EVM, Solarvest and PECC2 Forge Strategic Partnership to Accelerate Renewable Energy Adoption in Vietnam through the new Direct Power Purchase Agreement Mechanism (DPPA) via National Grid
HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 24 January 2025 – A Memorandum of Understanding (MoU) was signed today between, Saigon Jim Brother’s Corporation (EVM), Solarvest (Vietnam) Company Limited (“Solarvest”), and Power Engineering Consulting Joint Stock Company 2 (PECC2), marking the start of a strategic partnership aimed at accelerating the adoption of a renewable energy solution in Vietnam. This collaboration focuses on leveraging the Direct Power Purchase Agreement (DPPA) Mechanism via National Grid to supply a large amount of green electricity by Solarvest and PECC2 to EVM’s operations in Vietnam, playing a part in facilitating sustainable energy projects and drive Vietnam’s clean energy transition.
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About Solarvest (Vietnam) Company Limited
Solarvest (Vietnam) Company Limited is the subsidiary of Solarvest Holdings Berhad, Malaysia’s largest clean energy developer with multi-national presence across Asia-Pacific in 8 countries. The company is a one-stop solar photovoltaic system solution provider for residential, commercial & industrial, and utility-scale solar farms. Today, Solarvest has accumulated over 1,300MW renewable energy portfolio.
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