Potential offtaker

Refrigeration Electrical Engineering Corporation

www.reecorp.com

Estimated electricity consumption

N/A

Countries of production presence

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Refrigeration Electrical Engineering Corporation (REE) is a leading company in Vietnam's Heating & Cooling Appliances sector. Established in 1977, REE has grown to become one of the most reputable and reliable companies in the country, providing high-quality products and services to customers across Vietnam and beyond.

REE's commitment to sustainability and decarbonisation is evident in its corporate energy strategy. The company has taken a proactive approach to reducing its carbon footprint and promoting renewable energy. REE has invested heavily in renewable energy projects, including solar and wind power, to reduce its reliance on fossil fuels and promote a cleaner, more sustainable future.

One of the key ways REE is achieving its decarbonisation goals is through corporate power purchase agreements (PPAs). These agreements allow companies to purchase renewable energy directly from a renewable energy project developer, rather than relying on traditional utilities. By entering into a corporate PPA, REE is able to secure a long-term, fixed-price agreement for renewable energy, which helps to reduce its exposure to volatile energy prices and support the development of new renewable energy projects.

In addition to its commitment to decarbonisation, REE is also focused on corporate energy efficiency. The company has implemented a range of energy-saving measures across its operations, including the installation of energy-efficient lighting and HVAC systems, and the use of energy-efficient equipment and appliances. By reducing its energy consumption, REE is able to save money on energy costs and reduce its environmental impact.

REE's commitment to sustainability and renewable energy is not only good for the environment, but it also makes good business sense. As the world moves towards a more sustainable future, companies that are able to adapt and embrace renewable energy will be better positioned to succeed in the long term. By investing in renewable energy and energy efficiency, REE is positioning itself as a leader in the Heating & Cooling Appliances sector, and as a company that is committed to sustainability and corporate social responsibility.

In conclusion, Refrigeration Electrical Engineering Corporation (REE) is a leading company in Vietnam's Heating & Cooling Appliances sector, with a strong commitment to sustainability and decarbonisation. Through its corporate energy strategy, which includes investments in renewable energy and energy efficiency, as well as corporate power purchase agreements (PPAs), REE is positioning itself as a leader in the transition to a more sustainable future. As the world continues to move towards decarbonisation and renewable energy, companies like REE will be well-positioned to succeed and thrive in the years to come.

✓ Declared Net Zero commitment