The development of renewable energy is considered by experts to be a global trend that will help reduce greenhouse gas emissions, contribute to combat climate change, and reduce dependence on fossil fuel extraction. With significant potential for renewable energy and a strong commitment to meeting international environmental agreements, Vietnam is implementing a roadmap to reduce coal-fired thermal power production while aiming to increase the capacity of wind and solar power generation to 31-38 Gigawatts by 2030.

Recognizing these new trends and opportunities, Helio Energy Joint Stock Company was established in 2020. Over the past few years, the company has invested and developed solar energy projects in the provinces of Binh Thuan, Binh Duong, Dong Nai, Ba Ria-Vung Tau, Dak Lak, and Dak Nong. These projects not only contribute to the national strategy for energy security and energy transition but also support the economic development of the localities where the projects are implemented.

In the coming years, renewable energy will remain the company's primary business focus. Helio Energy plans to accelerate the search for and implementation of new projects, while also continuing to enhance the efficient operation of existing projects. The company aims to gradually affirm its position as one of the leading firms in renewable energy development in Vietnam. Based on the current situation and industry reports, Helio Energy sets the goal of increasing total annual capacity through M&A activities, expanding management and operation services, providing investment consultancy for energy projects, and exploring new power generation models such as wind, biomass, geothermal, and tidal energy.

Development history

Officially established

Helio Energy Joint Stock Company, formerly known as Alpha Solar 1 Co., Ltd., was officially established and operated under Business Registration Certificate No. 0109204756 issued by the Hanoi Department of Planning and Investment on June 2, 2020, with an initial charter capital of 10 billion VND

Recognizing the immense potential of the energy sector, Helio Energy has strategically invested in the "green & clean" renewable energy field. The company has developed four rooftop solar power projects with a total capacity of nearly 4MW in the provinces of Binh Duong, Binh Thuan, Dong Nai, and Ba Ria-Vung Tau.

Year 2020

Development history

Promoting M&A implementation of 26 companies that own rooftop solar power projects in many provinces

In October 2021, Helio Energy converted its business type into a joint stock company, and increased its capital to 210 billion VND.

Next, the Company promoted M&A activities of project companies in the provinces of Binh Duong, Binh Thuan, Dong Nai, Dak Lak and Dak Nong during the year, with a total capacity of 26.20 MWp. These projects have all been recognized for operation since the end of 2020 and enjoy preferential electricity prices according to the Prime Minister's Decision on the Promotion Mechanism for Solar Power Development in Vietnam.

Year 2021

Development history

Continue to invest and develop rooftop solar power projects in Dak Nong

In 2022, Helio Energy continues to invest and develop rooftop solar power projects with a total capacity of 7.97 MWP. The projects are all operated in Dak Nong province, which has favorable natural conditions with a high and stable number of sunshine hours over the years and the highest solar radiation intensity in the country.

In November, the Company became an official member of the Vietnam Electricity Association. With the goal of becoming a comprehensive and prestigious renewable energy electricity production company in Vietnam, the Board of Directors as well as all employees of Helio Energy have continuously strived to gradually build and develop.

Year 2022

Vision

Orientation to become a leading renewable energy company in Vietnam

Missions

Contribute to promoting the development of Vietnam's renewable energy industry with creative and practical solutions

Bringing trust and sustainable added value to the community, customers, partners, and shareholders

Building a team of skilled professionals who are responsible to the community

Core values

TRUST. Always maintain the highest responsibility.

VIRTUE. Comply with the law and ethical standards of the industry and society.

INTELLIGENCE. Always creative in increasing the value of customers, partners and shareholders.

CONSCIENCE. Dedicated to creating community benefits.

Board of Management