SuperGreen Energy Pte. Ltd. Signs $2.5 Billion USD Deal to Create the World’s First 1000MW Self-Charging Renewable Electric Power Plant in Vietnam

SINGAPORE / VIETNAM – September 11, 2018 – After several months of negotiations at the highest levels, SuperGreen Energy has signed a deal with an undisclosed state-owned entity (SOE) to build Vietnam’s first 1000MW (1 Gigawatt) electric power plant. Sources close to the negotiation table has reported “off-the-record” that it was a $60 trillion VND deal which is equivalent to $2.5 billion USD.

The 1000 MW power plant is the world’s first ever Self-Charging Renewable Energy Platform utilizing SuperGreen Energy’s proprietary technology. This will be the first of its kind and will be the world’s largest battery energy storage for renewable energy solution in a single location for a 1000MW power plant. For comparison’s sake, this power plant will be ten times larger than Tesla’s 100MW power plant that was assembled in South Australia last year.

The SOE wishes to remain undisclosed at this time but noted that SuperGreen Energy’s intellectual property and streamlined technology lead to their decision to choose SuperGreen Energy for this honor.

SuperGreen Energy’s CEO/Founder, Mr. Calvin Cao, cannot be any happier and stated, “All the hard work that our team has brought forth has borne fruit. But this is only the beginning. We envision the entire world using our technology.”

SUPERGREEN ENERGY is proud to bring the world’s first ever Self-Charging Renewable Energy Platform that produces clean, 100% renewable and sustainable electricity, utilizing innovative and industry-disruptive technologies. The self-charging energy platform generates power at up to an amazing 99% efficiency, which is unheard of in the renewable energy sector. This is light years beyond the current standards of 20% and 40% efficiency ratings for solar and wind turbine respectively. Our cutting edge technology is safe, reliable, cost effective and easily scalable to meet the global needs of today’s ever-changing energy landscape. Power solutions range from Kilowatts to Gigawatts and have useful applications for both deployable energy generation at the grid level as well as into electric vehicles.

SGE-$2.5B USD Deal PDF