutions of Vietnam.

3. Trina Solar Co., Ltd (Trina Solar)

As a global leading provider for PV module and smart energy solution, Trina Solar delivers PV products, applications and services to promote global sustainable development. Through constant innovation, Trina Solar continues to push the PV industry forward by creating greater grid parity of PV power and popularizing renewable energy. Trina Solar’s mission is to boost global renewable energy development around the world for the benefit of all of humanity.

4. Jetion Solar Co., Ltd (Jetion Solar)

As a world renowned PV manufacturer, Jetion Solar specializes in research, development, production and sales of high efficiency solar cells and modules. Since its foundation in 2004, Jetion Solar has accomplished significant achievements which outpaced most of the main competitors in terms of production capacity and in the number of innovations. Jetion Solar upholds its belief that innovation is the key driver behind advancement by pursuing new technologies and higher efficiencies.

II – Inverter Category:

1. Shenzhen Growatt New Energy Co., Ltd (Growatt Inverter):

Growatt is a global leader of smart energy solutions and provides residential, commercial and large scale PV inverters, energy storage, microgrid systems and smart energy management solutions. Growatt ranks among global top 10 PV inverter suppliers according to IHS Markit and Wood Mackenzie. Founded in 2010, Growatt has established an extensive network with 14 branches worldwide. By the end of 2020, Growatt had shipped over 2.6 million inverters to more than 100 countries around the world.

In 2020, Growatt established Service Center in Ho Chi Minh city to support customers in Vietnamese market.

2. Ginlong Technology Corporation (Solis Inverter):

Established in 2005, Ginlong Technologies(Stock Code: 300763.SZ) is one of most experienced and largest manufacturers of solar inverters.

Ginlong’s cost-effective solutions for residential, commercial, and utility-scale users deliver value at every level of the solar supply chain, engaging both homeowners and businesses, as well as power producers and renewable energy investors across the globe.

Presented under the Solis brand, the company’s solar inverter product line uses innovative string technology to deliver first-class reliability, validated under the most stringent international certifications.

Combining a global supply chain with world-class R&D and manufacturing capabilities, Ginlong optimizes its Solis inverters for each regional market, servicing and supporting its customers with its team of local experts.

Proven bankability has attracted support from world leading financial institutions, ensuring solid long-term returns on investment. Working with stakeholders to accelerate the worlds journey towards a more sustainable future.

3. Jiangsu GoodWee Power Supply Technologuy Co., Ltd (GoodWe inverter):

Founded in 2010, GoodWe (Stock Code: 688390) is the world’s leading manufacturer of solar inverter and energy storage solutions.

GoodWe has installed up to 23 GW of solar inverters in more than 100 countries and regions in the world. GoodWe inverters are used in residential, C&I and utility projects with power ranges from 0.7 kW to 250 kW.

GoodWe is recognized as the world’s number 1 storage inverter manufacturer by Wood Mackenzie and has received many other prestigious awards and certifications from TUV Rheinland, EuPD Research, IHS markit…

Participating in the Vietnamese market since 2017, GoodWe has built a team of experienced personnel, a warranty center and a product warehouse to meet all customer needs for presale, sale and after-sale services.

In addition, with an experienced research and development team and an integrated sales service system, GoodWe is committed to providing customers with high quality products and services.

III – Items of investment, production of electrical grid equipment and energy equipment commercial field:

1. Gelex Electric Equipment Joint Stock Company (Gelex):

Vietnam Electrical Equipment Joint Stock Corporation (GELEX) was established on July 10, 1990, on the basis of concentrating production, sales, service and electrical engineering research units. With over 30 years of development, now GELEX orients sustainable development on two pillar fields as Industrial production and infrastructure.

In particular, a number of member companies of GELEX were awarded the Certificate of “TOP prestigious electrical equipment brand in Vietnam 2020” by the Organizing Committee as follows:

  • Vietnam Electric Cable Corporation (CADIVI)
  • Electrical Equipment Joint Stock Company (THIBIDI)
  • Electrical Measuring Instrument Joint Stock Company (EMIC)
  • Công ty Cổ phần Chế tạo điện cơ Hà Nội (HEM)

2. Alena Energy Technology Company Limited (Alena Energy):

Founded in 2014, Alena Energy operates in the field of clean energy, leading in researching and providing solutions green energy using. Saving energy to create green values for society and towards sustainable development.

Including practical solutions, contributing to the construction and development of the renewable energy industry, such as inverter products, power storage systems for small businesses and industry.

Besides, Alena is also known as a strategic distribution partner of the world’s top energy brands such as Hitachi (Japan), First Solar (USA), Solar Edge, Sinexcel, Growatt, HT SAAE, Huayu, Longi..

In recent years, Alena has increased investment in solar power projects with a large capacity to maximize solar energy efficiency and provide clean energy sources for the industry -agriculture.

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