PECC2 signs cooperation agreement under DPPA mechanism with H&M fashion company
15:32, 19/11/2024
On November 19, 2024, H&M Vietnam signed a cooperation agreement under the DPPA mechanism (Direct Power Purchase Agreement) with Power Engineering Consulting Joint Stock Company 2 (PECC2). The event marks an important step towards the sustainable development goal of this international fashion company.
The signing ceremony took place at PECC2 Innovation Hub headquarters (in Ho Chi Minh City), with the participation of Ms. Jessica Vilhelmsson - Regional Manager of H&M, and Mr. Nguyen Hai Phu - Deputy General Director of PECC2.
Mr. Nguyen Hai Phu - Deputy General Director of PECC2 and Ms. Jessica Vilhelmsson - Regional Director of H&M, signing cooperation agreement.
The event marks a new opening step for PECC2 as it is the first cooperation agreement under the DPPA mechanism signed with a major global fashion brand, contributing to helping H&M access clean electricity at a reasonable cost.
With the mission of promoting clean and sustainable energy transition, PECC2 has been developing renewable energy projects to provide clean and green electricity to large businesses such as H&M through the DPPA mechanism, helping customers access cooperation opportunities in the field of renewable energy. Through the DPPA mechanism, PECC2 commits to accompanying businesses to bring added value, ensuring long-term benefits for all parties.
Translator: Vân Ly
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