As the economy struggles in 2020 as a result of the pandemic and natural catastrophes, Kim Tin Group continues to implement a number of renewable energy projects in the hopes of keeping up with current trends and generating long-term value for the Group.
It’s not that Kim Tin Group doesn't get involved in the energy sector until 2020. Prior to that, Kim Tin had spent a considerable amount of time studying the market and organizing logical actions, ready to take the initiative when the opportunity presented itself.
A total of 360 billion VND was invested in 8 rooftop solar power projects by Kim Tin Group over the course of the final six months of 2020 at Kim Tin - Long An Welding Materials Factory, Tan Tao General Warehouse, FSC Vietnam Factory, Kim Tin MDF Factory, Kim Tin - Hung Yen Welding Materials Factory, C2 Hung Yen Warehouse, Kim Tin Quang Tri, and Kim Tin Da Nang. Kim Tin finished joining to the 28MWp national power grid on December 31, 2020. This will enable Kim Tin Group’s factories to take charge of their power sources, lower production costs, and increase revenue. Additionally, it helps the environment by lowering CO2 emissions by 20,000 tons.
In 2021, Kim Tin Group will keep funding solar energy projects with a combined 32MWp capacity in Dau Giay, Quang Ngai, Hung Yen, and Binh Phuoc.
With the goal of bringing clean, green energy to all industrial zones in Vietnam, Kim Tin Group will invest more than 3,000 billion VND between 2022 and 2025 to green factories and warehouses with a combined capacity of 200 MWp in Quang Ninh, Hai Duong, Hai Phong, Hung Yen, Ha Nam, Quang Tri, Hue, Quang Ngai, Binh Dinh, Nha Trang, Binh Phuoc, Dong Nai, Vung Tau, Long An, Tien Giang, Can Tho.
Marketing Department