Bangkok, Thailand — 28 February 2025 — Constant Energy has entered into a groundbreaking 20-year strategic partnership with Scavi Hue Company a leader in Vietnam’s textile and garment industry, to support its transition to renewable energy and contribute to Vietnam’s net-zero 2050 emissions goal. The partnership includes the installation of a 1,245 kWp solar rooftop at Scavi Hue’s factory at Phong Thu Ward, Phong Dien District, Hue City.
As part of the partnership, Constant Energy will propose a full package of comprehensive energy solution that includes advanced technologies such as battery energy storage systems (BESS) and green hydrogen, ensuring stable and reliable power for Scavi Hue’s operations.
The signing ceremony in Hue marks Constant Energy’s first formal partnership in Vietnam this year, following its recent collaboration with a Japanese company in Thailand, demonstrating the company’s active expansion and growing footprint in Southeast Asia. As an energy solutions expert, Constant Energy considers Scavi Hue a valuable addition to its high-quality portfolio and envisions operating assets for 30 years, showcasing long-term commitment and loyalty to its partners.
Vinh, Dang Van, Chief Finance Officer of Scavi Hue Company, commented:
“It is my honour to attend the signing ceremony between Scavi Hue Company and Constant Energy. Renewable energy is a long-term plan for us, and we hope that the two companies will cooperate not only at Scavi Hue Company’s factory but also across all of Scavi’s factories.”
Franck Constant, CEO & Founder of Constant Energy, commented:
“As we expand our footprint in Vietnam, we’re excited to collaborate with Scavi Hue Company. We sincerely thank Scavi Hue for their trust and partnership, which strengthens our shared commitment to advancing Vietnam’s energy future.”
Additionally, Constant Energy has recently inaugurated its office in Vietnam, further strengthening its presence since expanding to Ho Chi Minh City in 2020, fueling rapid regional growth.
[About SCAVI Hue Company]
SCAVI Hue is part of the SCAVI Group, a company committed to creating local job opportunities and supporting the community. Currently, SCAVI Group is operating with more than 20,000 employees and is investing in expanding its operations including the construction of a new factory in Quang Tri with an investment of up to VND 575 billion and other investment projects. This growth underscores SCAVI Hue’s dedication to both business expansion and sustainable development.
[About Constant Energy]
Constant Energy is a solar project developer and renewable electricity generation and storage investment platform which invests and manages high-quality power assets in selected countries. Since 1995, Constant Energy management has specialized in the development, non-recourse financing, design, construction, and asset management of private power projects. In 2009, the management co-founded Sonnedix in France, which has become one of the largest solar IPP operating in nine countries. In 2017, the company was successfully sold with 350 MW of operating assets to a fund advised by JP Morgan Asset Management. On ESG performance, Constant Energy is rated with 5 stars by the GRESB Sector Leader Awards Program and rated Gold by Ecovadis. More information can be found at https://constantenergy.net/
Media Contact:
Sarah Okafor
Corporate Communications
Phone: (+66) 95 667 6057
Email: sarah@constantenergy.net
Website: www.constantenergy.net
