Representing Sungrow Renewables was Mr. Winson Jiao, Vice President of the company.

During the meeting, Mr. Winson Jiao shared insights into the company's operations in Vietnam since 2017, which was its first international market. Currently, Sungrow is implementing renewable energy projects in Vietnam with a total capacity exceeding 600MW. Notably, a 300MW wind power project in Dak Nong is in the process of completing legal procedures and is expected to negotiate electricity prices with EVN by the end of this year.

Meeting between EVN and Sungrow Renewables (China)

EVN President & CEO Nguyen Anh Tuan highly appreciated Sungrow Renewables' contributions to the renewable energy sector in Vietnam, emphasizing that EVN welcomes foreign investors with strong financial capacity and expertise. He also reaffirmed the Vietnamese government's commitment to renewable energy development to achieve carbon neutrality by 2050, as pledged at COP26. The ongoing revision of Power Development Plan VIII is being expedited by the government to create more favorable conditions for investors.

Another key topic discussed during the meeting was energy storage systems (BESS). President & CEO Nguyen Anh Tuan highlighted that with the rapid expansion of renewable energy, ensuring grid stability is a critical factor. Therefore, EVN seeks further discussions with Sungrow Renewables on energy storage solutions, including the requirement for a minimum BESS capacity of 10% for future renewable energy plants.

Both sides agreed to continue close cooperation, enhancing policy and technology exchanges while exploring new collaboration opportunities to foster the sustainable development of Vietnam's renewable energy sector.

Translator: Hoàng Duy Khánh