KSTAR expands into PV market of Vietnam

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To promote renewable energy and help use cost-effective electricity in Vietnam, KSTAR provides smart PV solutions for homes and businesses.

KSTAR inverter KSG-5K-DM is launched recently for the Vietnamese market to meet the requirements of the residents in Bien Hoa City, Dong Nai Province, Vietnam. For the PV installations, this provides a special 2MPPT solution, which is a reactive power controller, digital controller, P65 protection, and smaller and lighter. The residential PV project is a new step into the new energy market in Vietnam but will continue to expand in the near future. 

Vietnam is a 2019’s surprise gigawatt market, whose solar growth is very impressive into the next decade, like high solar irradiation levels and strong policy support. The government is targeting 12 GW of solar capacity by 2030 and is offering incentives to attract foreign investors. Such policy support will make Vietnam an attractive prospect, according to pv magazine reports.

Vietnam is an important market for KSTAR. To make solar power more accessible, KSTAR has announced the formation of a wholly owned sub-subsidiary, Kstar (Vietnam) Co., Ltd, in Anyang County, Haiphong City, Vietnam through its wholly-owned subsidiary, Kstar (Hong Kong) Co., Ltd. with a registered capital of 5 million US dollars on 24th August,2019. KSTAR (Vietnam) Co., Ltd will devote to the R&D, production, sales, and technical support of data center and solar inverters. The company will occupy 47,715.34 square meters of land. 

With the KSTAR team’s strong support in Vietnam, the customers and the system owners will have more opportunities to achieve their low carbon ambitions through the installation and commissioning of PV projects. We aim to maintain better relationships with old customers and new customers, nurturing those, and creating new ones to increase market share. In addition to offering a favorable PV solution, KSTAR hopes to accelerate rural electrification, as economic progress often depends on the availability of electricity.

“To meet the different local clients demand by providing them with better service in Vietnam, KSTAR has introduced comprehensive turnkey MV solutions. With Max. PV voltage up to 1500V, KSTAR, is ideally suited to coping with the electricity demand of large-scale centralized PV power plants, which maximizes your system self-consumption and save your electricity bills. The turnkey MV solutions combine LVRT/HVRT/FRT function and modular design for easy maintenance, including Max. efficiency up to 99% and full power output under 50℃, which greatly demonstrates its maturity and meets the world-class standards.” Says the technical manager of KSTAR.