Market growth

Huynh Kim Deprivation, director of the Center City energy saving, said Vietnam is considered the country with great potential for solar energy, the estimated potential of about 43.9 billion TOE theory, especially in the Central and southern regions of the country. This is the area with more sunshine hours and intensity of solar radiation is high.

Therefore, the policy of the Government strives to increase the proportion of renewable energy sources and renewable up about 8% of the total primary commercial energy in 2020 and 11% in 2050. To concretize this objective, localities, including the City actively coordinate with businesses to subsidize the use of up to 1 million each.

Thus, in recent years the market for hot water, solar energy growth with suppliers. Figures Ministry of Industry and Trade said in 2011, there were over 30 installations industrial scale with approximately 42,000 machines per year are sold into the market, the average growth of 20% / year. Particularly in the city each year, about 30,000 to 40,000 machines installed, every second house is new construction with the installation of solar one.

To increase the rate of localization, 2009, JSC Energy Akataiyo assembly plant is the first solar cell in Vietnam was inaugurated and put into production with the investment company's New Era and energy Conservation Center City.

Besides, the country has around 90 companies specialized in manufacturing and trading of solar water heater products, which focuses on the water heater. Some design products have been exported to neighboring markets such as Laos, Cambodia, Myanmar ...

Priority technologies

Although the number of machines sold increased, conscious people take advantage of renewable energy sources to be improved, however, solar energy market in Vietnam still leave many worries. Easily find the product design of Vietnam produce simpler, scale industrial production did not have much, make it difficult to compete with imported products.

Besides, the majority of business is manufacturing of solar water just at the stage of assembly. For example, vacuum tube technology (which makes up 70% of the market) is to be imported from China, but also to flat plate solar imports from Taiwan, Malaysia ...