Quang Ninh, Vietnam – Constant Energy, a leader in renewable energy solutions, has partnered with Nam Phat Group – ranked among Vietnam’s Top 500 Enterprises – to deploy a 2.6 MWp rooftop solar project in Vietnam for Nam Phat Steel, a key subsidiary. This project marks the first phase of a broader plan to develop more solar capacity across Nam Phat Steel’s facilities, accelerating the group’s transition to sustainable energy.
Nam Phat Group reinforces its strategy to lower carbon emissions and streamline costs through this collaboration. The solar installation will power Nam Phat’s manufacturing facilities, aligning with Vietnam’s national green energy transition goals.
“We are honored to work with a prestigious industry leader like Nam Phat Group,” said Oscar Loza, Regional Head of Business Development at Constant Energy. “This project reflects our shared vision for a sustainable future, combining advanced solar technology with industrial excellence.”
As a trusted name in steel production and industrial development, Nam Phat Group continues to set benchmarks in corporate responsibility. By adopting solar energy, the company reinforces its position as an eco-conscious leader in Vietnam’s competitive market.
“This partnership is a pivotal step in Nam Phat’s green transformation,” said Lan Pham, General Director at Nam Phat Group. “With Constant Energy’s expertise, we’re scaling rooftop solar to boost competitiveness and environmental stewardship. It is also our goals to future-proofing your business against evolving regulations like the Carbon Border Adjustment Mechanism (CBAM).”
For exporters like Nam Phat, CBAM will soon make sustainability a critical factor in accessing international markets, particularly Europe. This solar project positions Nam Phat ahead of the curve, ensuring their products remain competitive in an era where carbon efficiency equals market access.
About Constant Energy
Constant Energy (“CE”) is a leading developer, owner, and operator of large-scale solar, wind, and battery storage projects across Asia. Founded in 2017, Constant Energy is an affiliate of Virya Energy Group, a global renewable energy platform with over USD 4 billion invested in clean energy and more than 850 MW of operating assets in Europe and Southeast Asia. Constant Energy specializes in the long-term development and management of high-quality renewable energy assets, with a growing portfolio of over 210 MW in solar projects across Thailand, Malaysia, and Vietnam. Backed by Virya Energy, Constant Energy leverages strong financial support and extensive industry expertise. The company operates with a dedicated regional team, ensuring efficient project execution and strong local engagement. Constant Energy upholds the highest standards of environmental, social, and governance (ESG) performance, as demonstrated by its 5-star GRESB rating and Gold rating from EcoVadis. The management team brings over 25 years of experience in the development, financing, design, construction, and asset management of private power projects. Notably, in 2009, the team co-founded Sonnedix, one of the largest solar IPPs operating in nine countries, which was successfully sold in 2017, with 350 MW of operating assets acquired by a fund advised by JP Morgan Asset Management.
More information can be found at https://constantenergy.net/
About Nam Phat Group
Nam Phat Group is one of Vietnam’s leading conglomerates in steel trading & production, shipbuilding, and maritime transportation. Beginning as a steel and roofing sheet trading company in October 2015, Nam Phat has progressively expanded into diverse sectors including rolled steel, hot-rolled & cold-rolled steel, stainless steel, sheet piles, guardrails, marine exhaust pipes, traffic signs, scaffolding systems, ship repair, shipbuilding, and maritime transport. Guided by its operational philosophy “Coexistence for Mutual Growth – Cooperation for Shared Success”, Nam Phat relentlessly enhances its market reputation through product-service excellence while continuously expanding its domestic business network and global market reach.
More information can be found at https://www.namphatsteel.com.vn/
Media Contact:
Sarah Okafor
Corporate Marketing & Communications Manager
Phone: (+66) 95 667 6057
Email: sarah@constantenergy.net
Website: www.constantenergy.net
