1 December 2020

Vietnam

SC is launching a solar power generation business at its Thang Long Industrial Park II (Hung Yen) (hereinafter, “TLIP II”) in Vietnam to supply green electricity to its tenant companies.

Given the increasing focus on ESG on the back of global warming issues, demand for green electricity has risen around the world in recent years especially in the manufacturing sector, which consumes large quantities of electricity. To respond to society’s call for green energy, SC will start generating solar power of around one megawatt at TLIP II, which it will supply to its tenants on a stable basis. The Company will supply green electricity from solar power without using government subsidies, and aims to expand the Business to its industrial parks in other countries, as well as beyond industrial parks, eventually generating several hundred megawatts of solar power in total.

SC strives to not only reduce and remove the CO2 emitted by business activities across the SC Group, but also contribute toward achieving a carbon-neutral society by implementing initiatives with its business partners.

Solar Power Panels