HCMC, On April 25th at ING Textile factory (Binh Phuoc province, Vietnam) a Power Purchase Agreement was signed successfully between Shire Oak International and ING Textile.
Witnessing the signing ceremony were Mr. Gorden Lee (Lee Kuo Liang), General Manager and Legal Representative of ING Textile, Mr. Miguel A. Ferrer, Managing Director, Ms. Mai Hoa, Sales Director, Mr. An Vo, Sales Director, and Mr. Son Bui, Head of Marketing & PR of Shire Oak International.
Accordingly, Shire Oak International will invest in and install a rooftop solar system of 0.6 MWp on the roof of the ING Textile factory.
Commenting on the collaboration of the two partners, Mr. Miguel A. Ferrer, Shire Oak International stated: “Partnering with companies to transition to renewable energy is Shire Oak International’s motivation. By offering you a free-of-charge rooftop solar system, Shire Oak International is contributing to boosting your brand attribute among clients of a socially responsible company with a focus on using green energy. This aligns with the President’s commitment at COP26 to achieve the net-zero carbon emission target by 2030.
We are delighted to be here at ING Textile production unit and helping you to put the first step on the renewable energy path. We hope the first rooftop solar project will be a success and expanded to another production unit in the near future.”
By transitioning to green energy, companies also have opportunities to earn carbon credits and achieve certain certifications such as Leadership in Energy and Environmental Design (LEED) and International Renewable Energy Certificates (IRECs).
Established on November 22nd, 2010, ING Textile is a Taiwanese company operating in the textile and fabric finishing and fabric coating mills industry. ING Textile’s dyeing clients include famous brands such as Adidas, Decathlon, Puma, etc… Its head office is located in Binh Phuoc Province, Vietnam.
Talking about the sustainable vision, Mr. Gorden Lee (Lee Kuo Liang), General Manager and Legal Representative of ING Textile shared: “As we are operating in the dyeing industry, it is unavoidable that we produce certain waste to the environment. To make up for this, we are finding a method to power our buildings and production factories with green energy. This initiative comes from our understanding of the importance of social responsibilities, apart from business results.
We are happy to partner with Shire Oak International to turn this idea into reality.”
About Shire Oak International
Shire Oak International is a division of Shire Oak Energy, a UK developer of tidal power and solar power. Founder Mark Shorrock is a highly experienced renewable energy investor and developer, having established pioneering companies Wind Energy and Low Carbon in the UK. The Shire Oak team boasts a combined track record of over 1,000 MWp of solar energy delivered to date, including, at the time, the UK’s largest solar farm at West Raynham Airfield.
Shire Oak International is currently developing just over 3,600MW of projects across the Middle East, South East Asia, Southern Africa, and Latin America, delivering utility-scale field and rooftop solar.
Supporting local communities in all our operational regions is a key part of Shire Oak International’s work. Shire Oak is dedicating 1% of our own annual turnover in Vietnam to safeguarding its natural heritage. For every project we build, 1% of project costs are dedicated to protecting Vietnam’s nature. For every VND of revenue that the projects generate by selling power to factories over their lifecycles, we dedicate 1% of those monies to nature.
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About ING Textile
Established on November 22nd, 2010, ING Textile is a company operating in the textile and fabric finishing and fabric coating mills industry. Its head office is located in Binh Phuoc Province, Vietnam.
Shire Oak International
Son Bui, Director of Marketing & PR
Phone: +84 909300803