Politics

Deputy PM hails Chinese solar panel maker's investment expansion plan

Deputy Prime Minister Tran Luu Quang has praised China's leading solar panel maker, Trina Solar Group, for its investment expansion plan in Thai Nguyen province, which will increase the group's total investment in Vietnam to nearly 900 million USD.
Deputy PM hails Chinese solar panel maker's investment expansion plan ảnh 1Deputy Prime Minister Tran Luu Quang (right) and founder and Chairman of the Trina Solar Group Gao Jifan. (Photo: VNA)

Hanoi (VNA) – Deputy Prime Minister Tran Luu Quang has praised China's leading solar panel maker, Trina Solar Group, for its investment expansion plan in Thai Nguyen province, which will increase the group's total investment in Vietnam to nearly 900 million USD.

Receiving the founder and Chairman of the group Gao Jifan inHanoi on November 5, Quang said renewable energy development is a trend in the worldand Vietnam as well, towards the goal of achieving net zero emissions by 2050.

He noted that Vietnam is promulgating specific policies topromote the development of renewable energy, including solar energy.

He asked the Chinese group to create conditions for Vietnamesebusinesses to participate in the global supply chain in general and the group'ssupply chain in particular while focusing on lowering costs, improving efficiency of solarenergy storage devices, and adopting solutions to treat environmental pollutionfor expired storage devices.

On this occasion, the Deputy PM commended the northern provinceof Thai Nguyen for accompanying and supporting foreign investors, particularlyTrina Solar Group, in their project implementation.

For his part, Gao Jifan praised Vietnam's potential, policies,and outcomes of renewable energy development, especially in the context of thegrowing demand for green, eco-friendly products.

Established in 1997, Trina Solar Group operates mainly in thefield of research, development, production and sales of solar modules, solarpower stations and system products, as well as operation and maintenanceservices. It ranks among the Top 100 leading companies in the world'ssolar energy industry.

In 2016, Trina Solar established Trina Solar Vietnam EnergyDevelopment Company Limited, whose headquarters is located in Yen BinhIndustrial Park, Thai Nguyen province, with a total investment of more than 500million USD./.

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