Thursday, December 2 2021

VietNamNews

Vietnamese, Scottish firms jointly develop rooftop solar power

Update: October, 26/2021 - 08:38
A roof solar power system is installed for household use in central Việt Nam. — VNS Photo

HÀ NỘI — The Hòa Bình Construction Group (HBC) and Scotland’s Shire Oak International (SOI) have struck a strategic deal to develop rooftop solar power.

Accordingly, both sides will build rooftop solar power systems on industrial buildings or invest in existing ones. HBC will be an engineering, procurement and construction (EPC) contractor in their joint projects.

They will also pour capital in inshore and offshore wind power farms as well as wind power distribution systems.

Founded in Scotland in 2002, SOI has been present in Việt Nam since 2009 with rooftop solar power projects.

On July 5, 2019, the Vietnamese Ministry of Industry and Trade issued Decision No 2023/QD-BCT approving the rooftop solar power development programme for the 2019-2025 period, targeting the installation of 100,000 rooftop solar power systems, or 1,000 MWp by late 2025. — VNS

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