EDF Renewables invests in solar power in Vietnam
French renewable energy producer EDF Renewables has made a significant investment in SkyX Energy, which is a subsidiary of VinaCapital Group and the owner of rooftop solar power plant SkyX Solar.
Illustrative photo (Source: VNA)Assisted by the new partnership, SkyX Solar is expected to invest at least 100 million USD in developing 200 more MWp of solar rooftop electricity within the next two to three years, serving industrial and commercial customers.
Samresh Kumar, Executive Chairman and CEO of SkyX Solar, said the company currently has about 100MWp of rooftop solar power under development and operation.
The firm plans to cooperate with industrial parks in Vietnam to exploit hundreds of MW of rooftop solar power in the coming time, he said, adding that EDF Renewables’ experience and resources are hoped to boost SkyX Solar’s expansion quickly.
Yalim Ozilhan, Southeast Asia Regional Director of EDF Renewables, said that renewable energy sees great potential for development in Vietnam. With the strength of rooftop solar power solutions globally, EDF is very interested and wishes to invest in expanding its scope of operations in the market, he added.
In early 2021, the French group sealed a cooperation deal to invest in two wind power plants in the Central Highlands provinces of Dak Lak./.
You should also see
Vietnam eyes strengthening multifaceted cooperation with Hungary: NA Chairman
National Assembly (NA) Chairman Vuong Dinh Hue on April 16 said that Vietnam always values and wishes to strengthen multifaceted cooperation with Hungary, a traditional partner and the only comprehensive partner of Vietnam in the Central Eastern European region when receiving First Officer of the Hungarian National Assembly Márta Mátrai in Hanoi.
See more
Business
Vietnam has opportunities to attract, develop the offshoring market
Vietnam is an attractive choice for businesses who are looking for outsource solutions, given its affordable workforce, highly skilled human resources and the constantly developing infrastructure of information technology and the telecommunications industry, said real estate consultancy firm Knight Frank in its report Asia-Pacific Horizon: Harnessing the Potential of Offshoring.
Business
Long An hosts meeting to help RoK businesses solve difficulties
The People’s Committee of the southern province of Long An on April 16 held a dialogue with enterprises from the Republic of Korea (RoK) to help them deal with difficulties and obstacles when doing business in the locality.
Society
Int’l media highlights Tim Cook’s visit to Vietnam
CEO of US-based tech giant Apple, Tim Cook, is paying a two-day visit to Vietnam, starting on April 15. The event has become a highlight of the international media.
Business
US dollar continues gaining against Vietnamese dong, hitting exchange ceiling
The US dollar has continued to strengthen against the Vietnamese dong (VND) as the exchange rate hit the ceiling limit across commercial banks on April 16 morning.
Business
Vietnam National Brand Week 2024 opens
The Trade Promotion Agency under the Ministry of Industry and Trade (MoIT) opened the Vietnam National Brand Week 2024 in Hanoi on April 16.
