The partnership agreement was signed on September 29, marking a step forward in green industrial development. Stavian ED, with expertise in renewable energy and power infrastructure, will work with Shinec, a pioneer in eco-industrial parks, to implement advanced solutions at Dam Ha Industrial Cluster in Quang Ninh Province.
Representatives of Stavian Electric Distribution and Shinec sign partnership agreement on carbon emission reduction solutions for industrial parks on September 29
The plan includes rooftop solar systems, BESS FARM energy storage, solar-powered lighting, renewable electricity via the Direct Power Purchase Agreement mechanism, and energy transition solutions through a liquefied natural gas supply system. The initiative aims to align investors with global sustainability standards and help manufacturing facilities obtain LEED GOLD certification.
To implement the agreement, the two companies will establish Stavian Industrial Power Distribution JSC, tasked with developing energy and industrial infrastructure projects following a Net Zero approach.
Tony Dinh Duc Thang, chairman and CEO of Stavian Group, said the group is committed to delivering comprehensive energy solutions that support Vietnam’s Net Zero target.
Chairman cum CEO of Stavian Group, Tony Dinh Duc Thang, speaks at the event
Shinec chairman and CEO Pham Hong Diep said the partnership would help new eco-industrial parks meet green criteria, cut emissions, and create opportunities in the carbon credit market.
Chairman cum CEO of Shinec, Pham Hong Diep, speaks at the event
Stavian ED is part of Stavian Group, a multinational with over 30 international branches. Shinec is currently developing 10 new industrial parks nationwide. Both firms said the cooperation lays a foundation for green investment and strengthens Vietnam’s role in the global value chain.
