This comprehensive approach is anticipated to reduce DEEP C’s dependence on the national grid (EVN), reduce consumption of conventional electricity sources, and result in cost savings on electricity procurement, especially during peak demand periods, which will be shared with our customers. Furthermore, the adoption of renewable energy is expected to enhance DEEP C’s attractiveness as a sustainable investment hub, potentially attracting higher-quality Foreign Direct Investment (FDI) and contributing to Vietnam’s broader goals of sustainable economic growth.
Progress in Motion
DEEP C maintained the operation of two key renewable energy (RE) systems: wind turbine and solar panel systems installed on the rooftops of both its facilities and those of its clients. Green electricity generated from these sources is fed to DEEP C’s micro-grid, where it is blended with electricity from the national grid and distributed to tenants across the industrial zones.
Renewable Energy Production
International Renewable Energy Certificates (I-RECs) is one of the solutions provided by DEEP C to its clients for their carbon footprint reduction. In 2024, 5,821 I-RECs were issued based on renewable energy generated in 2023, including 3,378 I-RECs from solar power and 2,443 I-RECs from wind power, which were redeemed for DEEP C and its tenants. For the RE generation output of 2024, we expect to issue an equivalent number of I-RECs, totaling to 5,730 I-RECs.
