Changshin and SPEV Sustainability Team Up to Deploy Solar Power and Advance RE100 Goals in Vietnam

Changxin Factory Solar Power System Deployment Contract Signing Ceremony

On March 5 2026, SPEV Sustainability Việt Nam and Changshin Đồng Nai signed a landmark agreement to implement a rooftop solar energy system at Changshin’s manufacturing site in Vietnam, marking a significant step in both companies’ environmental, social and governance (ESG) commitments and long‑term clean energy strategy. 

The signing ceremony in Ho Chi Minh City also saw the participation of Nuriflex Việt Nam, which will serve as the project’s main contractor (EPC). The collaboration represents a shared vision to reduce carbon emissions and progressively transition towards 100 % renewable energy use in line with RE100 targets. 

At the event, Kim Si Jung, CEO of Changshin, emphasized that investing in renewable energy is an integral part of the company’s long‑term environmental strategy and global competitiveness. He highlighted the importance of clean energy solutions in reducing reliance on traditional fossil fuels and aligning operations with increasingly stringent international ESG standards. 

Representing SPEV Sustainability, Nguyễn Thanh Phát, CEO, stressed that the project is more than a commercial venture — it reflects a genuine commitment to supporting Changshin’s carbon reduction roadmap and advancing sustainability performance across the enterprise. SPEV Sustainability will work closely with Changshin and the EPC team to ensure quality, safety and timely delivery. 

The project will be rolled out in stages, starting with an initial 1.25 MWp installation, with plans to expand to over 30 MWp across multiple Changshin facilities in the coming years. This phased approach is designed to optimize investment efficiency while laying the foundation for broader deployment of clean energy systems across the company’s operations. 

In addition to rooftop solar installation, Nuriflex plans to integrate advanced energy management technologies, including IoT‑enabled Factory Energy Management Systems (FEMS), to monitor and optimize energy consumption in real time. There are also plans to explore virtual power plant (VPP) models that could aggregate distributed energy resources for more efficient grid integration. 

This partnership between SPEV Sustainability, Changshin and Nuriflex highlights a growing trend of corporate collaborations to accelerate clean energy adoption and support Vietnam’s broader transition to sustainable power systems.