Photo: PV Power and Vingroup sign an MoU on green energy infrastructure development.
The signing ceremony took place in Hanoi on November 22, 2024. Based on the shared vision of sustainable development, as well as the spirit of companionship, support, and synergy of Vietnamese brands, PV Power and Vingroup will give priority to using each other's goods and services in order to optimise potential, boost productivity, and make each party more competitive.
With its expertise in the energy sector, PV Power will strive to investigate energy-saving and green electricity supply options for Vingroup whilst creating coherent strategies to sell and provide electricity to the conglomerate and its member units at competitive prices. Meanwhile, Vingroup will set up the optimum conditions for PV Power to carry out research and install rooftop solar power systems at the infrastructure, offices, and factories managed by Vingroup and its member companies, as well as in Vinhomes urban areas around the nation.
The network of charging stations for VinFast electric cars has grown steadily in recent years thanks to the establishment of the V-GREEN Company, which specialises in building infrastructure for electric vehicle charging stations, and creative commercial strategies like the franchise charging station model. PV Power and its associates will manufacture and provide premium, cost-effective equipment to V-GREEN Company, the producer of Vigroup charging stations. It plans to create a network of 1,000 EV charging stations between 2025 and 2030. This network will be passed to V-GREEN for further research and development in order to better serve customers.
Photo: Nguyet Viet Quang, vice president and general director of Vingroup.
"Vingroup and PV Power not only share the goal of sustainable business development, but also the same vision of green transformation and the desire to contribute to the overall development of the country," stated Mr. Nguyen Viet Quang, vice president and general director of Vingroup. “I think this collaboration will help build a contemporary green energy infrastructure that will satisfy customers' needs both now and in the future, thanks to PV Power's joint efforts in the energy sources and Vingroup's technological and electric vehicle ecosystem,” he added.
Photo: Le Nhu Linh, general director of PV Power.
"The comprehensive cooperation agreement between Vingroup and PV Power promises to create a new breakthrough in developing green transport infrastructure and promoting the use of renewable energy, thereby actively contributing to the Government's goal of reducing net emissions to 0 (Net Zero)," said Le Nhu Linh, general director of PV Power. “In order to ensure that the agreed-upon expectations are promptly fulfilled, I hope that as soon as this signing ceremony ended, the two parties and PV Power's partners will begin examining, defining, and agreeing on each piece of information,” he concluded.
