New US corporate client to buy Boviet Solar’s solar panels

New US corporate client to buy Boviet Solar’s solar panels

By Tuong Thuy

Tue, September 27, 2022 | 11:34 am GTM+7

U.S. renewable energy developer Vesper Energy has signed a deal to buy 861-megawatt solar modules from Vietnam-headquartered manufacturer Boviet Solar.

The imports will be used for Vesper’s solar and storage projects located in Texas and Ohio, the Texas-based company said Tuesday but did not disclose the price.

“The partnership between Vesper Energy and Boviet Solar will allow us to enhance the local communities where we work. It is aligned with our goal to create a carbon-free energy future. Vesper Energy is confident in Boviet Solar as a major photovoltaic module supplier,” Vesper Energy president and CEO Craig Carson said in a release.

Boviet Solar general manager Jimmy Xie said the deal is “another significant milestone for Boviet Solar’s achievements in the U.S. market”, where it sees demand for solar energy continue to increase.

Founded in 2015, Vesper Energy is a major developer, owner, and operator of utility-scale renewable energy assets throughout the U.S. The company says it has a development pipeline of 35 projects representing over 12 gigawatts of renewable energy and energy storage projects to date, with two projects currently under construction.

Earlier this month, Miami-headquartered solar energy developer Origis Energy said it signed an additional purchase order for more than 400 MW of capacity with Boviet Solar, following a 700 megawatts agreement the duo signed this July. Delivery of all PV modules ordered is slated for 2023.

Established in 2013 in Vietnam, with its global headquarters in Bac Giang province near Hanoi and offices in the U.S. and Germany, Boviet Solar is part of a partnership between Chinese group Boway Alloy and a global Tier 1 solar technology company specializing in making solar cells and modules. Both Boway Alloy and Boviet did not disclose the partner’s name.

This June, U.S. President Joe Biden allowed solar cells and modules to be imported to the U.S. from Cambodia, Malaysia, Thailand, and Vietnam without risk of tariffs for a 24-month period.

https://theinvestor.vn/new-us-corporate-client-to-buy-boviet-solars-solar-panels-d1931.html