The Green Solutions (TGS) is proud to announce a strategic collaboration with Climate Fund Managers (CFM) to drive the growth of the hydrogen industry within the country.
In a significant step forward, Nathan Schmidt, Head of CFM's Asia Operations, underscored their shared commitment to Vietnam's green investment aspirations during a ceremony held in Ho Chi Minh City on Tuesday. The event culminated in the formal signing of a Memorandum of Understanding (MoU) between Nathan Schmidt and Winnie Huynh, Founder and CEO of TGS.
Ms. Winnie Huynh, CEO, The Green Solutions and Mr. Nathan Schmidt, head of CFM’s Asia operations.
TGS embarked on the construction of Vietnam's first-ever hydrogen plant in Tra Vinh, situated in the Mekong Delta province, earlier this year.
In addition to TGS's hydrogen endeavors, Schmidt noted CFM's significant presence in Tra Vinh, with two operational wind farms boasting a combined capacity of 132 MW. This underscores CFM's sizable investment of $330 million in Vietnam's sustainable energy landscape.
Schmidt commented, "Vietnam occupies a pivotal position as a global investment destination, particularly as the nation steers towards its laudable carbon neutrality goal by 2050. CFM is resolutely dedicated to contributing to this ambitious vision. Our partnership with TGS signifies our initial stride in catalyzing Vietnam's green hydrogen sector."
The strategic collaboration between TGS and CFM signifies a momentous leap in Vietnam's journey towards sustainable energy solutions, establishing the foundation for pioneering developments within the hydrogen industry.