MM Mega Market Vietnam announces multi-site solar roof project

Mar 19th at 10:41
19-03-2021 10:41:03+07:00

MM Mega Market Vietnam announces multi-site solar roof project

MM Mega Market Vietnam (MM) recently announced its “Implementation and upcoming completion of the multi solar roof project - Phase 1”. The project is one of MM’s strategies to maintain its position towards the "Green Retailer", while at the same time bringing up the inspiring mission which encourages businesses and consumers to pay more attention to use clean and renewable energy, especially focusing on sustainable development in the wholesale/retail industry.

MM Mega Market Vietnam announces multi-site solar roof project
The multi-site solar roof project will enable MM to reduce its CO2 emissions by up to 90,532 tonnes in 15 years

GreenYellow Vietnam Company is qualified as the strategic partner in this project for 12 MM centers nationwide as a result of their expertise in consulting and implementation satisfied the most requirements of MM.

Accordingly, the project was signed in January, the sites have been handed over and the construction has started since then, expected to be completed in May 2021 for phase 1. After completion of phase 1 which is encompassing at 12 centers, the installed capacity will be 5,101 kWp, which will generate up to 6,845 MWh per year (supplying up to 30 percent of the stores total electricity needs), and is expected to reach 9,416 kWp after the completion of phase 2. This multi-site solar roof project will enable MM to reduce its CO2 emissions by up to 90,532 tonnes in 15 years. 12 centers will be installed with the solar roof system in phase 1 including: Binh Phu; Hoang Mai; Hong Bang; Danang; Bien Hoa; Binh Duong; Long Xuyen; Quy Nhon; Ha Long; Nha Trang; Buon Ma Thuot; Rach Gia.

The project is one of the action plans from MM aims to respond the call of the Vietnamese government of using clean and renewable energy, especially for businesses in the commercial – industrial sectors. Therefore, MM has started searching for qualified contractors for consulting and implementation for more than one year, the bidding results recognized that GreenYellow Vietnam Company was selected as a strategic partner of MM in consulting and implementation by the evaluated criteria following: Financial capacity; Practical experiences; Standardized quality of materials; Efficient implementation strategy.

Mr. Bruno Jousselin, CEO of MM Mega Market Vietnam, shared, “MM is one of the leading companies in utilization of diverse green energy management solutions. For many years, MM Mega Market Vietnam (MM) is constantly searching for cost-optimization solutions and innovative technologies aims to maintain its sustainable development. The multi-site solar rooftop project continues to be our strong evidence which is demonstrating a long-term investment strategy and paying attention to the people, community and environment. Our vision and long run strategy are to become one of the leading Green Retailers in and even beyond Vietnam. Accordingly, this year 2021, we have plan to go further with efficient energy saving applied to all stores. We are on progress to look for potential partners joining us to enable our existing stores to be greener and to build new green ones in the years to come.”

Mr. Sébastien Prioux, Country Director of GreenYellow Vietnam, said, “GreenYellow is delighted and proud to have been chosen by MM Mega Market Vietnam for this first phase of solar roof projects across 12 stores. As an energy management company, I believe GreenYellow will be able to support MM in further reducing its carbon footprint with additional services we are able to offer, such as Energy Efficiency. This project is the first step of a long-term collaboration between our two companies.”

VietNam Economic News



RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Vietnam needs coal-fired plants for 15 years at least

Despite the associated environmental problems, Vietnam cannot do without power plants for another 15 years at least, experts say.

Furniture industry enhances links with international buyers

Despite the impacts of the COVID-19 pandemic, the woodworking industry increased exports of wood and forestry products by 16.4 per cent last year to US$13.17...

Biggest storage of fake top brand bags busted in northern Vietnam

A warehouse of fake Hermès, Louis Vuitton and Chanel products has been busted in northern Vietnam and 20,000-30,000 products confiscated.

Supporting fisheries reform: From national to local action

On March 18, 2021, the Center for Marinelife Conservation and Community Development (MCD) in collaboration with the Directorate of Fisheries and the Department of...

Deputy Minister: UKVFTA to officially enter into force on May 1

The Vietnamese Government has issued a resolution approving the UK-Viet Nam Free Trade Agreement (UKVFTA) and will complete procedures this month to officially...

Vietnam to host int’l autotech expo 2021 in May

With 300 booths, the event will provide a platform for business exchange and signing of trade deals.

Workshop promotes media role in promoting sustainable energy

A workshop held March 17 in Hanoi dealt with the launch of training course on “Strengthening the role of media to promote sustainable energy.” The workshop was...

Vietnam joins Berlin Energy Transition Dialogue 2021

The Berlin conference brings together key stakeholders in the global energy transition.

Nearly half of Vietnamese fear job losses due to automation

Forty five percent of Vietnamese are worried about losing their jobs to machines in future, a survey has found.

Retailers enduring mixed bag of results

While a number of brands are fading away in the Vietnamese retail landscape, others have stepped up their game to expand their market share.


MOST READ


Back To Top