Kim Cuong Project is a solar power project with a capacity of 999 kWp, constructed and installed in Ben Luc district, Long An province; which is considered an ideal place for industrial urban development, accelerated infrastructure investment to become a satellite city of Ho Chi Minh City. The project rented the rooftop of TVP Steel Joint Stock Company – one of the leading companies in the field of manufacturing and trading steel products with a total rooftop area of 6796.87 m2.
After being put into operation safely and stably with high efficiency, the project will create a clean power source, optimize revenue for investors up to 100,000 USD per year. As a result, it not only contributes to reducing the average electricity cost of the region, but also helps to reduce CO2 emissions, protects the environment.
Address: 400 QL1A, Ben Luc District, Long An province
Location (according to google): https://goo.gl/maps/h7Kr3KG1b9XfHumD7
Solar radiation intensity (kwh/m2/day): 5.4
Capacity (kwp): 999
Electricity selling price (cents): 8.38
Customers buy electricity: EVN
Rooftop rental company: TVP Steel Joint Stock Company
Rooftop area(m2): 6796.87
Rental unit price (usd/year): 1.8
Solar panel: Canadian
Inverter: SMC
Project value (usd): 800,000
Time of operation (COD) day month year: 01/03/2020
Project life cycle (years): 20
Monthly power output(kwh): 98,000
Monthly revenue(usd): 8,212
Revenue by year (usd): 98,549
Average monthly revenue (USD): 8,212
operating cost 10% (usd): 821
roof rental cost (usd): 1,020
Depreciation per month for 20 years (usd): 3,333
Profit (USD):3,038
