In July 2024, Leader Energy signed a VND593 billion ($23.13 million) green financing agreement with HSBC Bank (Vietnam) Ltd. to refinance Vinh Hao 6 (VH6), a 50MW solar power plant acquired by Leader Energy in 2023.
VH6 began commercial operations in 2019 and produces 83,000 MWh of electricity annually, hence capable of offsetting 75,131 tonnes of greenhouse gas emissions.
This partnership is a step forward in Leader Energy’s goal of expanding its renewable energy portfolio to over 500MW in Vietnam, reinforcing the country’s transition to a greener future.