Coro Energy PLC, a Southeast Asian renewable energy developer, on December 3 announced that it has signed a deal with Mobile World Group (MWG) for the delivery of a co-located Battery Energy Storage System Pilot (BESS Pilot) at one of Coro's existing rooftop solar sites in Ho Chi Minh City.
As Việt Nam accelerates its energy transition, mobilising private financial resources is becoming essential to meeting soaring investment demands, strengthening energy security and fostering green growth.
The global carbon credit market, which Vietnam wants to join, is believed to have a value of $250 billion per annum by 2030, according to the International Emissions Trading Association (IETA).
In Việt Nam, listed companies must now include ESG information in annual reports or submit sustainability reports.
Vietnam has taken strong steps in the fight against climate change. The commitment to achieve net zero emissions by 2050 has been concretised through an action programme and various strategies, plans and projects. However, compared…
2023 marked a significant milestone for the forestry sector as Vietnam successfully sold 10.3 million forest carbon credits (10.3 million tonnes of CO2) for the first time through the World Bank (WB) for US$51.5 million.
Vietnam will need about 400 billion USD between now and 2040 to respond to climate change, according to the Climate Change Department under the Ministry of Natural Resources and Environment.

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