Samsung Electronics Vietnam and CME Solar Investment join forces

Apr 25th at 13:38
25-04-2025 13:38:32+07:00

Samsung Electronics Vietnam and CME Solar Investment join forces

A groundbreaking ceremony for a rooftop solar power project at Samsung Electronics Vietnam (SEV) in Yen Phong Industrial Park of Bac Ninh province was held on April 24.

The event marked a milestone for one of the largest foreign-invested companies in Vietnam as it transitions towards sustainable development, with CME Solar Investment as a key partner.

Samsung Electronics Vietnam and CME Solar Investment join forces

The first phase of a rooftop solar energy project, invested in and implemented by CME Solar Investment at Samsung Electronics Vietnam in Yen Phong Industrial Park

The first phase will have a capacity of 2.38 MWp. It is expected to generate approximately 2.59 million kWh of clean electricity annually and help cut about 2,460 tonnes of CO₂ emissions, based on the emissions factor certified by Vietnamese authorities.

This is the first partnership between Samsung Electronics Vietnam and CME Solar to develop renewable energy infrastructure at Samsung’s manufacturing facilities across Vietnam. Beyond its role as investor, CME Solar is also responsible for the entire process – from technical design, legal procedures, and construction, to acceptance testing and operation – all in compliance with SEV’s rigorous safety and quality standards.

Speaking at the ceremony, Kim Iee Soo, general director of the SEV factory, stated: “The rooftop solar initiative launched today holds great significance, not only in terms of economic value but also in demonstrating Samsung’s commitment to environmental and social responsibility in Vietnam and across the globe. This project is a vital part of Samsung’s sustainable development strategy, contributing to environmental protection, reducing greenhouse gas emissions, and creating a greener future for generations to come.”

Samsung Electronics Vietnam and CME Solar Investment join forces

CEO of CME Solar Chung Dieu Tuan and Kim Iee Soo, general director of the SEV factory, at the groundbreaking ceremony

Chung Dieu Tuan, CEO of CME Solar, said “Vietnam is on a journey towards achieving net-zero emissions by 2050, and businesses play a pivotal role in this transition. We are confident that our collaboration with SEV will not only deliver energy efficiency but also contribute to building a greener and more sustainable future.”

Samsung Electronics Vietnam has invested over $23.2 billion in the Vietnamese market. Its manufacturing facilities for smartphones and electronic devices play a key role in Samsung’s global supply chain. The implementation of the renewable energy initiative in Bac Ninh demonstrates SEV’s strong commitment to fulfilling its environmental goals by linking economic growth with sustainable development.

This project marks the beginning of the green transformation of manufacturing operations and opens the potential for similar initiatives to be replicated across Samsung’s entire network of factories in Vietnam. Moreover, the collaboration between two leading players in the technology and energy sectors is a clear testament to the industrial sector’s robust shift towards sustainable, environmentally friendly solutions amid the global economic transition.

The groundbreaking ceremony is a significant milestone that reflects the pioneering spirit, effective partnership, and long-term commitment between Samsung Electronics Vietnam and CME Solar in supporting Vietnam’s journey towards a green, low-carbon economy. Optimising energy through rooftop solar systems will bring economic benefits and contribute meaningfully to the sustainable development of both communities and the environment.

VIR

- 11:10 25/04/2025



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