Home » Technology » CME and Samsung sign joint venture agreement to boost rooftop solar in Vietnam

CME and Samsung sign joint venture agreement to boost rooftop solar in Vietnam

This agreement emphasizes strengthening the commitment of both sides to promote sustainable energy solutions and support Vietnam’s solar energy in the transition to a low-carbon economy.

This strategic partnership underlines the commitment of both parties to foster sustainable energy solutions and support 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.

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

By combining Vista Global and Samsung C&T’s advanced technical and financial expertise with CME’s deep local implementation knowledge, the partnership aims to deliver high-performance solar solutions that efficiently meet Vietnam’s growing energy demands while propelling the country towards a sustainable future.

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

By leveraging cutting-edge solar technologies and these innovative investment models, the alliance aims to drive an innovative and sustainable rooftop solar revolution in Vietnam, in addition to accelerating the adoption of clean energy solutions nationwide and sharing the commitment to achieve net-zero emissions by 2050 as well as global efforts to combat climate change and promote the development of renewable energy.

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