To stay in line with the Paris agreement and limit global warming to 1,5 degrees, the World only has a few years left to halve the CO2 emission. That means that we all need to speed up emission cuts where we can. The Solar Rooftop Scaling Program is a fast track for brands and the factories that they work with in Vietnam to install solar rooftop photovoltaic energy.
The purpose of SOLROS program is to contribute to speeding up the decarbonization of the apparel and footwear supply chain in Vietnam by solving one specific case: Installing solar rooftop on electricity intensive factories. The initial scope is Tier 1.
HOW DOES IT WORK?
The SOLROS program does not require any energy or local market regulation expertise from the participating factories or brands. With SOLROS program, factories can – without any investment needed (zero CAPEX) – cover up to 50% of their electricity need. Thereby immediately reducing emissions, increasing energy independence and cutting electricity costs. The whole process can be done in less than a year.
Estimated savings for the electricity generated from the solar rooftop compared to buying electricity off the grid (20 year Power Purchase Agreement):
South Vietnam: 30% (estimated)
Central Vietnam: 25% (estimated)
North Vietnam: 15% (estimated)
For more information please visit: “Solros presentation BRANDS.pdf”