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Wednesday, October 1, 2025

Stavian ED and Shinec sign strategic partnership agreement on carbon emission reduction solutions for industrial parks/clusters

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The signing ceremony for the strategic partnership agreement on carbon emission reduction solutions for industrial parks/clusters between Stavian Electric Distribution JSC (Stavian ED) and Shinec JSC officially took place, opening a new chapter in Vietnam’s green industrial development.

Under the agreement, Stavian ED – with expertise in renewable energy, energy efficiency solutions, and power infrastructure – will collaborate with Shinec – a pioneer in developing green and eco-industrial parks – to implement advanced solutions at Dam Ha Industrial Cluster (Quang Ninh Province). These include rooftop solar power systems, the “BESS FARM” energy storage systems manufactured by Stavian Energy Solutions JSC, solar-powered public lighting, renewable electricity supply through the Direct Power Purchase Agreement (DPPA) mechanism, and energy transition solutions via a liquefied natural gas (LNG) supply system invested by Stavian Gas JSC.

This initiative not only marks a pioneering step in applying clean energy in industrial parks but also provides a solid foundation for investors and manufacturers to align with global sustainability standards and achieve “LEED GOLD” certification in manufacturing.

To implement the agreement, the two parties will establish Stavian Industrial Power Distribution JSC (Stavian IPD). This joint venture will drive green infrastructure projects based on a comprehensive Net Zero emissions approach, creating sustainable value for investors and local communities.

Speaking at the event, Mr. Tony, Dinh Duc Thang, Chairman cum CEO of Stavian Group, emphasized: “We are proud to accompany Shinec in developing a green, modern, and sustainable industrial cluster. Stavian ED & Stavian IPD in particular, and also Stavian Group in general, are committed to delivering comprehensive energy solutions that contribute to Vietnam’s Net Zero goal, while creating added value for businesses and communities.”

Stavian ED is a member of Stavian Group – a large-scale multinational industrial – technology, and trading corporation that focuses on five core sectors: industrial production, high technology, industrial infrastructure development, energy transition, and trading & investment. Within this ecosystem, Stavian ED specializes in investing in power infrastructure for industrial clusters/zones and providing Net Zero Emission reduction solutions.

This strategic partnership between Stavian ED and Shinec reaffirms the long-term vision and strong commitment of both companies to sustainable development. The Dam Ha Industrial Cluster is expected to become a pioneering Net Zero industrial park model, contributing to the development of a low-carbon and prosperous economy.

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