Vingroup and PV Power signed a cooperation agreement to develop green energy to enhance business efficiency and competitiveness, November 22.
Through cooperation, the two sides share a vision of sustainable development and agree to prioritize the use of each other’s products and services to maximize business potential.
Mr. Nguyen Viet Quang, Vice President and General Director of Vingroup (5th from left) and Mr. Le Nhu Linh, General Director of PV Power (6th from left) with representatives of two businesses at the signing ceremony . Image: Vingroup
Specifically, with its strengths in the field of energy business, PV Power will research and provide green electricity and energy saving solutions for Vingroup. The unit also developed a plan to provide electricity at competitive prices for Vingroup and its member units.
Vingroup will create conditions for PV Power to research and install rooftop solar power systems at factories, offices, and infrastructure managed by the group. This also applies to urban areas nationwide.
In the field of electric vehicle charging stations, V-Green company of Vingroup develops charging station infrastructure for electric vehicles. Through the new agreement, PV Power will manufacture and supply high quality equipment at competitive prices for V-Green. The network of 1,000 electric vehicle charging stations planned by PV Power will soon be transferred to V-Green to continue developing and serving customers.
Mr. Nguyen Viet Quang, Vice President and General Director of Vingroup, shared that this cooperative relationship is not only aimed at sustainable business development, but also contributes to the overall development of the country. “With the cooperation from PV Power on energy sources and Vingroup on electric vehicle technology, we will create a modern green energy infrastructure,” Mr. Quang believes.
Mr. Le Nhu Linh, General Director of PV Power, said that the cooperation agreement between the two parties promises to create a breakthrough in green transportation infrastructure development. At the same time, it also promotes the use of renewable energy to achieve the Government’s goal of reducing net emissions to zero (Net Zero).
Currently, V-Green plans a network of 150,000 charging ports for cars and electric motorbikes nationwide. With the cooperation from PV Power, network expansion and conversion to green energy are expected to be strongly promoted in the near future.