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Banpu, Amata form JV for solar initiative in Vietnam

November 05, 2025

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Bangkok Post

A massive rooftop solar power initiative is being developed at two industrial estates in Vietnam through a new collaboration between two Thai firms in a bid to support the host nation’s net-zero campaign.

- YUTHANA PRAIWAN

Energy conglomerate Banpu Plc and industrial estate developer Amata Corporation formed the Amata Esco Next Llc joint venture to drive the project, with registered capital of 1.1 million baht.

The project is expected to develop rooftop solar installations with a combined capacity of 227 megawatts across two of Amata’s major industrial parks in Vietnam: the 686-hectare Amata City Ha Long, and the 410-hectare Amata City Long Thanh.

Construction is expected to commence early next year. The cost of the development has not been disclosed.

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