Singapore's SP Group partners with CJ OliveNetworks Vina set up rooftop solar power

March 28, 2022 | 12:43
SP Group and CJ OliveNetworks Vina Co. (CJ ONS) on March 28 announced a partnership to boost Vietnam’s clean energy transformation through the development of rooftop solar projects.

Sustainable energy solutions provider SP from Singapore and CJ ONS, a subsidiary of South Korea's CJ OliveNetworks in Vietnam, signed an MoU to develop up to 50MWp of rooftop solar projects across Vietnam over the next two years.

Singapore's SP Group partners with CJ OliveNetworks Vina set up rooftop solar power
A rooftop solar unit with 2.5MWp will be operational at the CJ Vina Agri Co Ltd by June

The partnership includes its first project to operate a 2.5MWp rooftop solar unit at CJ Vina Agri Co., Ltd.'s plant by June.

Jang Myung Soo, CEO of CJ ONS, said SP's sustainable energy solutions will be pivotal in enhancing energy-efficient operations across all sectors and scales.

“We look forward to collaborating with SP to accelerate the renewable energy sector and meet the growing demand in the industry by leveraging upon our combined strengths, networks, and expertise,” Soo said.

Brandon Chia, managing director for Southeast Asia & Australia at SP Group, said the partnership with CJ ONS is a significant milestone that will enhance market access to its range of renewable energy solutions and accelerate the decarbonisation of the industrial and manufacturing sector in Vietnam.

“Our goal is to enable the sustainable transformation of our local customers by increasing the share of renewables in both energy production and consumption for their facilities. Together with our digital and sustainable energy solutions expertise, we aim to continue growing our sustainability footprint in Vietnam and empower the country’s green energy transition for a carbon-neutral future,” said Chia.

CJ ONS will take on the engineering, procurement, and construction for all joint solar projects with SP.

CJ Vina Agri, which will host the first solar unit under the MoU, specialises in the production of high-quality livestock, poultry, and aquaculture feed.

The deployment of the 2.5MWp rooftop solar solution for CJ Vina Agri marks the company’s first large-scale injection of solar power into its energy mix.

The solar unit is expected to deliver up to 3,577MWh of electricity annually. It will effectively provide 20 per cent of electricity consumed by the facility at peak load and avoid carbon emissions of more than 3,500 tons annually, equivalent to taking approximately 1,100 cars off the road.

By Bich Ngoc

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