On June 3, 2019, Versolsolar Hangzhou Co., Ltd. ushered in the 10th year of enterprise development, with the cumulative global project installed capacity of the enterprise during the same period exceeding 10GW. Meanwhile, valance is also doing well in a category of markets, with installed capacity of 1,700MW in the U.S. and 350MW in Japan. As we approach the 2019 Shanghai SNEC Photovoltaic exhibition, another success has been achieved in emerging market Vietnam, where Versol's installed capacity exceeds 200MW in 2019, occupying more than 10% of the market occupancy. and the 200 MW installation references are distributed in four project locations: Longan, Panlang, Fanlin and Wenjiao in Vietnam, all of which are EPC of Power Construction Corporation of China . All four have been installed and combined to the grid by the end of June 2019.
Versol's chairman Louis Zhu commented: " Versol in the past ten years has accumulated rich experience of success in a photovoltaic market, American market and Japan market for tracking and ground mounting system standards ever bring us a huge challenge, but the experience of conquering these two markets also gives us confidence in the journey of the rest of the world.This time we won four projects with a total installed capacity of over 200 MW in Vietnam. After completion, these four projects will effectively alleviate the contradiction of regional power supply and meet the power demand.This is a major breakthrough in the PV market of Vietnam and an important footnote in the construction of the country's One Belt And One Road.