BOVIET SOLAR TECHNOLOGY CO.,LTD

BOVIET SOLAR TECHNOLOGY CO., LTD (CÔNG TY TNHH KHOA HỌC KỸ THUẬT NĂNG LƯỢNG MẶT TRỜI BOVIET): A STRATEGIC OVERVIEW BY VANGUARD BUSINESS INFORMATION (VBI)

BOVIET SOLAR TECHNOLOGY CO., LTD is a leading solar panel manufacturer in Vietnam, specializing in the production of high-efficiency solar panels and solar cells. Established on September 11, 2013, the company operates as a one-member limited liability company and is fully owned by NINGBO KYANITE INTERNATIONAL TRADE CO., LTD from China. The company’s headquarters and manufacturing facilities are located at Lot B5, B6, Song Khe - Noi Hoang Industrial Park, Song Khe Commune, Bac Giang City, Bac Giang Province, Vietnam, positioning it strategically in the Vietnamese renewable energy sector.

As of 2023, BOVIET SOLAR TECHNOLOGY CO., LTD reported total assets of USD 418.07 million, reflecting an impressive 47.47% growth from the previous year. The company’s total sales surged to USD 1.03 billion, marking a 99.55% increase, demonstrating its expanding market presence in the global solar energy industry. Net profit stood at USD 186.86 million, a remarkable 191.43% increase, while equity doubled to USD 360.11 million, highlighting its financial strength and investment potential. The company currently employs 800 skilled workers, supporting its state-of-the-art solar technology manufacturing.

BOVIET SOLAR TECHNOLOGY CO., LTD focuses on manufacturing premium-quality photovoltaic (PV) modules, catering to residential, commercial, and industrial solar energy projects. In addition to its core solar business, the company engages in the production of other electrical equipment, waste material wholesale, and specialized retail activities. Its strong commitment to innovation and sustainability has positioned it among the top solar energy companies in Vietnam and a trusted supplier in the global solar industry.

Under the leadership of General Director XIE ZHAO CHUN and Managing Director LU REN ZHENG, the company continues to expand its market influence, enhance solar panel efficiency, and invest in research and development. VANGUARD BUSINESS INFORMATION (VBI) recognizes BOVIET SOLAR TECHNOLOGY CO., LTD as a high-growth enterprise in the renewable energy sector, with strong financial performance, increasing solar panel demand, and a commitment to sustainability.

With the global shift toward clean energy solutions, BOVIET SOLAR TECHNOLOGY CO., LTD is well-positioned to capitalize on rising solar power adoption, reinforcing its reputation as a reliable solar technology manufacturer in Vietnam and beyond. VBI highlights the company's strong financial stability, rapid expansion, and dedication to green energy, making it a top choice for investors, solar project developers, and industry partners seeking sustainable energy solutions.