Coro Energy Plc (LON:CORO) has clinched a power purchase agreement (PPA) for a 5-MW rooftop solar plant in Vietnam that forms part of a 150-MW photovoltaic (PV) project bundle.
The UK-based and southeast Asia-focused company said in a bourse filing on Monday that Vietnamese textiles manufacturer Phong Phu has committed to buying the output 3 MW of solar capacity coming from a 5-MW rooftop PV plant. The deal has a term of 25 years.
