SKYX SOLAR JOINT STOCK COMPANY | APEA - Asia Pacific Enterprise Awards Asia Pacific Enterprise Awards

FAST ENTERPRISE CATEGORY

SKYX SOLAR JOINT STOCK COMPANY

Information about the Company
SkyX Solar Joint Stock Company (SkyX Solar) is a world-class rooftop solar and distributed energy solutions provider for commercial and industrial (C&I) customers in Vietnam. It is owned by 2 major groups, VinaCapital - a leading investment and real estate management firm headquartered in Vietnam, with a diversified portfolio of USD 4 billion in AUM and EDF Renewables - Europe's largest renewable energy company, currently leading the international market with a total installed capacity of 13.8 GW worldwide and an annualized EBITDA of more than 1 billion USD.

Thus far, SkyX Solar has successfully raised over $100 million for investment in solar power assets and currently operates more than 100 MW of rooftop solar projects across 40 sites in Vietnam. Our clients include renowned names such as Mondelez, An Phat, Nike, New Balance, Tan A Dai Thanh Group, Minh Phu Group...etc., We are at the forefront of revolutionizing the energy landscape, offering clients zero-hassle, zero-capex, and zero-opex energy solutions. Within SkyX Solar’s rooftop solar systems, clients not only save millions of dollars on their electricity bills but also make a significant contribution to reducing their carbon footprint.

Additionally, with a team of experienced professionals in the solar power industry and world-class design with tier 1 equipment provided by international standard companies, SkyX Solar is committed to making the earth green again.

SkyX has also been awarded multiple times as the leading solar power developer in Vietnam.

Vision:
Together, we shape and accelerate the transition towards a sustainable energy development "Being MEGA leader - Make Earth Green Again".

Mission:
Transforming the vast ‘idle’ roofs in Vietnam into clean power, with best-in-class technology, engineering, and client service.

Corporate Culture
At SkyX Solar, the company builds a dynamic environment that encourages employees to constantly seek innovative solutions to challenges to think outside the box, evaluate and take risks, and s in the renewable energy industry. The company places a strong emphasis on encouraging and supporting new ideas from all levels of the organization.

The company also invests significantly in research and development, dedicating resources to explore emerging technologies and green energy solutions, staying ahead of the curve in the rapidly evolving renewable energy landscape.

Moreover, SkyX Solar actively seeks partnerships with industry experts to leverage external knowledge and stay at the forefront of innovation.

Overall, SkyX Solar's fast-paced culture and innovation initiatives empower its team to push boundaries, create cutting-edge solutions, and drive the renewable energy sector forward. With a commitment to excellence and a culture of innovation, the company is well-positioned to make a significant and lasting impact on the future of green energy.

Company Activities
SkyX Solar maintains an unwavering commitment to leading the transition to clean energy. With a robust pipeline of 200MW for the upcoming year, the company demonstrates its ambitious plans to harness the potential of “idle” roofs in Vietnam for generating clean power. Leveraging best-in-class technology, engineering expertise, and exceptional client service, SkyX Solar aims to transform these rooftops into sources of sustainable energy.

While assessing the market potential to be over 20GW, the actual construction in progress currently stands at just 3GW. This indicates a significant untapped potential of 17GW that is projected to grow further. Together with VinaCapital and EDF Renewables, both of which have multiple wind farms under development, we are dedicated to assisting companies in achieving the objectives of 100% renewable energy consumption and a net-zero status. This is achieved by offering a range of solutions, including direct power purchase agreements (DPPAs) whenever regulations permit, battery energy storage systems (BESS), and renewable energy certificates (RECs).
Achievements and Impact
SkyX Solar has achieved significant growth and impact in the Renewable Energy sector. Currently, SkyX Solar has developed more than 100 MWp of rooftop solar systems for many global and local creditworthy clients such as Mondelez, Factories of NIKE, Adidas, New Balance, Uniqlo, Tan A Dai Thanh Group, Minh Phu Group, Huong Sen Group, and more.

Additionally, one of its latest advancements is the implementation of a remote monitoring system and associated Go Green Dashboard, a new monitoring system that promotes and visualizes real-time data of its renewable energy projects at its client's project site. This technology allows for better efficiency and transparency in monitoring and optimizing energy production.

As part of its expansion, SkyX Solar has seen remarkable progress in its team and office locations. Over the past six months from the end of 2023 to May 2023, the company has experienced substantial growth, increasing its workforce from 20 to 40 employees, aiming to reach around 50 employees in the near future. Additionally, SkyX Solar's strategy also includes a strong focus on employee development. It has devised an internal and external training plan with more than 10 courses per year across departments, ensuring its team stays up to date with the latest advancements, policies, and industry trends.

SkyX has also been awarded multiple times as the leading solar power developer in Vietnam from many global prestigious organizations in the solar sector.

Future Direction
Looking ahead, the company’s trajectory indicates the development of over 200 MW of rooftop solar projects in the coming years has been set, positioning itself as a key player in the renewable energy sector and contributing significantly to a sustainable future. To achieve this goal, SkyX Solar has formed JVs (or partnerships) with some of the largest investors and operators of Industrial Parks to develop solar power within its industrial parks..

FAST ENTERPRISE CATEGORY

SKYX SOLAR JOINT STOCK COMPANY

Information about the Company
SkyX Solar Joint Stock Company (SkyX Solar) is a world-class rooftop solar and distributed energy solutions provider for commercial and industrial (C&I) customers in Vietnam. It is owned by 2 major groups, VinaCapital - a leading investment and real estate management firm headquartered in Vietnam, with a diversified portfolio of USD 4 billion in AUM and EDF Renewables - Europe's largest renewable energy company, currently leading the international market with a total installed capacity of 13.8 GW worldwide and an annualized EBITDA of more than 1 billion USD.

Thus far, SkyX Solar has successfully raised over $100 million for investment in solar power assets and currently operates more than 100 MW of rooftop solar projects across 40 sites in Vietnam. Our clients include renowned names such as Mondelez, An Phat, Nike, New Balance, Tan A Dai Thanh Group, Minh Phu Group...etc., We are at the forefront of revolutionizing the energy landscape, offering clients zero-hassle, zero-capex, and zero-opex energy solutions. Within SkyX Solar’s rooftop solar systems, clients not only save millions of dollars on their electricity bills but also make a significant contribution to reducing their carbon footprint.

Additionally, with a team of experienced professionals in the solar power industry and world-class design with tier 1 equipment provided by international standard companies, SkyX Solar is committed to making the earth green again.

SkyX has also been awarded multiple times as the leading solar power developer in Vietnam.

Vision:
Together, we shape and accelerate the transition towards a sustainable energy development "Being MEGA leader - Make Earth Green Again".

Mission:
Transforming the vast ‘idle’ roofs in Vietnam into clean power, with best-in-class technology, engineering, and client service.

Corporate Culture
At SkyX Solar, the company builds a dynamic environment that encourages employees to constantly seek innovative solutions to challenges to think outside the box, evaluate and take risks, and s in the renewable energy industry. The company places a strong emphasis on encouraging and supporting new ideas from all levels of the organization.

The company also invests significantly in research and development, dedicating resources to explore emerging technologies and green energy solutions, staying ahead of the curve in the rapidly evolving renewable energy landscape.

Moreover, SkyX Solar actively seeks partnerships with industry experts to leverage external knowledge and stay at the forefront of innovation.

Overall, SkyX Solar's fast-paced culture and innovation initiatives empower its team to push boundaries, create cutting-edge solutions, and drive the renewable energy sector forward. With a commitment to excellence and a culture of innovation, the company is well-positioned to make a significant and lasting impact on the future of green energy.

Company Activities
SkyX Solar maintains an unwavering commitment to leading the transition to clean energy. With a robust pipeline of 200MW for the upcoming year, the company demonstrates its ambitious plans to harness the potential of “idle” roofs in Vietnam for generating clean power. Leveraging best-in-class technology, engineering expertise, and exceptional client service, SkyX Solar aims to transform these rooftops into sources of sustainable energy.

While assessing the market potential to be over 20GW, the actual construction in progress currently stands at just 3GW. This indicates a significant untapped potential of 17GW that is projected to grow further. Together with VinaCapital and EDF Renewables, both of which have multiple wind farms under development, we are dedicated to assisting companies in achieving the objectives of 100% renewable energy consumption and a net-zero status. This is achieved by offering a range of solutions, including direct power purchase agreements (DPPAs) whenever regulations permit, battery energy storage systems (BESS), and renewable energy certificates (RECs).
Achievements and Impact
SkyX Solar has achieved significant growth and impact in the Renewable Energy sector. Currently, SkyX Solar has developed more than 100 MWp of rooftop solar systems for many global and local creditworthy clients such as Mondelez, Factories of NIKE, Adidas, New Balance, Uniqlo, Tan A Dai Thanh Group, Minh Phu Group, Huong Sen Group, and more.

Additionally, one of its latest advancements is the implementation of a remote monitoring system and associated Go Green Dashboard, a new monitoring system that promotes and visualizes real-time data of its renewable energy projects at its client's project site. This technology allows for better efficiency and transparency in monitoring and optimizing energy production.

As part of its expansion, SkyX Solar has seen remarkable progress in its team and office locations. Over the past six months from the end of 2023 to May 2023, the company has experienced substantial growth, increasing its workforce from 20 to 40 employees, aiming to reach around 50 employees in the near future. Additionally, SkyX Solar's strategy also includes a strong focus on employee development. It has devised an internal and external training plan with more than 10 courses per year across departments, ensuring its team stays up to date with the latest advancements, policies, and industry trends.

SkyX has also been awarded multiple times as the leading solar power developer in Vietnam from many global prestigious organizations in the solar sector.

Future Direction
Looking ahead, the company’s trajectory indicates the development of over 200 MW of rooftop solar projects in the coming years has been set, positioning itself as a key player in the renewable energy sector and contributing significantly to a sustainable future. To achieve this goal, SkyX Solar has formed JVs (or partnerships) with some of the largest investors and operators of Industrial Parks to develop solar power within its industrial parks..