KIM CUONG PROJECT

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.

Specifications

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.

Description

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

Report

Monthly power output(kwh): 98,000

Monthly revenue(usd): 8,212

Revenue by year (usd): 98,549

Investment analysis

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

The Future of Sustainablity is Here

Interested in the project? Contact us.