448 kWp Rooftop Solar Power System Investment Project under the PPA Model

1. Project Overview

• Project Name: Investment and Installation of Rooftop Solar Power System Under the PPA Model

• Location: AUTOMECH Factory – Dinh Tram Industrial Park – Viet Yen District – Bac Ninh Province, Vietnam

• System Investor: GG Power Group Joint Stock Company

• Electricity Off-taker: AUTOMECH Factory

• System Capacity: 448 kWp

• Implementation Timeline: September 2025

• Investment Model: Power Purchase Agreement (PPA)

2. PPA Collaboration Model

• Under the Power Purchase Agreement (PPA) model, the system investor – GG Power Group – finances the entire cost of investment, installation, operation, and maintenance of the rooftop solar power system.
• The customer – AUTOMECH Factory – only pays for the electricity generated from the solar system at a rate lower than the retail electricity price from EVN.
• The system is installed on the factory’s rooftop, ensuring no disruption to production activities.

3. Project Benefits

For the Customer – AUTOMECH Factory:

• Reduced Electricity Costs: The PPA electricity price is lower than EVN’s grid tariff, helping reduce monthly energy expenses.

• Zero Capital Investment: No upfront cost required; no concerns about operation or maintenance.

• Enhanced Green Corporate Image: Supports ESG goals and helps meet green export standards (EU, US markets).

• Stable Power Supply: Reduces risks related to electricity price fluctuations in the future.

For the Investor – GG Power Group:

• Tapping into C&I Solar Market Potential: Leverages the high-growth commercial and industrial solar segment.

• Contributing to Clean Energy Transition: Aligns with Vietnam’s national goal of renewable energy development.

• Providing Integrated C&I Energy Solutions: Positions GG Power to offer industrial & commercial Battery Energy Storage Systems (BESS) in the next phase of deployment.

4. Technical Specifications