Low/decarbonized solutions using biomass fuel

DEEP C Industrial Zones signed an MoU in Japan on December 16 with Sojitz Vietnam Co., Ltd. (SJV) and Sojitz Osaka Gas Energy Co. Ltd. (SOGEC) to develop renewable energy solutions for its tenants.

The agreement was signed within the framework of the 2023 Vietnam-Japan Economy Forum, and was witnessed by Prime Minister Pham Minh Chinh and the Minister of Planning and Investment Nguyen Chi Dung.

The partners will collaborate on innovative low and de-carbonised solutions using renewable resources including biomass fuel to provide cleaner energy options for DEEP C's tenants.

DEEP C and its affiliated companies in industrial zone (IZ) development and power distribution are actively investing in reliable green energy supply.

The partnership aligns with DEEP C’s commitment to green development and leverages the combined expertise of DEEP C, a top IZ developer with a strong commitment to green development, and Sojitz, a global trading and investment company with a wealth of expertise in energy supply and renewable energy.

By creating new renewable energy projects, the partners are aiming to diversify the energy mix and reduce the carbon footprint in DEEP C's IZs.

Koen Soenens, General Sales and Marketing director at DEEP C, with representatives of Sojitz Vietnam and Sojitz Osaka

SJV, in Vietnam since 1986, has a lot of expertise and long-time experience in trading a diversified range of commodities and materials.

The company has also effectively supported Sojitz Group through the years in IZ development and power generation in Vietnam, with the successful establishment and operation of Phu My 3 build-operate-transfer power plant.

SJV is currently developing a new avenue of business in supplying biomass energy to industrial customers.

SOGEC has been supplying natural and liquified petroleum gas as well as renewable energy to industrial customers in Vietnam since 2019 through on-site solutions or centralised distribution centres with highly reliable and synchronised pipelines.

The company has been actively seeking new opportunities to supply energy to IZ tenants.

Green hydrogen production

DEEP C will cooperate with Nippon Sanso Vietnam and MCVC, a subsidiary of Mitsubishi Corporation in Vietnam, to conduct a feasibility study on green hydrogen production at DEEP C Haiphong IZ.

Koen Soenens, General Sales and Marketing director at DEEP C, with representatives of Nippon Sanso Vietnam and Mitsubishi Vietnam

Nippon Sanso, one of the top suppliers of industrial and medical gases in Vietnam with five air-separation plants in the country, is exploring the potential of green hydrogen production to meet the growing demand for clean energy solutions at the IZ.

MCVC wants to expand its business footprint and contribute to Vietnam's clean energy goals.

The third partner joining Nippon Sanso and MCVC is DEEP C Green Energy (DCGE), the sole power distributor in DEEP C Haiphong I, and a subsidiary of DEEP C Industrial Zones.

DCGE sees this collaboration as an opportunity to leverage its expertise in renewable energy infrastructure to facilitate green hydrogen production within the IZ.

By working together, Nippon Sanso, DCGE, and MCVC are demonstrating their commitment to driving Vietnam's energy transition towards a cleaner and more sustainable future.

The partnership has the potential to create a reliable and sustainable clean energy source for tenants in DEEP C Haiphong I, and creates opportunities for further investment and collaboration in the green hydrogen sector in Vietnam, potentially paving the way for a major breakthrough in Vietnam's clean energy landscape.