Accordingly, at the signing event, industrial park investor Sao Do Group and CMES introduced a prospective cooperation agreement, intending to support businesses in Nam Dinh Vu Industrial Park to access and utilise clean power sources with optimal cost efficiency.

Representatives of Sao Do Group and CME Solar Company signed a cooperation agreement to deploy a rooftop solar power system at Nam Dinh Vu Industrial Park, Hai Phong.

The total solar power capacity that can be installed for the entire Nam Dinh Vu Industrial Park is expected to exceed 1GWp. Therefore, the two companies aim to develop the project at 50MWp in the first phase by mid-2024, increasing to 200MWp by 2025 and 700MWp by 2030.

The initiative also aims to reduce carbon emissions, making an important contribution to the sustainable development of the industrial park. The agreement also marks the first step for Sao Do and CMES to expand other renewable initiatives in the near future.

Nam Dinh Vu Industrial Park, with a scale of 1,329ha, owns four functional subdivisions with a modern, synchronous and complete infrastructure and is expected to expand further over the next few years.

With a prime location in the Hai Phong Economic Zone, this industrial park is considered to have great appeal towards investors, both designed in combination with the seaport system and logistics services in northern Vietnam and is expected to become a national logistics service centre by 2025.

Currently, the industrial park has attracted 65 domestic and international projects, including foreign ones from Japan, the Republic of Korea, China, Germany, France and Singapore, with diverse industries such as garments, furniture and electronics.

Enterprises in Nam Dinh Vu Industrial Park have signed cooperation agreements to promote green development in the industrial park, prioritising environmentally friendly technologies and deploying renewable energy in production and business activities through rooftop solar power systems.

This also helps reduce pressure on the national electricity system, especially during the peak dry season. Businesses are also increasing their use of renewable energy, integrating with Vietnam's commitment to achieving net-zero emissions by 2050.

Bac Giang aims for 50% houses equipped with rooftop solar by 2030

Bac Giang province sets a goal of saving at least 2% of the total annual electricity consumption in the 2023 - 2025 period.

Vietnam emerges as attractive market for distributed solar energy developers

Against the increasing demand for rooftop solar installations in the FDI manufacturing sector in Vietnam, led by the electronics/semiconductor and textile sectors, Vietnam is considered an attractive market for foreign investors in developing distributed solar energy.

Vietnam and Japan cooperate to promote rooftop solar installations across Vietnam

Vietnam’s renewable energy company CME Solar JSC has signed a joint venture agreement with Japan’s Sumitomo Forestry Corporation, to expand and develop the rooftop solar market, aimed at promoting solar energy systems and clean energy solutions across Vietnam.

Bac Giang removes obstacles for development of rooftop solar power

(BGO) -  Although development of rooftop solar power helps create an efficient electricity source from natural energy, it has faced several difficulties. Bac Giang province has proposed a number of solutions to encourage and increase the "green" power that suit to the provincial socio-economic growth.

Chinese Ambassador to Vietnam visits JA Solar Co.,Ltd

(BGO) – On April 4, Chinese Ambassador to Vietnam Xiong Bo led a working delegation to visit JA Solar Company Limited in Quang Chau industrial park, Viet Yen district (Bac Giang province) with the participation from Permanent Vice Chairman of the provincial People’s Committee (PPC) Mai Son.

Source: NDO