SkyX Solar scaling up its operations across Vietnam

During your five years in Vietnam, how has your company shown its commitment to Vietnam’s green business?

SkyX Solar is proud to have reached this five-year milestone in Vietnam. Over the years, with the commitment of our shareholders, EDF-R and VinaCapital, to sustainable energy development, we have steadily grown our presence by delivering over 100MWp of rooftop solar to industrial clients in Vietnam.

Samresh Kumar, chairman and CEO of SkyX Solar

Our success comes from blending international expertise and local experience. Drawing from our shareholder EDF-R’s international standards, our projects consistently meet high safety and quality benchmarks. With VinaCapital’s strong local presence, we have provided renewable energy solutions that help businesses reduce their carbon footprint and contribute to Vietnam’s green future.

From the outset, SkyX Solar’s mission has been to transform Vietnam’s idle rooftops into sources of clean power using top-tier technology and engineering. We have been proactive in promoting green energy solutions, particularly rooftop solar, to support the nation’s goal of reducing greenhouse gas emissions.

Vietnam’s net-zero target is crucial as it drives manufacturing growth and attracts more foreign investment. We are proud to be part of these efforts and will continue to support Vietnam’s sustainability goals.

What are your next steps in Vietnam, and what are SkyX Solar’s competitive advantages?

Our next steps involve scaling our operations across the country while diversifying our services to offer integrated energy solutions. We aim to expand our portfolio with more rooftop solar installations, targeting industrial zones and large foreign-led companies.

We are also exploring new technologies like battery energy storage systems to provide clients with reliable, sustainable clean energy solutions, in line with government directives. Additionally, we are seeking strategic partnerships to further strengthen our presence and contribute to Vietnam’s green economy. SkyX Solar, along with our shareholders, remains committed to helping businesses achieve their net-zero goals.

Our competitive advantage lies in our in-depth understanding of both the global solar industry and the Vietnamese market. We offer a unique combination of international expertise and local insight, allowing us to tailor solutions to meet our clients’ needs.

For international clients, we adhere to stringent demands and health, safety, and environmental standards while ensuring timely project delivery. At the same time, our local team’s experience ensures operational efficiency and a rapid response. This blend of global and local expertise gives us confidence in achieving our ambitious goals.

With the backing of our shareholders, we are well-positioned to innovate and execute large-scale projects effectively.

How do you see Vietnam’s energy sector, especially solar rooftop projects, evolving in the next 12 months?

We anticipate significant growth in Vietnam’s energy sector, particularly in the solar rooftop segment, in the coming year.

The government’s focus on renewable energy and sustainability will be a key driver for the adoption of clean energy among industrial and commercial clients. Additionally, advancements in technologies like battery storage systems and lightweight solar panels will enhance the efficiency and reliability of solar power systems.

At SkyX Solar, we are committed to staying at the forefront of these technological and regulatory developments. We believe we are well-positioned to lead this transformation in Vietnam’s energy landscape.

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