Japanese gas supplier buys stake in Vietnamese PV operator

Japanese energy producer Shizuoka Gas has jumped into Vietnam's renewable energy sector with the acquisition of a 25% stake in My Son-Hoan Loc Viet Solar Energy JSC. Shizuoka Gas said that it has acquired a 25% stake in My Son-Hoan Loc Viet Solar Energy JSC (MSHLV), marking its first venture in Vietnam's renewable energy sector. Through this deal, Shizuoka Gas joins local partner Hoan Loc Viet Joint Stock Company (HLV), which holds a 60% stake, in managing the My Son solar plant in Ninh Thuan Province. The My Son facility, a 50 MW solar power plant, has been operational since 2019 and is projected ...

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