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TotalEnergies ENEOS will increase the capacity to 7.5 MWp of an existing rooftop solar array at a Nike sports shoe factory in Vietnam under a new long-term agreement with its operator, Golden Victory Vietnam Co Ltd.
The joint venture of French energy group TotalEnergies SE and Japan’s ENEOS Corporation will install more than 7,900 photovoltaic (PV) modules totaling 4.6 MWp.
TotalEnergies ENEOS will fully fund, install, and operate the PV system, while the footwear manufacturer will pay for the generated electricity for 20 years.
Golden Victory mainly produces sports shoes for Nike in its factory in Nam Dinh Province, Northern Vietnam. The company is owned by Stella International Holdings Ltd.
