Micro Electricity has partnered with Saigontel to develop a 300 MW solar power park in southern Vietnam and create a green energy trading platform for industrial zones.
The companies will invest USD225 million over three years by 2027, with the project expected to generate revenue by 2025. Micro Electricity will provide energy management and transaction services, helping businesses achieve green energy goals. This project supports the Vietnamese government’s recent Direct Power Purchase Agreement (DPPA) regulations, which allow companies to directly contract with renewable energy producers.