In recent years, solar power has been strongly developed in Vietnam and if you are looking to invest in a solar power system to significantly reduce your electricity bill and convert into green production, this is the video for you! In this video, GreenYellow Vietnam will share the definition of solar power (What is solar power?); The structure of a solar power system and An overview of the solar power market in Vietnam.

What is solar power?

Solar power is a source of electricity generated based on the application of technology, its main materials are the radiation and the heat of sunlight.

What is a solar power system?

And the solar power system is a system that consists of photovoltaic panels along with a number of other components that work on the photoelectric effect of converting sunlight into electricity.

The structure of a solar power system

The structure of a solar power system consists of the following components:

1. Photovoltaic panels
2. The grid inverter, also known as inverter
3. DC/AC power supply
4. Brackets and specialized accessories
5. Power metering system and remote monitoring

Overview of the solar power market in Vietnam

Recently, renewable energy in Vietnam has seen massive solar outputs of electricity and energy, there were approximately 16,500 MWp produced in Vietnam in 2020, and according to statistics from a report by the international renewable energy agency, IRENA, with the highest solar panel capacity as of 2020, Vietnam is in a strong position to become a world leader in renewable energy development and other renewable energy solutions. For further information regarding the solar power market in Vietnam, please watch our video above.