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Vietnam

 Vietnam’s Solar Market Outlook

Vietnam, a developing country in Southeastern Asia, has seen a dramatic increase in energy demand in the last five years.  This rise in demand has subsequently fuelled the growth of the solar sector in the swiftly developing Asian country.  According to recent International Renewable Energy Agency (IRENA) statistics, Vietnam is among the top ten leading countries in solar utilization. This is pretty awesome for a developing nation, don’t you agree?

Statistics released in late 2020 reveal that Vietnam’s solar capacity stood at over 7.4 Gigawatts. This is positively surprising considering that the country’s solar capacity was only 4 megawatts in 2015.  The figure below will help paint a clear picture of Vietnam’s exponential growth in matters concerning solar energy;

Solar equipment supply capacity in Vietnam

From a solar products production and supply perspective, Vietnam has immense growth potential.  As part of an ambitious solar sector growth plan, the government of Vietnam has implemented flexible investment policies. These policies are primarily responsible for the rise in domestic and foreign producers and distributors dealing with different solar product categories.

It is also worth mentioning that Vietnam’s incredible port and logistical infrastructure have further strengthened its positive solar sector outlook. As stated by the World Economic Forum, Vietnam ranks at position 80 on the quality of port infrastructure. Do you intend to sell or buy solar products from the Vietnamese market? If the answer is yes, you can rest assured that you can safely transport any product to or from Vietnam.

I can confidently conclude that there are immense opportunities for individuals who intend to buy or supply different solar products in Vietnam.

Whether you are a solar installer or EPC, the SolarFeeds family is eager to help push your Agenda in the Vietnamese solar market. Please feel free to talk to us concerning your desires and how we can help you achieve them. Don’t run around requesting for quotes. Let quotes come to you, POST AN INQUIRY

Lithium Ferro Phosphate Battery used for below projects in Vietnam

No Projects Found

Lithium Ferro Phosphate Battery

What is a Lithium Ferro Phosphate Battery?

 

Lithium Ferro Phosphate Battery is also known as the Lithium Iron Phosphate Battery. There are two electrodes made of Graphite and Lithium Iron Phosphate

Lithium-ion batteries have a discharge voltage of 2.5 Volts. The maximum output charge per cell is 3.65 Volts.

Lithium-ion batteries are widely used in electric vehicles and are the alternative to fossil fuels. 

 

Applications of Lithium Ferro Phosphate Battery?

 

Lithium reserves are present in abundance in various parts of the world. Lithium Ferro Phosphate batteries are environmentally friendly and help to reduce the carbon footprint of the population. From Solar power storage to EVs, the Lithium Ferro battery market is expanding rapidly.

Solar Power: Power generated from the PV cells gets stored in the LiFePO4 cells with higher electrical potential. Cells are directly connected to the battery to use with the LEDs.

Electric Vehicles: One of the latest and big applications of Lithium-ion batteries is electric vehicles. Car manufacturers use LiFePO4 to increase safety and reduce weight per kW.

Domestic Energy needs: Lithium Ferro Phosphate batteries get used in home solar power storage. These batteries are highly safe and with low discharge rate.

 

Advantages of Lithium Ferro Phosphate Battery?

 

  • Apart from being environment-friendly, Lithium Ferro Phosphate batteries have a long life.
  • Elements like Lithium are present in large quantities on the earth. Therefore supply for production is not a problem.
  • The cost of these batteries is lower than other types of batteries.
  • Because of their chemical stability, LiFePO4 batteries are safer than other batteries.
  • Nominal voltage is nearly the same as lead-acid batteries. That makes them compatible with many gadgets and power systems.

 

How does a Lithium Ferro Phosphate Battery work?

Batteries produce current by the movement of free electrons in the circuit. The chemical process inside the battery triggers when positively charged lithium ions move from the positive side to the negative side through the electrolytic solution. The movement of electrons starts in the circuit, and the current flows in the opposite direction of the electrons.

 

What are some top brands of Lithium Ferro Phosphate Battery?

Below are the top manufacturers of Lithium Ferro Phosphate Batteries in the USA.

  • Grepow Inc.
  • Lithion Battery Inc.
  • Power-Sonic Corporation
  • Digi-Key

 

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