Cooperating with the World Bank to develop the EIP Eco-Industrial Park model

VSSES was established in 2020, a joint venture between 3 prestigious corporations: Sembcorp Industries (Sembcorp) – a leading Energy and Urban Development Corporation, headquartered in Singapore, operating in many markets around the world; Becamex IDC Corporation (Becamex IDC) – the No. 1 industrial infrastructure investor in Vietnam and Vietnam-Singapore Industrial Park Joint Venture Company Limited (VSIP) – a leading integrated urban area and industrial park developer in Vietnam.

VSSES develops and deploys rooftop solar power solutions and energy solutions for smart cities in urban areas and industrial parks owned by Becamex in Vietnam.

This system includes the installation of solar panels on factory roofs, helping to convert sunlight into electricity. This electricity is then used directly for the production and business activities of the enterprise. In the future, VSSES will develop solar farms following the model that Semcorp has successfully invested in Singapore, China, … to meet the trend of using clean energy of enterprises as well as implementing the commitment of carbon neutrality by 2050 of the Vietnamese Government at COP26.

BENEFITS of using solutions provided by VSSES for customers: no initial investment costs, helping to reduce CO2 emissions, continuous monitoring and maintenance. Thereby, saving electricity costs, sustainable for businesses, minimizing risks.

BVP provides green and stable energy solutions for industrial parks through the transmission and distribution of electricity, solar power up to 110KV voltage level, investment in grid development, retail electricity distribution, operation management and repair of grid up to 110KV voltage level… BVP’s solutions include:

• Solar farms: BVP builds large solar farms to supply electricity to industrial parks. Electricity from these farms is connected to the grid and distributed to businesses in the industrial park.
• Energy storage system: BVP uses energy storage systems to ensure a stable power supply, even when weather conditions are unfavorable for solar power generation.
• Thanks to these solutions, VSSES and BVP not only help reduce the load on the national grid but also ensure a stable and sustainable power supply for production and business activities in the industrial park.