Prime Minister Pham Minh Chinh received leaders of Pacifico Energy Group

Prime Minister Pham Minh Chinh received leaders of Pacifico Energy Group

Pacifico Energy Group (headquartered in the United States) is the largest solar energy investor in Japan; one of the private renewable energy corporations with high growth rates in the region and the Asian market.

From 2012 to present, Pacifico Energy has mobilized over 4.6 billion USD for dozens of projects (including solar power, wind power, offshore wind power, battery storage) with a total capacity of about 8.5 GW globally, focusing on Japan, the U.S., Korea and Vietnam.

In Vietnam, Pacifico Energy is currently the largest renewable energy investor in the United States with the 40 MW Mui Ne solar power project in Binh Thuan and the 30 MW Sunpro wind power project in Ben Tre.

At the meeting, Chairman of Pacifico Energy Group, Mr. Nate Franklin highly appreciated the establishment of a comprehensive strategic partnership between Vietnam and the United States and Prime Minister Pham Minh Chinh's business trip to the United States.

He said that Vietnam, along with Japan and Korea, are the three most important markets of the Group. He wishes to continue investing in the field of renewable energy in Vietnam and share ideas for developing wind power outside the country of Vietnam.

The Prime Minister affirmed that Vietnam always welcomes, encourages and creates favorable conditions for foreign investors, including investment projects in the field of renewable energy in the spirit of "harmonious benefits, "shared risks" between the State, businesses, and people and comprehensively calculate all five factors including power source, power load, distribution, use of electricity and electricity price suitable to people's ability to pay, businesses and the economy.

The Government of Vietnam welcomes and encourages Pacifico Energy Group's new ideas and investment plans in renewable energy and clean energy projects as well as commits to accompany, support and create all conditions. Favorable for Pacifico Energy and its partners to deploy effective, successful and sustainable business investment activities in Vietnam. The Prime Minister requested the Group to coordinate with agencies and partners in Vietnam to implement projects according to regulations, ensuring publicity and transparency.

Photo: VGP/Nhat Bac, Prime Minister Pham Minh Chinh receives Chairman of Pacifico Energy Group Nate Franklin
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