Sungrow and SEV Strengthen Collaboration in Vietnamese Solar Market with a New 50 MW Contract

PVTIME – Sungrow, the global leading inverter solution supplier for renewables, signed a new sales contract of 50 MW with Solar Electric Vietnam Joint Stock Company (SEV). This contract strengthens the collaboration between the two companies as it upgrades SEV to be Sungrow’s long-term strategic partner in Vietnam.

Sungrow has continuously supplied inverters for SEV, who recently completed the Rooftop Project for the Toyota Boshoku Group in February, 2022 by using Sungrow’s string inverter SG110CX. As a result of the strengthened collaboration, Sungrow will not only act as an inverter solution supplier, but will collaborate with SEV in developing more solar projects and finding new opportunities to better serve local customers. Vietnam will see more reliable renewable energy projects locally guaranteed by SEV’s global-standard EPC and Sungrow’s premium quality inverters. The 50MW agreement is a good starting point for this long-term strategic partnership.

Tien Luu, CEO of SEV Vietnam said, “SEV has been committed to join hands with the Vietnamese government and business community to achieve net zero by 2050 through implementing many solar rooftop projects for multi-national corporations. I am happy that SEV has received the support from global leading players in renewable energy such as Sungrow as this support aids in achieving these goals.”

“Sungrow sees Vietnam as a significant market to develop. As a result, we have been seeking partnerships with locally renowned players. Our collaboration with SEV is a milestone, and we hope to provide our high-quality products and services to benefit Vietnam”, said Mr. Michael Ruan, Country Head of Vietnam, Sungrow.