Coro Energy Public Limited has operationalised 47 additional rooftop solar sites in Vietnam, totalling approximately 1.4 MW of capacity. These sites are part of a broader collaboration with Mobile World Group (MWG), under which Coro will build, own, and operate solar systems across 900 MWG locations. The systems operate under a 14-year power purchase agreement (PPA), with 84 sites now generating an estimated annual cash flow of USD350,000.
The company’s rooftop solar portfolio in Vietnam, including a 3 MW project with Phong Phu Corporation, now totals 5.6 MW, contributing to annual cash flows of USD600,000. This expansion aligns with Vietnam’s growing renewable energy (RE) sector, supported by high solar irradiation in the central and southern regions and the government’s push for green energy initiatives.
