Vietnam

Sembcorp Industries Ltd to acquire 245 MW of renewables capacity, including wind, solar and hydropower, for SGD-218-million. Deals to be completed in 2024 and will help Sembcorp reach its goal of 25 GW of gross installed renewables capacity by 2028.

Trina Solar Co Ltd is investing an additional $420 million to expand its production capacity in Vietnam. Discover how the US tariffs this summer affected the company's plans and learn more about the new investment.

Trina Solar, one of China's leading solar panel makers, plans to invest $400 million in its third factory in Vietnam and could potentially invest up to $600 million in the future. This move follows US investigation into Chinese solar companies' use of Thailand and other Southeast Asian countries for tariff avoidance. Vietnam is now the biggest supplier of solar panels to the US, making up a third of all imports in Q1 of this year.

Solarvest has achieved a milestone by acquiring 11 rooftop solar photovoltaic installation projects located in Vietnam, with a combined capacity of 12.8MWp. The expansion plan provides additional income and job opportunities and is expected to strengthen the company's position in the region. Davis Chong Chun Shiong is delighted at the progress made in Solarvest's expansion efforts.

Trina Solar has commissioned a 15.5 GW solar manufacturing complex in Vietnam, with 210mm monocrystalline wafers, 6.5 GW wafer capacity & 4-5 GW module capacity. This marks a big step forward in Trina Solar's international manufacturing expansion, ensuring a steady supply of materials worldwide.

Coro Energy has signed a USD-1.3-million agreement to acquire a 2.39 MW rooftop solar portfolio in Vietnam, with an 18-year power purchase agreement and a payment plan including cash, new shares, and existing specialist debt. Completion expected in Q4 2023.

The joint venture (JV) of French energy group TotalEnergies SE (EPA: TTE) as well as Japan's ENEOS Holdings Inc (TYO:5020) will acquire a 3.4-MWp rooftop solar portfolio in Vietnam from Sao Mai Solar Company, with plans to develop much more.

Vietnam is transferring to begin solar power projects that have been idled for years, in the latest press to ease a power shortage this summer.

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

Chinese company Growatt revealed today the inauguration of the very first phase of its factory in Vietnam where it will be producing solar as well as storage space inverters, as well as storage batteries.

UK-based and southeast Asia-focused Coro Energy Plc (LON: CORO) has begun unique talks to obtain a leased roof solar portfolio in Vietnam with an overall generating capacity of 3.25 MW.

ThomasLloyd Energy Impact Trust Plc (LON: TLEI) has participated in an investment arrangement with project developer as well as EPC professional Solar Electric Vietnam (SEV) that asks for a preliminary investing of USD 30 million (EUR 30.8 m) on renewable energy assets in Vietnam.

Coro Energy Plc (LON: CORO) revealed on Friday that it has actually completed the commissioning of a 3-MW roof solar pilot project in Vietnam.

Norwegian firm Norsk Solar AS (FRA:62 L) has actually signed a power purchase agreement (PPA) with warehousing and logistics administration firm Lineage Logistics tied to the building and construction of 1.8 MW of rooftop solar capacity in Vietnam.

Vietnam-based Boviet Solar Technology, a leading global solar power technology firm, has signed an extra order for more than 400 Megawatts of solar capacity with Origis Energy, among America's biggest solar as well as energy storage space developers. Along with the initial 700 MW agreement checked in July this year, the partnership currently covers 1.1 GW of solar capacity.