Vietnam's CME and Samsung investment vehicle sign joint venture agreement to boost rooftop solar energy in Vietnam

ABO/NDO- In a move that signals a new era for renewable energy in Vietnam, CME Solar Investments (CME) and Vista Global — an investment vehicle of Samsung C&T — have signed a landmark agreement to accelerate the development of C&I rooftop solar energy across the country.

The strategic partnership underscores the commitment of both sides towards fostering sustainable energy solutions and supporting Vietnam’s transition to a low-carbon economy.

The CME-Vista joint venture aims to combine their expertise, resources, and technologies to accelerate the development of solar energy projects in Vietnam.

Drawing on its extensive experience from investing in and deploying 5,000 MWp of solar projects globally, CME-Vista has established a robust foundation of financial and technical capabilities, primed to significantly enhance the deployment of rooftop solar systems nationwide.

In a move that signals a new era for renewable energy in Vietnam, CME Solar Investments (CME) and Vista Global — an investment vehicle of Samsung C&T — have signed a landmark agreement to accelerate the development of C&I rooftop solar energy across the country.

By merging Vista Global and Samsung C&T’s advanced technical, financial expertise with CME’s in-depth local knowledge of implementation, the partnership aims to deliver high-performance solar solutions that effectively address Vietnam’s increasing energy demands while propelling the country towards a sustainable future.

The agreement underscores Samsung C&T’s broader commitment to sustainability and environmental stewardship, actively contributing to global efforts to combat climate change and promote renewable energy.

By leveraging cutting-edge solar technologies along with these innovative investment models, the alliance targets an innovative and sustainable rooftop solar revolution in Vietnam in addition to accelerating the adoption of clean energy solutions nationwide and sharing commitment to achieving net-zero emissions by 2050.

(Source: NDO)