Nike sports shoe maker to expand solar array at Vietnamese manufacturing facility

• TotalEnergies ENEOS introduced on Monday it will certainly broaden the solar power generation capacity at a sports shoe manufacturing facility in Vietnam under a new lasting arrangement with its operator, particularly Golden Victory Vietnam Co Ltd

The joint venture (JV) of French energy team TotalEnergies SE (EPA: TTE) and also Japan's ENEOS Corporation will set up greater than 7,900 of photovoltaic (PV) modules amounting to 4.6 MWp to increase the capacity of an existing rooftop solar array to 7.5 MWp.

TotalEnergies ENEOS will completely fund, mount and also run the PV system, while the footwear producer will certainly pay for the produced electrical power over a period of two decades.

Golden Victory's manufacturing facility is located in Nam Dinh Province, Northern Vietnam, where it primarily generates sports shoes for the Nike brand. The business is owned by Stella International Holdings Ltd