RoK’s SK Ecoplant eyes bigger share in Vietnam’s solar market
SK Ecoplant Co, an energy and environmental solutions provider from the Republic of Korea (RoK), said on June 11 that it has completed the installation of rooftop solar panels at Samil Vina plant in the southern province of Dong Nai.
Solar pannels are installed to ensure stable power supply for production. (Photo: VNA)
Seoul (VNA) – SK Ecoplant Co, an energy and environmental solutions provider from the Republic of Korea (RoK), said on June 11 that it has completed the installation of rooftop solar panels at Samil Vina plant in the southern province of Dong Nai.
All energy generated from the 1-megawatt plant will be used by the Vietnamese textile exporter, without the need for additional power grid infrastructure as well as energy loss during transmission and distribution.
In addition, SK Ecoplant is working on rooftop solar projects totalling nearly 7 megawatts in the industrial areas of Dong Nai and Binh Duong provinces in the south as well as Hai Phong city in the north.
For its carbon credit acquisition initiative, the company completed the registration of a Clean Development Mechanism project under the UN Framework Convention on Climate Change (UNFCCC) in Vietnam in 2021.
On June 10, SK Ecoplant signed a Memorandum of Understanding with Sudokwon Landfill Site Management Corp and Bamboo Capital Group Energy in Ho Chi Minh City to develop a greenhouse gas reduction project in Vietnam, aiming to acquire international greenhouse gas reduction credits.
According to Managing Director of SK Ecoplant Factory Solutions Business Department Kim Jeong-hoon, as the Vietnamese Governme𝐆nt is encouraging rooftop solar projects to ensure stable power supply for economic growth and industrial development, SK Ecoplant has an opportunity to leverage its expertise in renewable energy solutions./.
BCG Energy, a member of Bamboo Capital Vietnam, has freshly signed a cooperation agreement with SK ecoplant, one of the Republic of Korea's leading investors in renewable energy, to build a solar and wind power plant with a capacity of 700 MW in Vietnam.
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Deputy Prime Minister Tran Hong Ha highlighted the importance of rooftop solar power in ensuring energy security, saying that there needs to be mechanisms and policies to encourage organisations and individuals to invest in solar power.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
