Samsung boosts renewable energy in Vietnam facilities

Quick Summary:

With the implementation of the DPPA, Samsung Electronics' Vietnam facilities can now purchase renewable energy from private power producers, strengthening the institutional foundation for securing renewable energy.

The DPPA system permits companies to enter into contracts for a certain amount of renewable energy directly with private power producers, the state-operated Vietnam Electricity (EVN).

The Vietnamese government on Wednesday issued a decree allowing companies to directly purchase renewable energy from private power producers through the direct power purchase agreement (DPPA) system.

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Article Details

Category: Economy

Markets: South KoreaVietnam

Topics: Power Samsung Vietnam Dppa Energy Private Renewable Producers Electronics System Purchase

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-10 @ 13:44:39 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 129 words

Reading Time: 1 minutes read

Sentences: 11 lines

Sentence Length: 12 words per sentence (average)

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Copyright Owner: © Korea Economic Daily

News ID: 21561785

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