HÀ NỘI — The US Agency for International Development (USAID) and Coca-Cola Beverages Vietnam Limited have signed a memorandum of understanding (MoU) aimed at increasing the use of renewable energy in Việt Nam.
The MoU was inked by Michael Greene, director of USAID in Việt Nam, and Nguyễn Văn Quyết, director of Coca-Cola Vietnam’s supply chain, at a ceremony in Hà Nội on Wednesday.
Under this partnership, both organisations will work together to develop renewable energy-based power and thermal systems for industry facilities, including those of Coca-Cola Vietnam and improve industrial energy efficiency, while reducing the use of fossil fuels.
Both parties will also co-operate in developing and sharing successful models of adoption of renewable energy and practices of energy efficiency.
The partnership also seeks to improve clean energy development capacities and skills among experts and practitioners in small- and medium-sized industrial enterprises.
As one of the first activities, USAID will provide technical assistance to help Coca-Cola Vietnam install its first solar battery system on the rooftop of the plant in HCM City. It is expected to supply at least 20 per cent of the facility’s power requirements. — VNS