Under the Memorandum of Understanding (MoU), Vingroup and PT. Sulsel Andalan Energi have established a strategic partnership in the renewable energy sector, focusing on large-scale solar power projects. Both parties have agreed to jointly research, develop, and capitalize on business opportunities in sustainable environmental initiatives.
Specifically, Vingroup and PT. Sulsel Andalan Energi will actively engage in comprehensive research and site surveys for solar power projects, both on land and water. They will also integrate energy storage solutions and plan grid connectivity. The capacity of these projects may range from 1 Megawatt to 1 Gigawatt.
Vingroup will provide insights into research and development, leveraging the latest green technology trends. Meanwhile, PT. Sulsel Andalan Energi will offer information on local regulations and infrastructure.
Beyond energy, Vingroup and PT. Sulsel Andalan Energi are exploring broader collaboration opportunities in various sectors.
PT. Sulsel Andalan Energi has invited Vingroup to consider participating in two smart city projects, the construction of a new 4-hectare hospital, the renovation of seven high-end hospitals in South Sulawesi, and social housing development initiatives.
Indonesia is recognized as one of Southeast Asia’s most promising markets for renewable energy. With its high solar radiation, South Sulawesi is an ideal location for large-scale solar power projects.
Unveiling Vietnam’s New Stock Market Capitalization King
Vingroup’s market capitalization soared to the highest level on the entire exchange, surpassing Vietcombank. VIC shares emerged as the strongest driver, significantly curbing the decline of the VN-Index during today’s session (September 18). However, the benchmark index failed to reverse its downward trend.
How Much Did Billionaire Pham Nhat Vuong’s Wealth Surge as VIC Overtakes VCB to Become Vietnam’s Most Valuable Stock?
Billionaire Pham Nhat Vuong’s wealth surged by $424 million as Vingroup’s stock (VIC) overtook Vietcombank (VCB) to become the largest capitalized stock on Vietnam’s stock market.
Billionaire Pham Nhat Vuong Launches Unprecedented Program to Help Users Monetize TikTok and Facebook
Billionaire Pham Nhat Vuong’s automotive brand has launched a new competition, offering prizes worth millions.
Pham Nhat Vuong Climbs the Ranks Among the World’s Wealthiest Individuals
According to Forbes, as of the afternoon of September 18th, Vingroup Chairman Pham Nhat Vuong’s net worth surged by nearly $800 million, elevating his total net worth to $14.3 billion. This impressive growth places him at the 186th position on the global billionaire list.
First Billion-Dollar Factory in Ho Chi Minh City Powered Entirely by Renewable Energy
Lego Group’s $1 billion state-of-the-art factory has commenced operations within Ho Chi Minh City’s eco-industrial park. This groundbreaking facility marks the first of its kind in the city, powered entirely by 100% renewable energy sources.
