Eneos buys into 35-MWp solar plant in Vietnam

• Eneos Vietnam Co Ltd, a device of Japanese oil business Eneos Corp, has actually gotten a 19% stake in the operator of a 35-MWp Vietnamese solar plant from Shizen Malaysia Sdn Bhd

Named Hau Giang Solar Power Plant, the solar park is operated by VKT-Hoa An Joint Stock Company, in which Shizen Malaysia holds a 51% stake. It is operational given that December 2020 and also is the outcome of a collaboration between Shizen Malaysia as well as Halcom Vietnam JSC.

The Vietnamese federal government has taken actions to increase the country's renewable resource proportion to 40% by 2045 as electrical energy need expands 10% annually, the statement by Japanese renewable resource firm Shizen Energy Inc claims.