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ANTEC Solar Accompanies Businesses on the Journey to Green Growth

In the context of globalized supply chains and increasing pressure to reduce emissions, the transition to renewable energy has become an irreversible trend, especially for export-oriented enterprises. In Vietnam, ANTEC Solar is emerging as a pioneering force, supporting businesses in greening their production operations through efficient and sustainable rooftop solar solutions.

1. Enabling Policies Pave the Way for Clean Energy Investment

The issuance of new legal frameworks, such as Decree 135/2024/NĐ-CP (on rooftop solar power) and Decree 80/2024/NĐ-CP (on Direct Power Purchase Agreements – DPPA), marks a major milestone in establishing a comprehensive legal basis for enterprises to deploy and operate on-site solar power systems.

In particular, the DPPA mechanism, set to be officially implemented in 2025, will allow businesses to sign direct power purchase contracts with solar power plants without going through Vietnam Electricity (EVN). This opens up opportunities to reduce energy costs, gain control over energy supply, and meet new export standards such as the EU's Carbon Border Adjustment Mechanism (CBAM).

2. ANTEC Solar – A Comprehensive Energy Solution for Businesses

As one of Vietnam’s pioneering solar energy companies, ANTEC Solar offers a turnkey model of collaboration: “Invest – Operate – Maintain” over a term of 15 to 25 years.

With this model, businesses are not required to make any upfront investment. ANTEC handles everything from site surveys, system design, and installation to ongoing maintenance. Companies simply use solar electricity at a lower cost than grid power, cutting operating expenses without taking on technical or financial risks.

Notably, ANTEC recently secured a USD 20 million investment from Swiss impact investment firm responsAbility, bringing its total raised capital to USD 32 million. This investment not only strengthens ANTEC’s financial capacity but also affirms the confidence of international financial institutions in its long-term vision for the Vietnamese market.

3. Partnering with Major Enterprises – Delivering Tangible Impact

ANTEC is currently rolling out large-scale rooftop solar projects with both domestic and international partners, including Foxconn, with a 31.5 MWp rooftop solar system across Bac Giang and Bac Ninh; LG Innotek (Hai Phong), providing renewable energy solutions for an electronic component manufacturing facility; AEON Mall Hue, operating a commercial solar power system serving the retail complex; and projects in Southern Industrial Zones in key clusters across Binh Duong, Long An, and Dong Nai.

These projects not only help reduce electricity costs by 10 to 30 percent, but also support businesses in meeting sustainable development goals (SDGs), lowering CO₂ emissions, and enhancing brand reputation.

4. Comprehensive Benefits for Enterprises

Lower operating costs as solar electricity prices are stable and cheaper than grid power in the long term. Emission reduction aligns with ESG, ISO 14001, and CBAM standards. No upfront investment minimizes financial risks. Energy autonomy reduces the risk of outages or peak-hour price surges. Stronger brand value makes it easier to attract investors and global partners.