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Effective energy management, Greenhouse Gas reduction: International cooperation trends towards Vietnam's Net Zero 2050 goal

Jul 05, 2024

On July 3, 2024, Giant Barb Environment & Science Joint Stock Company (Giant Barb) and the Korea Testing & Research Institute (KTR) officially signed a cooperation agreement for two key green energy projects. The signing ceremony was attended by representatives from both sides, marking a significant milestone in Giant Barb's sustainable development efforts and contributing to the common goal of environmental protection.

Key Points of the Signing Ceremony

The signing ceremony was held with representatives from Giant Barb and the Korea Testing & Research Institute to sign a cooperation agreement for two projects “Energy Efficiency Improvement Project for Energy Consumption Water Supply Facilities of Danang City, Vietnam” and “10MW Renewable Energy rooftop PV solar and EV charging station Project in Industry Park of Ho Chi Minh City, Vietnam”.

Energy Efficiency Improvement Project for Energy Consumption Water Supply Facilities of Danang City, Vietnam: This project aims to apply advanced technological solutions to optimize the energy use system at water supply facilities in Da Nang, contributing to reducing energy consumption, saving operating costs, and protecting the environment.

10MW Renewable Energy rooftop PV solar and EV charging station Project in Industry Park of Ho Chi Minh City, Vietnam: This project aims to build a 10MW solar charging station in Ho Chi Minh City Industrial Park, providing renewable energy for electric vehicles to operate. The project contributes to promoting the use of green vehicles, reducing emissions and environmental pollution.

Mr. Le Anh Hoang, a representative of Giant Barb, said: "We are very pleased to cooperate with KTR with the support of the two governments. Following the 'Landfill Gas (LFG) Recovery Project in Hue City', we believe that KTR will be a reliable partner and accompany Giant Barb throughout its future development journey." In this cooperation, Giant Barb and KTR will jointly assess and ensure the conditions for project construction, work with the governments of each side, and provide support and focus on coordination throughout the implementation process.

The cooperation in implementing these two projects marks an important step forward in the cooperative relationship between Giant Barb and KTR. The two parties are committed to close cooperation, sharing experience and resources to successfully implement the project, contributing to the sustainable development of Vietnam.

About the Companies

Giant Barb Environment & Science Joint Stock Company is a pioneer in the field of Carbon Finance in Vietnam, providing comprehensive services such as Greenhouse Gas Inventory, ESG Reporting and Carbon Credit Market Solutions for domestic and international enterprises. The company connects individuals, investors, businesses and governments to build green projects towards the goal of carbon neutrality, contributing to global efforts in the fight against climate change.

The Korea Testing & Research Institute is an integrated testing, certification and technical consulting institute for all areas of the industry. KTR is recognized as one of the world's leading testing and technical consulting institutes, committed to serving customers with the highest professional standards and technical support.

The cooperation between Giant Barb - a leading pioneer in the field of Carbon Finance in Vietnam and the Korea Testing & Research Institute - a global name in the field of testing and technical consulting is a testament to the commitment of the two sides to promoting sustainable development in Vietnam. The two projects promise to bring many benefits to the environment, contributing to building a sustainable future for the community.

GIANT BARB SCIENCE AND ENVIRONMENT JOINT STOCK COMPANY
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Hotline: +84 995 206 666
✉️ Email: info@giantbarb.com
🏢 Headquarter: No.07 Ton That Thuyet, Dich Vong Hau ward, Cau Giay district, Ha Noi