With solar energy steadily becoming the most economically viable renewable energy technology, today's entrepreneurs are not simply profiting from the products they produce, but gaining extra benefits from solar as well.
In Vietnam, the SLC Toan Cau company invested 18 billion VND to build the 1 MW solar system powered by 12 Growatt MAX 80KTL3-X LV inverters. The PV plant generates approximately 1,423,735 kWh of sustainable energy per year, all of which is sold to the EVN grid at a price of VND1,900/kWh, equivalent to earning 2.7 billion VND for the owner annually. The payback period for this plant is estimated to be no more than 6 years.
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