SK Ecoplant Co., a South Korean building engineering and waste administration firm, mentioned on Tuesday that they’ve accomplished the development of rooftop photo voltaic panels on the Samil Vina Co. plant. in Vietnam.
The electrical energy generated by the 1 megawatt (MW) solar energy modules can be 100% utilized by the textile manufacturing unit positioned in Dong Nai, a province northeast of Ho Chi Minh City.
SK Ecoplant mentioned that rooftop solar energy panels are economical as a result of these modules don’t require the development of a further energy grid. A roof system additionally reduces vitality loss in the course of the transmission and distribution course of, it mentioned.
SK mentioned that it additionally expects that the solar energy modules will assist Samil Vina’s enterprise as a complete as a result of the ability permits the Vietnamese firm to fulfill the nation’s renewable vitality use necessities.
SK Ecoplant, previously SK Engineering & Construction Co., is actively pursuing the rooftop photo voltaic module set up enterprise within the Southeast Asian nation.
In addition to the Samil Vina undertaking, SK operates rooftop solar energy initiatives with a mixed capability of seven MW in Binh Duong and Hai Pong.
SK’S RENEWABLE ENERGY PUSH IN VIETNAM
Vietnam is a creating nation with a ten% annual development in vitality demand. The Southeast Asian nation is investing closely within the renewable vitality sector to scale back its reliance on fossil fuels.
Industry officers mentioned there may be nice potential for solar energy technology initiatives in Vietnam as a result of plentiful sunshine within the nation. The nation additionally has many islands with a median annual wind velocity of greater than 5 meters per second – favorable situations for the manufacturing of wind vitality.
According to the Korea Trade Investment Promotion Agency (KOTRA), Vietnam’s renewable vitality technology capability will greater than quadruple to 21.6 gigawatts (GW) in 2023 from 5.2 GW in 2019.
SK Ecoplant strives to grow to be an eco-friendly vitality firm from a building agency.
Last March, the Korean firm signed an settlement with BCG Energy (BCGE), a completely owned subsidiary of Vietnam’s Bamboo Capital Group, to collectively pursue photo voltaic and wind energy initiatives in Vietnam.
Under the settlement, SK and BCGE will collectively develop 700 MW of renewable vitality initiatives in Vietnam – 300 MW of land wind energy, 300 MW of rooftop solar energy and 100 MW of land solar energy.
SK, BCGE, SLC SIGN MOU ON GREENHOUSE GAS REDUCTION PROJECT
BCGE is a longtime native developer for wind and photo voltaic initiatives. It already operates a solar energy plant with a capability of about 600 MW in Vietnam. BCGE’s wind energy technology initiatives at the moment beneath growth exceed 800 MW.
On Tuesday, SK Ecoplant individually signed a memorandum of understanding with BCGE and Sudokwon Landfill Site Management Corp. (SLC) of Korea in Ho Chi Minh City to collectively pursue a greenhouse fuel discount undertaking in Vietnam.
SK is enhancing its presence within the eco-friendly enterprise by taking part in carbon rights initiatives in Vietnam and world wide.
“Vietnam is a perfect nation for us. It wants a secure energy provide for financial development. The nation must also be a part of the worldwide initiative to chop carbon emissions,” mentioned Kim Jung. -hoon, head of SK Ecoplant’s Solutions Business Unit.
Write to Jeong-Jin Eun at silver@hankyung.com
In-Soo Nam edited this text.