Coro Energizes Vietnam: 50-MW Solar Project Launches

• Coro Energy Plc secures 50-MW rooftop solar project in Vietnam with Mobile World Group, paving the way for sustainable energy solutions across local retailer sites.

Coro Energy Plc has confirmed the first phase of a 50-MW rooftop solar project in Vietnam, signing a 14-year power purchase agreement with Mobile World Group for the first 10 sites with a capacity of 430 kW. The project is part of an overall plan to install solar panels across sites of local retailer Mobile World Investment Corporation.

The offtake agreement includes a variable price with a floor of about USD 0.112 per kWh and has the option to be extended under certain conditions. The installation of the first 10 sites is set to begin this month and be completed within 28 days, with plans to expand to a total of 900 MWG locations in the future.

What are the details of Coro Energy's rooftop solar project in Vietnam?

• Coro Energy Plc has confirmed the first phase of a 50-MW rooftop solar project in Vietnam.
• The company signed a 14-year power purchase agreement with Mobile World Group for the first 10 sites with a capacity of 430 kW.
• The project is part of an overall plan to install solar panels across sites of local retailer Mobile World Investment Corporation.
• The offtake agreement includes a variable price with a floor of about USD 0.112 per kWh and has the option to be extended under certain conditions.
• The installation of the first 10 sites is set to begin this month and be completed within 28 days.
• There are plans to expand the project to a total of 900 MWG locations in the future.