Vietnamese, Scottish firms jointly develop rooftop solar power

October 26, 2021 - 08:38

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

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

Tags rooftop solar power vietnam solar power A cooperation agreement

Promising outlook for F&B exporting

Economy

Trade growth between Việt Nam and Americas promoted by FTAs

Economy

Honda Vietnam recalls CR-V vehicles for inspection

Economy

Vietcombank issues VNĐ2 trillion in green bonds, advancing Việt Nam’s green economy

Economy

Tax shift: e-commerce platforms could shoulder seller tax responsibilities

Economy

Long An rolls out red carpet for German investors: conference

More on this story

Economy

EVIPA ensures FDI flow in medium to long term

Foreign direct investment (FDI) is to continue flowing in Việt Nam from Europe in the medium to long-term thanks to the EU-Vietnam Investment Protection Agreement (EVIPA), which was ratified in August last year, experts said.

Economy

Lower pig price causes difficulties for recovery of husbandry industry

Economy

New financial support package to create new momentum for business recovery

As the COVID-19 pandemic has seriously impacted the implementation of Việt Nam’s economic development plans, the National Assembly (NA) and Government have been proactively and urgently deploying stimulus packages to quickly restore the economy and leverage growth.

Economy

UPCoM attracts investors thanks to stock potential

The Unlisted Public Company Market (UPCoM) is increasingly attracting investors thanks to the potential of its stocks.

Economy

HCM City remittances up 22% to $5.1b

Foreign remittances to HCM City in the first nine months of the year were worth US$5.1 billion, a 22 per cent increase year-on-year.

Economy

VN-Index reverses course as selling force weighs on market

Economy

HCM City, industrial provinces seek ways to get COVID returnees back

Cửu Long (Mekong) Delta provinces, HCM City and Bình Dương Province will organise a job fair on October 29 for workers who returned to their hometowns to escape the COVID-19 outbreak.

Economy

Mercedes Benz Vietnam recalls nearly 1,800 C200 cars for inspection

Mercedes Benz Vietnam has announced that 1,773 C200 cars manufactured from December 2014 to February 2018 will be recalled for inspection and a software update.

Economy

Quảng Ninh to resume commercial flights with HCM City

Flights between Vân Đồn in the northern province of Quảng Ninh and HCM City will be resumed on Wednesday (October 27) after interruption due to the COVID-19 pandemic.