ACEN CORPORATION (“ACEN”), through its subsidiary, ACEN Vietnam Investments Pte. Ltd., moves forward on signing the Shareholders’ Agreement and other definitive agreements for the closing of the acquisition of Super Energy Corporation Public Company Limited’s (“SUPER“) solar power business in Vietnam. This strategic partnership follows the share purchase agreement signed by the two companies in…
The joint venture is collaborating with Honeywell to integrate Vietnam’s first grid-connected battery energy storage system (BESS) project in the 50 MWp Khanh Hoa Solar plant The project aims to demonstrate the commercial viability, reliability and efficiency of battery energy storage in Vietnam Co-funded by U.S. Mission Vietnam, the pilot project will help Vietnam meet…
Monsoon Wind will be the largest renewable energy platform for regional connectivity and decarbonization in Southeast Asia The first cross-border wind project, electricity generated will be sold to Vietnam Electricity (EVN) Monsoon Wind has close to $1 billion of project cost, ACEN to have ~24% economic stake 10 April 2023 – ACEN, the energy platform…
Joint venture achieves a significant milestone with the 88 MW Ninh Thuan wind farm Second partnership between ACEN and the BIM Group after the 405 MW Ninh Thuan solar farm, one of the largest in Southeast Asia ACEN now has ~1,000 MW of renewables capacity in Vietnam in operation and under construction The wind farm…
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