SHENZHEN, China, May 10, 2022 /PRNewswire/ -- KSTAR, the global power conversion expert, announced today that its first factory in Vietnam, named KSTAR Vietnam Project Phase I, has officially completed.Covering an area of 47,715 square meters, KSTAR's new manufacturing base is located in Haiphong City, the largest port city in North Vietnam.It is being built to meet the growing demand for its export orders and support its strong growth in the global market.This facility has a two-phase construction plan with a total investment of more than 22 million US dollars.The first phase of the project will be completed in June.New equipment could be installed and production could begin by the end of this year.Construction of the second phase is expected to begin in 2024."The first phase of the plant is expected to produce 10,000 UPS units, 1,000 modular data center units and 1GW solar inverters per year. This would be the first time we used factories in Vietnam to improve service delivery and meet the customer's desire for more diverse production bases," said Wang, project leader of KSTAR.Once completed, 200 jobs will be available, generating significant social and economic benefits during the epidemic.In addition, the new plant is expected to follow the company's environmental protection policies."We are already leading the way in green manufacturing. Kstar is one of 13 Chinese companies in the product manufacturing industry to be featured in the Corporate Net Zero Pathway report released by the United Nations Global Compact. This is the first report of the world issued by UN agencies to guide and honor the efforts of companies to achieve carbon neutrality," Wang added.KSTAR is widely known as the world's leading UPS manufacturer.According to the company's initial statement, the company's shipping was ranked number five in the global UPS market in 2021, moving up one place from the year 2019. The new plant will not only increase production capacity, but also help in KSTAR's global expansion.Founded in 1993, Shenzhen KSTAR Science And Technology Co Ltd is a world leader in the R&D and manufacturing of UPS, PV inverter and ESS solutions.Headquartered in China, KSTAR has nearly 3,000 employees, with business in more than 150 countries and 6 manufacturing and assembly plants.For more information: Email: sales@kstar.comRelated Linkshttps://www.kstar.com/© 2022 Notimerica.The redistribution and redistribution of all or part of the contents of this website without your prior and express consent is expressly prohibited.