Views: 10 Author: Site Editor Publish Time: 2023-07-25 Origin: Site
Ho Chi Minh City, Vietnam - CSQ, a leading manufacturer of electrical products in China, recently participated in the Vietnam Electric and Renewable Energy Exhibition (VIETNAM ETE 2023) held in Ho Chi Minh City on July 19-21, 2023. At the exhibition, CSQ displayed its most popular products, including automatic transfer switches, time relays, circuit breakers, switch disconnector, power meters, contactors and solar system products. CSQ has always been at the forefront of the industry.
VIETNAM ETE 2023 is the largest electrical equipment, power transmission and distribution system and renewable energy technology exhibition in Vietnam. This year's event attracted more than 500 exhibitors and 50,000 attendees from across the region.
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With the rapid development of Vietnam's economy and infrastructure, the demand for advanced power and renewable energy solutions continues to grow. The EXPO provides an excellent opportunity for CSQ to showcase its capabilities in these key areas.
According to a recent industry report, Vietnam's electrical equipment market is worth US$7.2 billion in 2022 and is expected to grow at a CAGR of over 8% between 2023 and 2027. The country's total installed power generation capacity has doubled over the past decade to about 56 GW by 2022.
Renewable energy is also taking off in Vietnam. As the government sets solar development targets, solar photovoltaic power generation will increase from 0.5 TWh in 2018 to 16.5 TWh in 2022. Installed wind capacity has experienced a similar increase, from virtually nothing in 2016 to nearly 2 GW by the end of 2022.
Vietnam's rapidly expanding power and renewable energy infrastructure is driving strong demand for the products CSQ is showcasing at the ETE EXPO. With household electricity consumption in Vietnam set to expand from 95% in 2016 to 100% by 2022, demand for electrical equipment and modern energy solutions continues to increase in residential, commercial, and industrial sectors.
By showcasing its latest innovations at the EXPO, CSQ is positioning itself as a key supplier of technologies and products driving Vietnam's future. The company hopes to build on its 30-year market position by meeting Vietnam's needs in power distribution, transmission, automation and renewable energy integration.
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At booth 215, CSQ is showcasing its latest products for industrial automation and control, power distribution and solar applications. Highlights include the new time-delay relay, an important component in electrical control systems.
In terms of power distribution, CSQ exhibited HYCG3 disconnector suitable for large-capacity power transmission in infrastructure projects. It is an upgraded version of the original HYCG3 switch disconnector.
HYCG3 switch disconnector adopts new contact system and smaller frame to meet the requirements of breaking and isolation. It can replace the knife switch and isolating switch to make the product more perfect.
For solar power generation, CSQ showed its high-efficiency HYCM1-PV DC circuit breaker specially designed for protecting solar power generation systems.
DC molded case circuit breaker. HYCM1-PV series molded case circuit breakers are designed to distribute electric energy and protect circuits
and electrical equipment to protect the solar system from overloading. Suitable for rated current below 1250A and DC rated voltage below 1500V. The product complies with IEC60947-2 and GB14048.2 standards.
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Although CSQ has been operating in Vietnam for more than 30 years, the company shows no signs of slowing down in this key market. CSQ said the company is making major plans to expand its presence in Vietnam in the coming years.
“We have been proud to support Vietnam’s power and energy infrastructure needs for decades, but we know there is much greater potential,” CSQ said. “Over the next 5 years, CSQ plans to make significant investments in new production facilities, increased hiring and strategic partnerships that will allow us to better serve our customers in various industries in Vietnam.”
With these upcoming initiatives, CSQ aims to strengthen its position in supporting Vietnam's nation-building through power infrastructure and renewable energy in the coming decades. ETE EXPO is just the start of the next phase of CSQ's development in this market.
