The Energy Service Company (ESCO) model is rapidly emerging as a vital strategy for Vietnamese enterprises to achieve green production and sustainable development, especially with volatile energy prices and urgent emission reduction requirements.
The ESCO model allows businesses to overcome the three main barriers to energy-saving investment: capital, technology, and market concerns. The ESCO provider covers all technology investment costs and recovers capital through shared energy savings.
Why Choose SkyX Solar as Your ESCO Partner?
SkyX Solar is a leading developer, demonstrated through its successful partnership with many credit worthy clients to develop more than 100 MWp. Cooperating with SkyX Solar through the ESCO model delivers distinct advantages:
- Zero Upfront Investment: The customer incurs NO initial capital expenditure. SkyX Solar funds the entire project—from surveying and solution design to equipment investment, installation, and operation.
- Immediate Cost Reduction: The company purchases electricity from the newly installed solar system at a price lower than the national utility (EVN)’s price, securing guaranteed cost savings from day one.
- Hassle-Free Implementation: SkyX Solar manages all technical aspects and complex operations, enabling projects to be completed quickly without disrupting the factory’s normal production flow.
- Boosted Competitiveness: By utilizing clean energy, businesses meet the stringent green production and emission reduction requirements of major export markets, significantly enhancing their competitive advantage globally.
