Press https://cmenergy.vn/ en The CME-Vista Joint Venture (between CME Solar and Samsung C&T) delivered its first project https://cmenergy.vn/media/press/cme-vista-joint-venture-between-cme-solar-and-samsung-ct-delivered-its-first-project <span> The CME-Vista Joint Venture (between CME Solar and Samsung C&amp;T) delivered its first project</span> <span><span>Tran Khoa</span></span> <span><time datetime="2025-08-08T15:26:02+07:00" title="Friday, August 8, 2025 - 15:26">Fri, 08/08/2025 - 15:26</time> </span> <div class="field field--name-field-subjects field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/media/press" hreflang="en">Press</a></div> </div> <div class="solar-sumary field field--name-body field--type-text-with-summary field--label-hidden field__item"><p data-start="133" data-end="501">On August 7, 2025, the <strong>CME-Vista Joint Venture</strong> — a partnership between <strong>CME Solar and Samsung C&amp;T</strong> — officially achieved <strong>Commercial Operation Date (COD)</strong> for its first rooftop solar project at ESTec Vina in Vietnam, following just two months of construction. This marks the first milestone in the partnership’s rollout, paving the way for a series of upcoming projects.</p><img src="/sites/default/files/inline-images/z6885168626619_5afe00f55e0165b3c08b54c24ff7d43e.jpg" data-entity-uuid="7c560a2a-bb60-411f-8cb5-39e2cdefbf68" data-entity-type="file" width="683" class="align-center" height="1440" loading="lazy" /><p data-start="503" data-end="748">The system is expected to generate 2.086 million kWh of clean electricity annually, equivalent to reducing 1,375 tons of CO₂ emissions each year. The project is set to contribute significantly to advancing sustainable manufacturing in Vietnam.</p><p data-start="750" data-end="1003">A ribbon-cutting ceremony was held at ESTec Vina with representatives from both parties in attendance. The event underscored the strong coordination, engineering expertise, and shared vision for a greener future that have driven the project’s success.</p><img src="/sites/default/files/inline-images/z6885168624487_76df286f5a1ea7881f47781d22d19257_0.jpg" data-entity-uuid="f66c9a08-0eb6-4bce-9217-7eecef0d6e93" data-entity-type="file" width="682" class="align-center" height="1792" loading="lazy" /><p data-start="1005" data-end="1206">According to CME Solar, this achievement provides strong momentum for the CME-Vista Joint Venture to accelerate future developments, with more commissioning ceremonies anticipated in the near future.</p></div> <div class="primary-image field field--name-field-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/news/images/z6885168634491_25735c101a9e7e281dbaad4e9f21e2bb.jpg" width="2560" height="1706" alt="Commercial Operation Ceremony of Rooftop Solar Project at ESTec Vina Co. Ltd" loading="lazy" /> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://cmenergy.vn/media/press/cme-vista-joint-venture-between-cme-solar-and-samsung-ct-delivered-its-first-project" data-a2a-title=" The CME-Vista Joint Venture (between CME Solar and Samsung C&amp;T) delivered its first project"><a class="a2a_dd addtoany_share" href="https://www.addtoany.com/share#url=https%3A%2F%2Fcmenergy.vn%2Fmedia%2Fpress%2Fcme-vista-joint-venture-between-cme-solar-and-samsung-ct-delivered-its-first-project&amp;title=%20The%20CME-Vista%20Joint%20Venture%20%28between%20CME%20Solar%20and%20Samsung%20C%26T%29%20delivered%20its%20first%20project"><img src="/themes/custom/solar/images/share.png" alt="Share"></a></span> <section data-drupal-selector="comments" class="comments"> <h2 class="comments__title">Comments</h2> <div class="add-comment"> <div class="add-comment__form"> <drupal-render-placeholder callback="comment.lazy_builders:renderForm" arguments="0=node&amp;1=485&amp;2=comment&amp;3=comment" token="tZlcms8gpyt8kD6qINVfsOYDZXElnu64ise-OPsGJ8w"></drupal-render-placeholder> </div> </div> </section> Fri, 08 Aug 2025 08:26:02 +0000 Tran Khoa 485 at https://cmenergy.vn Samsung Electronics Vietnam Inaugurates Its First Rooftop Solar Project at Bac Ninh Factory https://cmenergy.vn/media/press/samsung-electronics-vietnam-inaugurates-its-first-rooftop-solar-project-bac-ninh <span>Samsung Electronics Vietnam Inaugurates Its First Rooftop Solar Project at Bac Ninh Factory</span> <span><span>CME Admin</span></span> <span><time datetime="2025-08-01T19:17:55+07:00" title="Friday, August 1, 2025 - 19:17">Fri, 08/01/2025 - 19:17</time> </span> <div class="field field--name-field-subjects field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/media/press" hreflang="en">Press</a></div> </div> <div class="solar-sumary field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>Bac Ninh, July 31, 2025, Samsung Electronics Vietnam (SEV) officially inaugurated  the rooftop solar power project at the SEV factory in Yen Phong Industrial Park, Bac Ninh.  </p><p>Developed in partnership between SEV and CME Solar, the rooftop solar power project at Samsung Electronics Vietnam factory has a capacity of 2.38 MWp and is expected to generate around 2.59 million kWh of clean electricity annually</p><figure role="group" class="caption"><img alt="Commercial Operation Ceremony of rooftop solar power project at Samsung Electronics Vietnam's factory in Bac Ninh" data-entity-type="file" data-entity-uuid="01c5543d-d152-4509-9072-7bee97274ded" src="/sites/default/files/inline-images/Samsung-Electronics-Vietnam-Inaugurates-02.jpg" width="1975" height="1149" loading="lazy" /><figcaption>Commercial Operation Ceremony of rooftop solar power project at Samsung Electronics Vietnam's factory in Bac Ninh</figcaption></figure><p>Notably, just three months after the groundbreaking ceremony, the project has officially reached its Commercial Operation Date (COD). This milestone signifies both alignment with the Vietnamese Government’s net-zero roadmap and the beginning of Samsung Vietnam’s decarbonization journey.</p><figure role="group" class="caption"><img alt="Delegates perform the power-on ritual, officially marking the Commercial Operation Date (COD) of the rooftop solar power system" data-entity-type="file" data-entity-uuid="09e44d73-3bb4-4f1a-b9b4-8199452c1858" src="/sites/default/files/inline-images/Samsung-Electronics-Vietnam-Inaugurates-03.jpg" width="2046" height="1365" loading="lazy" /><figcaption>Delegates perform the power-on ritual, officially marking the Commercial Operation Date (COD) of the rooftop solar power system</figcaption></figure><p>Samsung Vietnam is demonstrating strong leadership in the transition to renewable energy, contributing to Vietnam’s and the global sustainable development goals.</p><p>The rooftop solar project at the SEV factory marks a significant milestone in advancing the sustainability strategy in Vietnam of Samsung — the largest FDI enterprise in Vietnam.</p><p>Mr. Kim Iee Soo, General Director of SEV, emphasized that the project is not only economically meaningful, but also reflects Samsung’s strong commitment to environmental and social responsibility in Vietnam - contributing to a greener future for the next generations.</p><figure role="group" class="caption"><img alt="Mr. Kim Iee Soo, General Director of SEV Plant at the Comercial Operation Ceremony" data-entity-type="file" data-entity-uuid="7947b735-0db3-4374-82fe-3858594f1782" src="/sites/default/files/inline-images/Samsung-Electronics-Vietnam-Inaugurates-01.jpg" width="1836" height="1261" loading="lazy" /><figcaption>Mr. Kim Iee Soo, General Director of SEV Plant at the Comercial Operation Ceremony</figcaption></figure><p>As a partner, CME Solar Investment was directly responsible for the entire process — from technical design and legal support to construction, commissioning, and operation — ensuring full compliance with SEV’s strict quality and safety standards.</p><img data-entity-uuid="a12f7ee2-d062-4a78-b790-938fccd8f45f" data-entity-type="file" src="/sites/default/files/inline-images/Samsung-Electronics-Vietnam-Inaugurates-04.JPG" alt="Bac Ninh, July 31, 2025, Samsung Electronics Vietnam (SEV) officially inaugurated the rooftop solar power project at the SEV factory in Yen Phong Industrial Park, Bac Ninh. " width="2048" height="1366" loading="lazy" /><figure role="group" class="caption"><img alt="Delegates visit the rooftop solar power system at SEV" data-entity-type="file" data-entity-uuid="b6a1eb60-5021-4c2f-9014-c832c65c0c82" src="/sites/default/files/inline-images/Samsung-Electronics-Vietnam-Inaugurates-05.JPG" width="2048" height="1366" loading="lazy" /><figcaption>Delegates visit the rooftop solar power system at SEV</figcaption></figure><p>With a highly experienced operations and maintenance team currently managing nearly 100 rooftop solar projects nationwide, and a proprietary 24/7 monitoring platform powered by advanced data analytics and AI, CME Solar is committed to ensuring stable performance, real-time issue detection, and long-term system efficiency for the rooftop solar project at Samsung Electronics Vietnam in Bac Ninh.</p><p>Mr. Chung Dieu Tuan, CEO of CME Solar, emphasized that the success of the project not only delivers energy efficiency but, more importantly, reflects a shared commitment between SEV and CME Solar to core values of sustainability, innovation, and responsible action — all in pursuit of a greener, low-emission economy.</p><p>Following the successful commercial operation of the rooftop solar power system, the SEV factory in Bac Ninh has officially become a model of ideal collaboration between two leading enterprises in technology and clean energy.</p></div> <div content="12" class="field field--name-field-time-to-read field--type-integer field--label-hidden field__item">12 min Read</div> <div class="field field--name-field-tags field--type-entity-reference field--label-inline field--tags"> <h3 class="field__label field--tags__label">Tags</h3> <ul class="links field__items field--tags__items"> <li class="field--tags__item"><a href="/tags/cme-solar.html" hreflang="en">cme solar</a></li> </ul> </div> <div class="primary-image field field--name-field-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/news/images/Samsung-Electronics-Vietnam-Inaugurates-06.jpg" width="2046" height="1365" alt="Samsung Electronics Vietnam Inaugurates Its First Rooftop Solar Project at Bac Ninh Factory" loading="lazy" /> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://cmenergy.vn/media/press/samsung-electronics-vietnam-inaugurates-its-first-rooftop-solar-project-bac-ninh" data-a2a-title="Samsung Electronics Vietnam Inaugurates Its First Rooftop Solar Project at Bac Ninh Factory"><a class="a2a_dd addtoany_share" href="https://www.addtoany.com/share#url=https%3A%2F%2Fcmenergy.vn%2Fmedia%2Fpress%2Fsamsung-electronics-vietnam-inaugurates-its-first-rooftop-solar-project-bac-ninh&amp;title=Samsung%20Electronics%20Vietnam%20Inaugurates%20Its%20First%20Rooftop%20Solar%20Project%20at%20Bac%20Ninh%20Factory"><img src="/themes/custom/solar/images/share.png" alt="Share"></a></span> <section data-drupal-selector="comments" class="comments"> <h2 class="comments__title">Comments</h2> <div class="add-comment"> <div class="add-comment__form"> <drupal-render-placeholder callback="comment.lazy_builders:renderForm" arguments="0=node&amp;1=483&amp;2=comment&amp;3=comment" token="ocsXEk9__5bJ3e-rKqTG6dX39LhxgNJsbQ3197rd1xg"></drupal-render-placeholder> </div> </div> </section> Fri, 01 Aug 2025 12:17:55 +0000 CME Admin 483 at https://cmenergy.vn CME Solar Commences Rooftop Solar Installation at Estec Vina Factory https://cmenergy.vn/media/press/cme-solar-commences-rooftop-solar-installation-estec-vina-factory.html <span>CME Solar Commences Rooftop Solar Installation at Estec Vina Factory</span> <span><span>Tran Khoa</span></span> <span><time datetime="2025-02-27T15:20:28+07:00" title="Thursday, February 27, 2025 - 15:20">Thu, 02/27/2025 - 15:20</time> </span> <div class="field field--name-field-subjects field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/media/press" hreflang="en">Press</a></div> </div> <div class="solar-sumary field field--name-body field--type-text-with-summary field--label-hidden field__item"><h3>On February 21, CME Solar officially commenced the installation of a rooftop solar energy system at the Estec Vina factory in Binh Duong.</h3><h5><span style="font-family:&quot;Times New Roman&quot;,serif;font-size:12.0pt;mso-fareast-font-family:&quot;Times New Roman&quot;;"><img src="/sites/default/files/inline-images/Estec_1.png" data-entity-uuid="601cb602-a3d5-4012-9c69-8313d96375f3" data-entity-type="file" alt="On February 21, CME Solar officially commenced the installation of a rooftop solar energy system at the Estec Vina factory in Binh Duong. This project marks the first renewable energy infrastructure installation at Estec Vina, a subsidiary of South Korea's Estec Group, located in the Vietnam-Singapore Industrial Park I (VSIP I) in Binh Duong Province, Vietnam. The rooftop solar project at Estec Vina, developed by the CME-Vista joint venture, is expected to generate 2,086 MWh of electricity annually. Based on Vietnam’s certified CO2 emission factor of 0.6766, this project is anticipated to reduce approximately 1,411 tons of CO2 emissions per year. The installation adheres strictly to design, legal, construction, and operational safety standards established by the CME-Vista joint venture. For Estec Vina, transitioning to renewable energy, particularly rooftop solar, is considered the fastest and most effective solution to enhance its competitiveness in exporting products to Europe, Japan, the U.S., India, and other key markets. Estec Vina is a leading manufacturer in the consumer electronics sector, with an annual production capacity of 60 million products serving both domestic and international markets. The company is also a key supplier for global brands such as Samsung, Sony, Alpine, LG, Panasonic, Kia-Hyundai, Yamaha, and Harman. According to McKinsey estimates, by 2030, carbon tax risks for export-oriented industries in Vietnam could reach $10-30 billion. Transitioning to green energy production will not only help Vietnam maintain its export competitiveness but also drive deeper emissions reductions. Vietnam is among the six countries most affected by climate change globally. At COP26, Vietnam committed to achieving net-zero emissions by 2050 and reducing methane emissions by 30% by 2030. To realize these commitments, the Prime Minister of Vietnam has emphasized that the country's COP26 pledges align with its economic restructuring plans and the global trends of green, circular, and digital economies. Mr. Chung Dieu Tuan, CEO of CME Solar and CEO of the CME-Vista joint venture, stated: &quot;With Vietnam's net-zero commitment, businesses must transition to renewable energy. CME Solar and the CME-Vista joint venture are setting ambitious goals while staying true to our core values in renewable energy development.&quot; ________________________________________ About the CME-Vista Joint Venture In August 2024, CME Solar Investment Joint Stock Company and Vista C&amp;I Global (a subsidiary of Samsung C&amp;T) officially signed a joint venture agreement to collaborate on rooftop solar energy development in Vietnam. This joint venture marks a significant milestone and supports Vietnamese businesses in transitioning toward a low-carbon economy. Through this partnership, CME-Vista will continue to strengthen its position as a leading foreign direct investment (FDI) enterprise, pioneering advanced technologies and innovative solutions for the green transformation of Vietnam’s economy." width="6240" height="3512" loading="lazy" /><p></p></span></h5><p>This project marks the first renewable energy infrastructure installation at Estec Vina, a subsidiary of South Korea's Estec Group, located in the Vietnam-Singapore Industrial Park I (VSIP I) in Binh Duong Province, Vietnam.</p><p>The rooftop solar project at Estec Vina, developed by the CME-Vista joint venture, is expected to generate 2,086 MWh of electricity annually. Based on Vietnam’s certified CO2 emission factor of 0.6766, this project is anticipated to reduce approximately 1,411 tons of CO2 emissions per year. The installation adheres strictly to design, legal, construction, and operational safety standards established by the CME-Vista joint venture.</p><p>For Estec Vina, transitioning to renewable energy, particularly rooftop solar, is considered the fastest and most effective solution to enhance its competitiveness in exporting products to Europe, Japan, the U.S., India, and other key markets.</p><p>Estec Vina is a leading manufacturer in the consumer electronics sector. With an annual production capacity of 60 million products, it serves domestic and international markets. The company is also a key supplier for global brands such as Samsung, Sony, Alpine, LG, Panasonic, Kia-Hyundai, Yamaha, and Harman.</p><p>According to McKinsey estimates, by 2030, carbon tax risks for export-oriented industries in Vietnam could reach $10-30 billion. Transitioning to green energy production will help Vietnam maintain its export competitiveness and drive deeper emissions reductions.</p><p>Vietnam is among the six countries most affected by climate change globally. At COP26, Vietnam committed to achieving net-zero emissions by 2050 and reducing methane emissions by 30% by 2030.</p><p>To realize these commitments, the Vietnamese Prime Minister has emphasized that the country's COP26 pledges align with its economic restructuring plans and the global trends of green, circular, and digital economies.</p><p><strong>Mr. Chung Dieu Tuan, CEO of CME Solar and CEO of the CME-Vista joint venture, stated:</strong></p><blockquote><p>"With Vietnam's net-zero commitment, businesses must transition to renewable energy. CME Solar and the CME-Vista joint venture are setting ambitious goals while staying true to our core values in renewable energy development."</p></blockquote><h3>About the CME-Vista Joint Venture</h3><p>In August 2024, CME Solar Investment Joint Stock Company and Vista C&amp;I Global (a subsidiary of Samsung C&amp;T) officially signed a joint venture agreement to collaborate on rooftop solar energy development in Vietnam.</p><p>This joint venture marks a significant milestone and supports Vietnamese businesses in transitioning toward a low-carbon economy. Through this partnership, CME-Vista will continue to strengthen its position as a leading foreign direct investment (FDI) enterprise, pioneering advanced technologies and innovative solutions for the green transformation of Vietnam’s economy.<span style="font-family:&quot;Times New Roman&quot;,serif;font-size:12.0pt;mso-fareast-font-family:&quot;Times New Roman&quot;;"><p></p></span></p><p class="MsoNormal" style="text-align:justify;"><span style="font-family:&quot;Times New Roman&quot;,serif;font-size:12.0pt;line-height:115%;"></span></p></div> <div content="30" class="field field--name-field-time-to-read field--type-integer field--label-hidden field__item">30 min Read</div> <div class="field field--name-field-tags field--type-entity-reference field--label-inline field--tags"> <h3 class="field__label field--tags__label">Tags</h3> <ul class="links field__items field--tags__items"> <li class="field--tags__item"><a href="/tags/cme-solar.html" hreflang="en">cme solar</a></li> <li class="field--tags__item"><a href="/tags/rooftop-solar.html" hreflang="en">rooftop solar</a></li> <li class="field--tags__item"><a href="/tags/estec-vina.html" hreflang="en">estec vina</a></li> <li class="field--tags__item"><a href="/tags/samsung.html" hreflang="en">samsung</a></li> </ul> </div> <div class="primary-image field field--name-field-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/news/images/z6357605330297_f1e2b9a0974a4f1121183d4b0afbd8fa.jpg" width="2560" height="1441" alt="CME Solar Commences Rooftop Solar Installation at Estec Vina Factory" loading="lazy" /> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://cmenergy.vn/media/press/cme-solar-commences-rooftop-solar-installation-estec-vina-factory.html" data-a2a-title="CME Solar Commences Rooftop Solar Installation at Estec Vina Factory"><a class="a2a_dd addtoany_share" href="https://www.addtoany.com/share#url=https%3A%2F%2Fcmenergy.vn%2Fmedia%2Fpress%2Fcme-solar-commences-rooftop-solar-installation-estec-vina-factory.html&amp;title=CME%20Solar%20Commences%20Rooftop%20Solar%20Installation%20at%20Estec%20Vina%20Factory"><img src="/themes/custom/solar/images/share.png" alt="Share"></a></span> <section data-drupal-selector="comments" class="comments"> <h2 class="comments__title">Comments</h2> <div class="add-comment"> <div class="add-comment__form"> <drupal-render-placeholder callback="comment.lazy_builders:renderForm" arguments="0=node&amp;1=482&amp;2=comment&amp;3=comment" token="CLTchFmCDWKFuLRkvxHRGyB156tnDFhKZkVQYPcGtPQ"></drupal-render-placeholder> </div> </div> </section> Thu, 27 Feb 2025 08:20:28 +0000 Tran Khoa 482 at https://cmenergy.vn CME Solar Won "Excellence in Solar Rooftop Solutions – Vietnam 2024" at The Global Economics Awards https://cmenergy.vn/media/press/cme-solar-won-excellence-solar-rooftop-solutions-vietnam-2024-global-economics-awards <span>CME Solar Won &quot;Excellence in Solar Rooftop Solutions – Vietnam 2024&quot; at The Global Economics Awards</span> <span><span>Tran Khoa</span></span> <span><time datetime="2025-02-07T15:00:19+07:00" title="Friday, February 7, 2025 - 15:00">Fri, 02/07/2025 - 15:00</time> </span> <div class="field field--name-field-subjects field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/media/press" hreflang="en">Press</a></div> </div> <div class="solar-sumary field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><a href="https://cmenergy.vn/"><span style="box-sizing:border-box;margin:0;padding:0;text-align:left;">CME Solar</span></a><span style="box-sizing:border-box;margin:0;padding:0;text-align:left;"> Investment JSC (CMES) is thrilled to announce its recognition as the recipient of the prestigious <strong>"Excellence in Solar Rooftop Solutions—Vietnam 2024"</strong> award at the <strong>Global Economics Awards</strong>. This achievement celebrates CMES's commitment to delivering high-quality rooftop solar energy solutions but also reinforces its leadership in Vietnam's renewable energy sector.</span></p><img data-entity-uuid="29e088ce-717f-460b-bee3-7c7a036dd7a9" data-entity-type="file" src="/sites/default/files/inline-images/z6249163860347_9009b3a96446e9d9f57564ffeb471001.jpg" width="250" class="align-center" height="2568" loading="lazy" /><h3>Driving Renewable Energy Excellence</h3><p>As a pioneer in Vietnam’s rooftop solar industry, <a href="https://cmenergy.vn/">CME Solar</a> has established itself as a trusted partner for commercial and industrial (C&amp;I) businesses seeking sustainable energy solutions. Backed by the <strong>Vietnam Oman Investment Fund (VOI)</strong>, CMES provides end-to-end energy systems that adhere to international standards in health, safety, and environmental practices.</p><p><span style="box-sizing:border-box;margin:0;padding:0;text-align:left;">Our comprehensive portfolio includes a wide range of successful rooftop solar projects across Vietnam, such as partnerships with globally recognized brands like <strong>Samsung, Foxconn, and LG Innotek</strong>. These projects underscore our ability to deliver innovative, scalable, and impactful solutions tailored to our clients.</span></p><h3>Recognition of Expertise and Impact</h3><p>The <strong>"Excellence in Solar Rooftop Solutions"</strong> award reflects CMES's dedication to innovation, reliability, and sustainability in renewable energy. This accolade is a testament to the company’s expertise in:</p><ul><li>Delivering energy systems that significantly reduce carbon footprints.</li><li>Supporting businesses in achieving net-zero targets.</li><li>Offering unique investment models, such as the <strong>"Zero Client Risk Investment Model,"</strong> which eliminates financial barriers for businesses adopting rooftop solar solutions.</li></ul><h3>Transforming Vietnam’s Energy Landscape</h3><p>In line with Vietnam’s <strong>Net-Zero 2050 Vision</strong>, <a href="https://cmenergy.vn/">CME Solar</a> remains committed to driving the nation’s energy transition. By 2025, CMES aims to achieve a cumulative capacity of <strong>300MWp of rooftop solar installations</strong>, reinforcing its role as a key player in sustainable development.</p><p><em>"This award motivates us to continue advancing our mission of empowering businesses with clean energy solutions,"</em> said <strong>Chung Dieu Tuan</strong>, CEO of CME Solar. <em>"Our journey is fueled by the trust of our clients, the expertise of our team, and the shared vision of a sustainable future for Vietnam."</em></p><h3>Building Trust Through Transparency</h3><p>At CME Solar, we prioritize trust and transparency in all our operations. With a robust track record of client success, our solutions have consistently delivered measurable environmental and economic benefits. Some highlights include:</p><ul><li><strong>150+ successful rooftop solar installations</strong> for leading multinational corporations.</li><li><strong>Reduction of over 256,250 tons of CO2 annually</strong> through our projects.</li><li>Strong partnerships with global industry leaders, ensuring the highest quality and innovation in our systems.</li></ul><h3>About CME Solar</h3><p>CME Solar Investment JSC (CMES) is a leading provider of rooftop solar energy solutions in Vietnam, specializing in C&amp;I sectors. Backed by VOI, CMES is dedicated to driving renewable energy adoption through innovative, risk-free investment models and world-class project execution.</p><p>To explore our projects and discover how CMES can help your business transition to renewable energy, visit our <a href="https://cmenergy.vn/project"><span>Project Portfolio</span></a> or contact us for a consultation. Together, we can create a greener, more sustainable future.</p></div> <div class="field field--name-field-paragraph field--type-entity-reference-revisions field--label-hidden field__items"> <div class="field__item"> <div class="paragraph paragraph--type--content paragraph--view-mode--default"> </div> </div> </div> <div content="30" class="field field--name-field-time-to-read field--type-integer field--label-hidden field__item">30 min Read</div> <div class="field field--name-field-tags field--type-entity-reference field--label-inline field--tags"> <h3 class="field__label field--tags__label">Tags</h3> <ul class="links field__items field--tags__items"> <li class="field--tags__item"><a href="/tags/cme-solar.html" hreflang="en">cme solar</a></li> </ul> </div> <div class="primary-image field field--name-field-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/news/images/z6296224894632_da43cf513ff5204a43869c4dd117cccd.jpg" width="2560" height="1703" alt="CME Solar Won Excellence in Solar Rooftop Solutions Vietnam 2024 at The Global Economics Awards" loading="lazy" /> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://cmenergy.vn/media/press/cme-solar-won-excellence-solar-rooftop-solutions-vietnam-2024-global-economics-awards" data-a2a-title="CME Solar Won &quot;Excellence in Solar Rooftop Solutions – Vietnam 2024&quot; at The Global Economics Awards"><a class="a2a_dd addtoany_share" href="https://www.addtoany.com/share#url=https%3A%2F%2Fcmenergy.vn%2Fmedia%2Fpress%2Fcme-solar-won-excellence-solar-rooftop-solutions-vietnam-2024-global-economics-awards&amp;title=CME%20Solar%20Won%20%22Excellence%20in%20Solar%20Rooftop%20Solutions%20%E2%80%93%20Vietnam%202024%22%20at%20The%20Global%20Economics%20Awards"><img src="/themes/custom/solar/images/share.png" alt="Share"></a></span> <section data-drupal-selector="comments" class="comments"> <h2 class="comments__title">Comments</h2> <div class="add-comment"> <div class="add-comment__form"> <drupal-render-placeholder callback="comment.lazy_builders:renderForm" arguments="0=node&amp;1=477&amp;2=comment&amp;3=comment" token="MYZa5U0st5lBWD6Li77zC3V-zUYwLd_DCYaHzO16dOQ"></drupal-render-placeholder> </div> </div> </section> Fri, 07 Feb 2025 08:00:19 +0000 Tran Khoa 477 at https://cmenergy.vn https://cmenergy.vn/media/press/cme-solar-won-excellence-solar-rooftop-solutions-vietnam-2024-global-economics-awards#comments CME Solar and Samsung Investment Vehicle Forge Joint Venture to Transform Vietnam’s Rooftop Solar Sector https://cmenergy.vn/media/press/cme-solar-and-samsung-investment-vehicle-forge-joint-venture-transform-vietnams-rooftop <span>CME Solar and Samsung Investment Vehicle Forge Joint Venture to Transform Vietnam’s Rooftop Solar Sector</span> <span><span>Tran Khoa</span></span> <span><time datetime="2024-12-24T14:14:18+07:00" title="Tuesday, December 24, 2024 - 14:14">Tue, 12/24/2024 - 14:14</time> </span> <div class="field field--name-field-subjects field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/media/press" hreflang="en">Press</a></div> </div> <div class="solar-sumary field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><a href="https://cmenergy.vn/">CME Solar</a> Investments (CME) has partnered with Vista Global, an investment vehicle of Samsung C&amp;T, in a groundbreaking joint venture to accelerate the development of rooftop solar energy in Vietnam. This strategic collaboration marks a significant milestone in Vietnam’s renewable energy journey, focusing on advancing clean energy solutions for a sustainable future.</p><h2>Advancing Solar Rooftop Energy Across Vietnam</h2><p>The CME-Vista joint venture represents a shared commitment to fostering sustainable energy practices and aiding Vietnam’s transition to a low-carbon economy. By pooling their resources, expertise, and technologies, CME Solar and Vista Global aim to enhance the deployment of rooftop solar systems nationwide, catering to the rising energy demands of businesses and industries.</p><p>Leveraging CME’s deep local insights and Vista Global’s extensive global experience, the partnership is set to deliver high-performance solar solutions. CME’s track record of deploying over 5,000 MWp of solar projects worldwide underscores the robust technical and financial foundation behind this initiative.</p><h2>Innovation and Sustainability in Solar Rooftop Projects</h2><p>The alliance combines Samsung C&amp;T’s advanced financial and technical expertise with CME’s proven implementation capabilities. This synergy is designed to ensure the success of large-scale rooftop solar projects that align with Vietnam’s renewable energy goals. Additionally, the partnership contributes to global sustainability efforts by promoting innovative energy models and cutting-edge solar technologies.</p><p>The joint venture emphasizes a shared vision of achieving net-zero emissions by 2050. With a focus on accelerating the adoption of clean energy solutions, the CME-Vista collaboration aims to transform Vietnam’s energy landscape and establish a strong foundation for a greener future.</p><h2>A Step Towards Vietnam’s Renewable Energy Goals</h2><p>This agreement also reinforces Samsung C&amp;T’s dedication to environmental stewardship and sustainability. By leveraging innovative investment models and advanced solar technologies, CME Solar and Vista Global are paving the way for a revolutionary approach to rooftop solar energy in Vietnam.</p><p>As the nation’s energy demands continue to rise, this strategic partnership promises to play a pivotal role in driving Vietnam’s renewable energy transformation. Through this collaboration, <a href="https://cmenergy.vn/">CME Solar</a> and Vista Global solidify their positions as leaders in the solar rooftop sector, delivering impactful solutions for a sustainable tomorrow.</p><p>Samsung C&amp;T Corporation, founded in 1938, is a global corporation with four business groups: engineering and construction, trading and investment, fashion, and resorts. It has evolved into a major player in the global construction industry with remarkable projects including the Burj Khalifa in Dubai, the Petronas Towers in Kuala Lumpur, and Incheon Grand Bridge.</p></div> <div content="15" class="field field--name-field-time-to-read field--type-integer field--label-hidden field__item">15 min Read</div> <div class="field field--name-field-tags field--type-entity-reference field--label-inline field--tags"> <h3 class="field__label field--tags__label">Tags</h3> <ul class="links field__items field--tags__items"> <li class="field--tags__item"><a href="/tags/cme-solar.html" hreflang="en">cme solar</a></li> </ul> </div> <div class="primary-image field field--name-field-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/news/images/JV%20Samsung_Signing_%E1%BA%A2nh%20chung.jpg" width="2560" height="1442" alt="CME Solar and Samsung Investment Vehicle Forge Joint Venture to Transform Vietnam’s Rooftop Solar Sector" loading="lazy" /> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://cmenergy.vn/media/press/cme-solar-and-samsung-investment-vehicle-forge-joint-venture-transform-vietnams-rooftop" data-a2a-title="CME Solar and Samsung Investment Vehicle Forge Joint Venture to Transform Vietnam’s Rooftop Solar Sector"><a class="a2a_dd addtoany_share" href="https://www.addtoany.com/share#url=https%3A%2F%2Fcmenergy.vn%2Fmedia%2Fpress%2Fcme-solar-and-samsung-investment-vehicle-forge-joint-venture-transform-vietnams-rooftop&amp;title=CME%20Solar%20and%20Samsung%20Investment%20Vehicle%20Forge%20Joint%20Venture%20to%20Transform%20Vietnam%E2%80%99s%20Rooftop%20Solar%20Sector"><img src="/themes/custom/solar/images/share.png" alt="Share"></a></span> <section data-drupal-selector="comments" class="comments"> <h2 class="comments__title">Comments</h2> <div class="add-comment"> <div class="add-comment__form"> <drupal-render-placeholder callback="comment.lazy_builders:renderForm" arguments="0=node&amp;1=474&amp;2=comment&amp;3=comment" token="qAdSSBYRn8uiha-JKx-JaEalTOwcD3UmHZ44CBDbOxs"></drupal-render-placeholder> </div> </div> </section> Tue, 24 Dec 2024 07:14:18 +0000 Tran Khoa 474 at https://cmenergy.vn https://cmenergy.vn/media/press/cme-solar-and-samsung-investment-vehicle-forge-joint-venture-transform-vietnams-rooftop#comments NORSK SOLAR SIGNS DEAL WITH CME SOLAR TO PROMOTE SOLAR ENERGY SOLUTIONS https://cmenergy.vn/media/press/norsk-solar-signs-deal-cme-solar-promote-solar-energy-solutions.html <span>NORSK SOLAR SIGNS DEAL WITH CME SOLAR TO PROMOTE SOLAR ENERGY SOLUTIONS</span> <span><span>Tran Khoa</span></span> <span><time datetime="2024-01-10T22:08:41+07:00" title="Wednesday, January 10, 2024 - 22:08">Wed, 01/10/2024 - 22:08</time> </span> <div class="field field--name-field-subjects field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/media/press" hreflang="en">Press</a></div> </div> <div class="solar-sumary field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><strong>Mata Energy Co. Ltd - a joint venture between CME Solar and Norsk Solar established on 24th July 2023 while TWO market leaders with ONE mission - to safeguard Mother Earth!</strong></p><p>Backed by Nor Fund and Finn Fund, a major Nordic sovereign wealth, Norsk Solar was established since 2017 operating in 4 countries and 3 continents with a total operating capacity of 100 MWH, and entered the Vietnam market since 2020.</p><p>Established in 2019, and headquartered in Ho Chi Minh City, CME Solar is a leading player C&amp;I distributed energy market in Vietnam and Cambodia, with over 150 MWp operating rooftop solar projects and 120 MWp operating capacity as of August 2023 and significant C&amp;I clientele, including Foxconn, LG, Hwaseung, Lotte and Puratos.</p><figure role="group" class="caption"><img alt="NORSK SOLAR SIGNS DEAL WITH CME SOLAR TO PROMOTE SOLAR ENERGY SOLUTIONS" data-entity-type="file" data-entity-uuid="2f91e8ed-0d66-4fb3-a577-b3a93c8ea4ef" src="/sites/default/files/inline-images/NORSK-SOLAR-SIGNS-DEAL.png" width="1680" height="948" loading="lazy" /><figcaption>Mata Energy Co. Ltd - a joint venture between CME Solar and Norsk Solar</figcaption></figure><p>To further strengthen our market leadership and expansion in other key ASEAN markets such as the Phillippines and Indonesia, CMES has been actively establishing joint ventures with strategic partners in separated market segments and pursuing regional M&amp;A transactions leveraging on market coverage of the JV partners and M&amp;A targets, and CME’s centers of excellence in technical, financing, business development, project managemnet and O&amp;M. We are proud to announce the establishment of Mata Energy Co., Ltd with Norsk Solar on 24th July 2023. This is our second joint venture after the first joint venture, which was established on May 29th, 2023 with Sumitomo Forestry.</p><p>Let’s club hands with CME Solar and our partners to flight climate change and make Southeast Asia a greener home for the next generations.</p></div> <div content="22" class="field field--name-field-time-to-read field--type-integer field--label-hidden field__item">22 min Read</div> <div class="field field--name-field-tags field--type-entity-reference field--label-inline field--tags"> <h3 class="field__label field--tags__label">Tags</h3> <ul class="links field__items field--tags__items"> <li class="field--tags__item"><a href="/tags/solar.html" hreflang="en">Solar</a></li> </ul> </div> <div class="primary-image field field--name-field-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/news/images/NORSK-SOLAR-SIGNS-DEAL-02.png" width="1680" height="944" alt="NORSK SOLAR SIGNS DEAL WITH CME SOLAR TO PROMOTE SOLAR ENERGY SOLUTIONS" loading="lazy" /> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://cmenergy.vn/media/press/norsk-solar-signs-deal-cme-solar-promote-solar-energy-solutions.html" data-a2a-title="NORSK SOLAR SIGNS DEAL WITH CME SOLAR TO PROMOTE SOLAR ENERGY SOLUTIONS"><a class="a2a_dd addtoany_share" href="https://www.addtoany.com/share#url=https%3A%2F%2Fcmenergy.vn%2Fmedia%2Fpress%2Fnorsk-solar-signs-deal-cme-solar-promote-solar-energy-solutions.html&amp;title=NORSK%20SOLAR%20SIGNS%20DEAL%20WITH%20CME%20SOLAR%20TO%20PROMOTE%20SOLAR%20ENERGY%20SOLUTIONS"><img src="/themes/custom/solar/images/share.png" alt="Share"></a></span> <section data-drupal-selector="comments" class="comments"> <h2 class="comments__title">Comments</h2> <div class="add-comment"> <div class="add-comment__form"> <drupal-render-placeholder callback="comment.lazy_builders:renderForm" arguments="0=node&amp;1=444&amp;2=comment&amp;3=comment" token="kB8Ukb7pThAoqHk-UgUeiuC6eRyHFCh3aAPdQlK8x2w"></drupal-render-placeholder> </div> </div> </section> Wed, 10 Jan 2024 15:08:41 +0000 Tran Khoa 444 at https://cmenergy.vn AN VI LTD. EMBRACES GREEN ENERGY WITH NEW SOLAR PROJECT IN AN GIANG PROVINCE https://cmenergy.vn/media/press/vi-ltd-embraces-green-energy-new-solar-project-giang-province.html <span>AN VI LTD. EMBRACES GREEN ENERGY WITH NEW SOLAR PROJECT IN AN GIANG PROVINCE</span> <span><span>Tran Khoa</span></span> <span><time datetime="2024-01-10T21:46:21+07:00" title="Wednesday, January 10, 2024 - 21:46">Wed, 01/10/2024 - 21:46</time> </span> <div class="field field--name-field-subjects field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/media/press" hreflang="en">Press</a></div> </div> <div class="solar-sumary field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>We are thrilled to announce that An Vi Ltd., a leading client in the feeding industry, has made a remarkable leap towards sustainability by switching to green energy. An Vi Ltd. has recently launched a new solar project in An Giang Province, showcasing its commitment to environmental responsibility.</p><p>The solar project, fully invested by CME Solar boasts an impressive capacity of 1.5 MWp (megawatt peak), capable of generating 2 megawatt-hours (MWh) of clean energy annually. This significant investment not only allows An Vi Ltd to significantly reduce its energy costs but also makes a substantial positive impact on the environment.</p><p>By utilizing solar energy, An Vi Ltd. will contribute to a considerable reduction in CO2 emissions. It is estimated that this solar project will help the company mitigate up to 1,577 tons of CO2 emissions each year. Such a substantial decrease in greenhouse gas emissions plays a crucial role in combating climate change and preserving our planet for future generations.</p><p>Moreover, the decision to switch to solar energy provides An Vi Ltd. with a competitive advantage in the market. By embracing sustainable practices, the company can position itself as an environmentally responsible business, appealing to conscientious consumers. This newfound advantage opens doors for An Vi Ltd. to explore and expand its feeding product exports even in challenging markets.</p><p>The team at CME Solar is excited about this transition to green energy and the positive impact it will have on both the company's operations and the environment. As a responsible corporate citizen, An Vi Ltd. remains committed to prioritizing sustainability and actively contributing to a greener and more sustainable future.</p><p>Let's celebrate this remarkable achievement and support An Vi Ltd. as they continue their journey towards a greener future!</p></div> <div content="18" class="field field--name-field-time-to-read field--type-integer field--label-hidden field__item">18 min Read</div> <div class="field field--name-field-tags field--type-entity-reference field--label-inline field--tags"> <h3 class="field__label field--tags__label">Tags</h3> <ul class="links field__items field--tags__items"> <li class="field--tags__item"><a href="/tags/solar.html" hreflang="en">Solar</a></li> </ul> </div> <div class="primary-image field field--name-field-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/news/images/EMBRACES-GREEN-ENERGY.png" width="1686" height="868" alt="AN VI LTD. EMBRACES GREEN ENERGY WITH NEW SOLAR PROJECT IN AN GIANG PROVINCE" loading="lazy" /> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://cmenergy.vn/media/press/vi-ltd-embraces-green-energy-new-solar-project-giang-province.html" data-a2a-title="AN VI LTD. EMBRACES GREEN ENERGY WITH NEW SOLAR PROJECT IN AN GIANG PROVINCE"><a class="a2a_dd addtoany_share" href="https://www.addtoany.com/share#url=https%3A%2F%2Fcmenergy.vn%2Fmedia%2Fpress%2Fvi-ltd-embraces-green-energy-new-solar-project-giang-province.html&amp;title=AN%20VI%20LTD.%20EMBRACES%20GREEN%20ENERGY%20WITH%20NEW%20SOLAR%20PROJECT%20IN%20AN%20GIANG%20PROVINCE"><img src="/themes/custom/solar/images/share.png" alt="Share"></a></span> <section data-drupal-selector="comments" class="comments"> <h2 class="comments__title">Comments</h2> <div class="add-comment"> <div class="add-comment__form"> <drupal-render-placeholder callback="comment.lazy_builders:renderForm" arguments="0=node&amp;1=441&amp;2=comment&amp;3=comment" token="0N0q1xsPI1Dwrx71d9_pc-vL1FbdkDeYAzKJ7FzFxD0"></drupal-render-placeholder> </div> </div> </section> Wed, 10 Jan 2024 14:46:21 +0000 Tran Khoa 441 at https://cmenergy.vn CME SOLAR TAKES PRIDE IN BEING HONORED FOR ITS SUBSTANTIAL CONTRIBUTION TO VIETNAM'S SUSTAINABLE DEVELOPMENT https://cmenergy.vn/media/press/cme-solar-takes-pride-being-honored-its-substantial-contribution-vietnams-sustainable <span>CME SOLAR TAKES PRIDE IN BEING HONORED FOR ITS SUBSTANTIAL CONTRIBUTION TO VIETNAM&#039;S SUSTAINABLE DEVELOPMENT</span> <span><span>Tran Khoa</span></span> <span><time datetime="2023-11-16T22:34:51+07:00" title="Thursday, November 16, 2023 - 22:34">Thu, 11/16/2023 - 22:34</time> </span> <div class="field field--name-field-subjects field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/media/press" hreflang="en">Press</a></div> </div> <div class="solar-sumary field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><strong>On November 16, 2023, the conference, themed "Taking Responsibility, Taking Action," explores the vital issues of climate change and the advancement of sustainable development in collaboration with Vietnamese authorities and the business community. Moreover, this gathering also pays tribute to the endeavors of nearly 40 local and international businesses dedicated to initiatives over the past five years!</strong></p><p>CME Solar takes pride in being honored for its substantial contribution to Vietnam's sustainable development and its steadfast commitment to ESG/CSR. This includes initiatives like donating rooftop solar systems to rural schools. Through these activities, we aim not only to support cost savings on electrical bills but also to educate students about the importance of renewable energy for sustainable growth.</p><figure role="group" class="caption"><img alt="CME SOLAR TAKES PRIDE IN BEING HONORED FOR ITS SUBSTANTIAL CONTRIBUTION TO VIETNAM'S SUSTAINABLE DEVELOPMENT" data-entity-type="file" data-entity-uuid="b7fbf25d-56e2-4edf-8ec6-7579d219b3d5" src="/sites/default/files/inline-images/solar-takes-pride.png" width="1686" height="944" loading="lazy" /><figcaption>On November 16, 2023, the conference, themed "Taking Responsibility, Taking Action," explores the vital issues of climate change and the advancement of sustainable development in collaboration with Vietnamese authorities and the business community</figcaption></figure><p>We express our sincere to Vietnam Investment Review for your outstanding efforts in hosting and organizing this impactful event, creating a platform for learning, sharing, and collectively envisioning a greener future.</p></div> <div content="26" class="field field--name-field-time-to-read field--type-integer field--label-hidden field__item">26 min Read</div> <div class="primary-image field field--name-field-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/news/images/solar-takes-pride-02.png" width="1682" height="954" alt="CME SOLAR TAKES PRIDE IN BEING HONORED FOR ITS SUBSTANTIAL CONTRIBUTION TO VIETNAM&#039;S SUSTAINABLE DEVELOPMENT" loading="lazy" /> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://cmenergy.vn/media/press/cme-solar-takes-pride-being-honored-its-substantial-contribution-vietnams-sustainable" data-a2a-title="CME SOLAR TAKES PRIDE IN BEING HONORED FOR ITS SUBSTANTIAL CONTRIBUTION TO VIETNAM&#039;S SUSTAINABLE DEVELOPMENT"><a class="a2a_dd addtoany_share" href="https://www.addtoany.com/share#url=https%3A%2F%2Fcmenergy.vn%2Fmedia%2Fpress%2Fcme-solar-takes-pride-being-honored-its-substantial-contribution-vietnams-sustainable&amp;title=CME%20SOLAR%20TAKES%20PRIDE%20IN%20BEING%20HONORED%20FOR%20ITS%20SUBSTANTIAL%20CONTRIBUTION%20TO%20VIETNAM%27S%20SUSTAINABLE%20DEVELOPMENT"><img src="/themes/custom/solar/images/share.png" alt="Share"></a></span> <section data-drupal-selector="comments" class="comments"> <h2 class="comments__title">Comments</h2> <div class="add-comment"> <div class="add-comment__form"> <drupal-render-placeholder callback="comment.lazy_builders:renderForm" arguments="0=node&amp;1=448&amp;2=comment&amp;3=comment" token="ifz2MQAiik5jv6_X-Y5FvzwfA9WeA9lY66-vMdMDp7s"></drupal-render-placeholder> </div> </div> </section> Thu, 16 Nov 2023 15:34:51 +0000 Tran Khoa 448 at https://cmenergy.vn https://cmenergy.vn/media/press/cme-solar-takes-pride-being-honored-its-substantial-contribution-vietnams-sustainable#comments THE AGREEMENT SIGNED TO DEPLOY 700MWP ROOFTOP SOLAR POWER SYSTEM AT NAM DINH VU INDUSTRIAL PARK https://cmenergy.vn/media/press/agreement-signed-deploy-700mwp-rooftop-solar-power-system-nam-dinh-vu-industrial-park <span>THE AGREEMENT SIGNED TO DEPLOY 700MWP ROOFTOP SOLAR POWER SYSTEM AT NAM DINH VU INDUSTRIAL PARK</span> <span><span>Tran Khoa</span></span> <span><time datetime="2023-11-09T22:30:52+07:00" title="Thursday, November 9, 2023 - 22:30">Thu, 11/09/2023 - 22:30</time> </span> <div class="field field--name-field-subjects field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/media/press" hreflang="en">Press</a></div> </div> <div class="solar-sumary field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><strong>Sao Do Group and green energy developer CME Solar Investment JSC (CMES) have signed a cooperation agreement to invest in a rooftop solar power system at Nam Dinh Vu Industrial Park in Hai Phong, aimed at meeting the Government's sustainable development mission and emission target.</strong></p><p>Accordingly, at the signing event, industrial park investor Sao Do Group and CMES introduced a prospective cooperation agreement, intending to support businesses in Nam Dinh Vu Industrial Park to access and utilise clean power sources with optimal cost efficiency.</p><p>The total solar power capacity that can be installed for the entire Nam Dinh Vu Industrial Park is expected to exceed 1GWp. Therefore, the two companies aim to develop the project at 50MWp in the first phase by mid-2024, increasing to 200MWp by 2025 and 700MWp by 2030.</p><p>The initiative also aims to reduce carbon emissions, making an important contribution to the sustainable development of the industrial park. The agreement also marks the first step for Sao Do and CMES to expand other renewable initiatives in the near future.</p><p>Nam Dinh Vu Industrial Park, with a scale of 1,329ha, owns four functional subdivisions with a modern, synchronous and complete infrastructure and is expected to expand further over the next few years.</p><figure role="group" class="caption"><img alt="THE AGREEMENT SIGNED TO DEPLOY 700MWP ROOFTOP SOLAR POWER SYSTEM AT NAM DINH VU INDUSTRIAL PARK" data-entity-type="file" data-entity-uuid="b00d3dca-9d7b-4650-9c81-ac4fa0e71440" src="/sites/default/files/inline-images/DEPLOY-700MWP-ROOFTOP-02.png" width="1682" height="836" loading="lazy" /><figcaption>Industrial park investor Sao Do Group and CMES introduced a prospective cooperation agreement</figcaption></figure><p>With a prime location in the Hai Phong Economic Zone, this industrial park is considered to have great appeal towards investors, both designed in combination with the seaport system and logistics services in northern Vietnam and is expected to become a national logistics service centre by 2025.</p><p>Currently, the industrial park has attracted 65 domestic and international projects, including foreign ones from Japan, the Republic of Korea, China, Germany, France and Singapore, with diverse industries such as garments, furniture and electronics.</p><p>Enterprises in Nam Dinh Vu Industrial Park have signed cooperation agreements to promote green development in the industrial park, prioritising environmentally friendly technologies and deploying renewable energy in production and business activities through rooftop solar power systems.</p><p>This also helps reduce pressure on the national electricity system, especially during the peak dry season. Businesses are also increasing their use of renewable energy, integrating with Vietnam's commitment to achieving net-zero emissions by 2050.</p></div> <div content="25" class="field field--name-field-time-to-read field--type-integer field--label-hidden field__item">25 min Read</div> <div class="primary-image field field--name-field-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/news/images/DEPLOY-700MWP-ROOFTOP-01.png" width="1684" height="944" alt="THE AGREEMENT SIGNED TO DEPLOY 700MWP ROOFTOP SOLAR POWER SYSTEM AT NAM DINH VU INDUSTRIAL PARK" loading="lazy" /> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://cmenergy.vn/media/press/agreement-signed-deploy-700mwp-rooftop-solar-power-system-nam-dinh-vu-industrial-park" data-a2a-title="THE AGREEMENT SIGNED TO DEPLOY 700MWP ROOFTOP SOLAR POWER SYSTEM AT NAM DINH VU INDUSTRIAL PARK"><a class="a2a_dd addtoany_share" href="https://www.addtoany.com/share#url=https%3A%2F%2Fcmenergy.vn%2Fmedia%2Fpress%2Fagreement-signed-deploy-700mwp-rooftop-solar-power-system-nam-dinh-vu-industrial-park&amp;title=THE%20AGREEMENT%20SIGNED%20TO%20DEPLOY%20700MWP%20ROOFTOP%20SOLAR%20POWER%20SYSTEM%20AT%20NAM%20DINH%20VU%20INDUSTRIAL%20PARK"><img src="/themes/custom/solar/images/share.png" alt="Share"></a></span> <section data-drupal-selector="comments" class="comments"> <h2 class="comments__title">Comments</h2> <div class="add-comment"> <div class="add-comment__form"> <drupal-render-placeholder callback="comment.lazy_builders:renderForm" arguments="0=node&amp;1=447&amp;2=comment&amp;3=comment" token="fIuPtPR0r4Ghx2E5oon9YtwB6stB9URtyL1XINMjgVI"></drupal-render-placeholder> </div> </div> </section> Thu, 09 Nov 2023 15:30:52 +0000 Tran Khoa 447 at https://cmenergy.vn https://cmenergy.vn/media/press/agreement-signed-deploy-700mwp-rooftop-solar-power-system-nam-dinh-vu-industrial-park#comments CME SOLAR SECURES USD 20 MILLION INVESTMENT FROM RESPONSABILITY CLIMATE FUNDS https://cmenergy.vn/media/press/cme-solar-secures-usd-20-million-investment-responsability-climate-funds.html <span>CME SOLAR SECURES USD 20 MILLION INVESTMENT FROM RESPONSABILITY CLIMATE FUNDS</span> <span><span>Tran Khoa</span></span> <span><time datetime="2023-08-15T22:16:21+07:00" title="Tuesday, August 15, 2023 - 22:16">Tue, 08/15/2023 - 22:16</time> </span> <div class="field field--name-field-subjects field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/media/press" hreflang="en">Press</a></div> </div> <div class="solar-sumary field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><strong>Ho Chi Minh City / Zurich 15 August, 2023 — Vietnam-based solar power developer, CME Solar Investments (CME Solar), has obtained 20 million USD as long-term senior secured financing from the Swiss-based global impact investor, responsAbility. This investment represents responsAbility's most substantial commitment to climate financing to date, bringing the total investment in CME Solar to USD 32 million by 2023. The success of their initial investment two years ago, marked by CME Solar’s technical achievements and adherence to environmental and social standards, has provided a solid foundation for this continued collaboration with responsAbility.</strong></p><p>CME Solar, established 4 years ago, is a member of the CME Group and is recognized as the rapidly advancing solar entity in the Vietnam market. The company predominantly invests in and promotes rooftop solar solutions tailored for the Commercial and Industrial (C&amp;I) sector in Vietnam. By mid-2023, CME Solar had installed up to 100 Megawatts Peak (MWp) and has plans to add another 150 MWp in 2024. In line with its operations, CME Solar is dedicated to adhering to the environmental and social (E&amp;S) standards, aiming to balance social welfare, economic growth, and environmental protection.</p><h2>Debt financing and expansion</h2><p>Following responsAbility's initial debt funding in 2021, CME Solar has consistently met its obligations to its investors. responsAbility has therefore provided an additional facility of USD 20 million in the form of long-term senior secured debt financing to be split in 2 phases (Phase 1 for USD 12.8 million and Phase 2 for USD 7.2 million). A notable project funded by this initiative is the Foxconn Solar Project in Bac Giang - Bac Ninh, Vietnam, boasting a capacity of 31.5 MWp, which is substantial enough to power approximately 40 million kWh and save up to 20,000 tons of CO2 annually. This project adopted advanced N-type PV technology throughout and emphasized Health, Safety, and Environment (HSE) standards. Completed in just three months without any environmental Incidents, the success of the Foxconn project and others in Vietnam reflects the strong partnership between responsAbility and CME Solar.</p><h2>Enhancing solar initiatives across Vietnam</h2><p>After this recent round of financial support, responsAbility’s total investment in CME Solar stands at around 32 million USD. This ranks as one of the most significant investments in a non-financial institution in Vietnam as of 2023. Both parties are committed to the ongoing development of solar power systems, anticipating continued environmental benefits.</p><figure role="group" class="caption"><img alt="CME SOLAR SECURES USD 20 MILLION INVESTMENT FROM RESPONSABILITY CLIMATE FUNDS" data-entity-type="file" data-entity-uuid="3256f106-0f0f-4aa8-9e90-782e15038453" src="/sites/default/files/inline-images/CME-SOLAR-SECURES-USD.png" width="1680" height="1190" loading="lazy" /><figcaption>Chung Dieu Tuan, CEO of CME Solar Investments</figcaption></figure><h2>Supporting Vietnam’s solar ambitions</h2><p>The additional funds enable CME Solar to tackle a range of projects, primarily aimed at improving commercial and industrial (C&amp;I) solar initiatives across a wide spectrum of sectors in Vietnam. This includes manufacturing, electronics, food, beverages, and textiles. The goal is to launch with an impressive capacity of 50 MWp. This substantial capacity not only contributes to the reduction of about 30,000 tons of CO2 annually but also allows end-users to claim around 62,000 Renewable Energy Certificates (REC). This effort, aligned with the UN's Net Zero targets, underscores the commitment to a more sustainable and eco-friendly future.</p><h2>CEO’s vision for Vietnam’s solar growth</h2><p>Chung Dieu Tuan, CEO of CME Solar Investments, sees a growing demand for rooftop solar installations in Vietnam, particularly within the FDI manufacturing sectors like electronics, semiconductors, garments, textiles, and global MNC consumer areas. Tuan cites government support as a driving factor for the potential expansion of rooftop solar energy in Vietnam over the next decade. He also appreciates the efforts of his team in adhering to international standards in all projects and believes CME Solar is on track to meet its targets this year.</p><h2>responsAbility’s commitment to impact investing partnerships</h2><p>Stefan Issler, Head of Climate Finance Direct Investments stated, "Our investment in CME Solar emphasizes our dedication to renewable energy. Drawing from our past experiences, we recognize the value of partnerships in advancing impact investing. We're confident about the potential of Vietnam's solar market, particularly with C&amp;I consumers aiming to streamline operational costs. CME Solar has built a commendable network in Vietnam, collaborating with recognized offtakers like Foxconn and LG. Our financial backing for CME Solar aims to fill a pivotal funding need in a sector crucial for both economic and societal progression.</p><p>responsAbility Investments AG is a leading impact asset manager specializing in private market investments across three investment themes to directly contribute to the United Nations Sustainable Development Goals (SDGs): Financial Inclusion, to finance the growth of Micro &amp; SMEs; Climate Finance, to contribute to a net zero pathway; and Sustainable Food, to sustainably feed an ever-growing population. All responsAbility investment solutions target specific measurable impact alongside market returns.  Since its inception in 2003, responsAbility has deployed over USD 13 billion in impact investments. With over 200 employees collaborating across seven offices, as of 1 March 2023 the company manages USD 4.8 billion in assets across approximately 280 portfolio companies in 74 countries. Since 2022 responsAbility is part of M&amp;G plc, the international savings, and investments business, and contributes to enhancing M&amp;G's capabilities in impact investing.</p></div> <div content="22" class="field field--name-field-time-to-read field--type-integer field--label-hidden field__item">22 min Read</div> <div class="field field--name-field-tags field--type-entity-reference field--label-inline field--tags"> <h3 class="field__label field--tags__label">Tags</h3> <ul class="links field__items field--tags__items"> <li class="field--tags__item"><a href="/tags/solar.html" hreflang="en">Solar</a></li> </ul> </div> <div class="primary-image field field--name-field-image field--type-image field--label-hidden field__item"> <img src="/sites/default/files/news/images/CME-SOLAR-SECURES-USD-02.png" width="1708" height="798" alt="CME SOLAR SECURES USD 20 MILLION INVESTMENT FROM RESPONSABILITY CLIMATE FUNDS" loading="lazy" /> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://cmenergy.vn/media/press/cme-solar-secures-usd-20-million-investment-responsability-climate-funds.html" data-a2a-title="CME SOLAR SECURES USD 20 MILLION INVESTMENT FROM RESPONSABILITY CLIMATE FUNDS"><a class="a2a_dd addtoany_share" href="https://www.addtoany.com/share#url=https%3A%2F%2Fcmenergy.vn%2Fmedia%2Fpress%2Fcme-solar-secures-usd-20-million-investment-responsability-climate-funds.html&amp;title=CME%20SOLAR%20SECURES%20USD%2020%20MILLION%20INVESTMENT%20FROM%20RESPONSABILITY%20CLIMATE%20FUNDS"><img src="/themes/custom/solar/images/share.png" alt="Share"></a></span> <section data-drupal-selector="comments" class="comments"> <h2 class="comments__title">Comments</h2> <div class="add-comment"> <div class="add-comment__form"> <drupal-render-placeholder callback="comment.lazy_builders:renderForm" arguments="0=node&amp;1=445&amp;2=comment&amp;3=comment" token="HrnKxRHYZMfqsif2oox3yxWmcJc9AY9Hco2ybI20pf0"></drupal-render-placeholder> </div> </div> </section> Tue, 15 Aug 2023 15:16:21 +0000 Tran Khoa 445 at https://cmenergy.vn