SP Group, CJ OliveNetworks to develop rooftop solar projects across Vietnam

SINGAPORE utility group SP Group has tied up CJ OliveNetworks Vina Co (CJ ONS) to develop up to 50 megawatt-peak (MWp) worth of rooftop solar projects in Vietnam in the next 2 years.

CJ ONS is a subsidiary of South Korea's CJ OliveNetworks in Vietnam. It will take on the engineering, procurement and construction (EPC) function for all joint solar projects with SP.

Both parties will combine their expertise, experience and resources in sustainable energy solutions to explore solar projects for CJ ONS' affiliates and other commercial and industrial customers in Vietnam.

The first project under the partnership is the installation and operation of a 2.5MWp rooftop solar for a CJ Vina Agri (CJ Agri) manufacturing plant. CJ Vina Agri is a subsidiary of South Korea's CJ Group that specialises in the production of livestock, poultry, and aquaculture feed.

The rooftop solar solution is expected to be operational by June 2022 and will be able to deliver up to 3,577 Megawatt-hour (MWh) of electricity annually.

It will provide 20 per cent of electricity consumed by the facility at peak load and cut carbon emissions by 3,500 tons annually - equivalent to taking about 1,100 cars off the road.

A NEWSLETTER FOR YOU

Friday, 8.30 am

Asean Business

Business insights centering on South-east Asia's fast-growing economies.

Sign Up