Nami Solar and SK Ecoplant will invest $200 million in solar energy in Vietnam. The companies will build 250 MWp rooftop solar projects in the country. SK Ecoplant is a South Korean company of conglomerate SK Group.
Nami Solar is a subsidiary of Nami Energy was founded in 2019 by Luu Hoang Ha, a renowned Vietnamese energy lawyer. Ha brought together a team of investors and professionals, highly experienced in the renewable sector, to help Vietnam address climate change challenges and improve its national energy security.
“The distributed photovoltaic power options provided by our three-way partnership are environment-friendly measures for native companies, lots of them Korean traders, serving to them meet their inexperienced power demand in addition to making financial savings on their electrical energy payments,” said Nami Energy Founder and Chairman Luu Hoang Ha.
Both Vietnam and South Korea are constantly working on climate change, green growth, and recovery. Vietnam is working on a carbon-neutral economy by 2050 whereas South Korea is working on cutting down the carbon emissions by 40% by 2030.