Nami Energy
Nami Energy is a Vietnamese renewable energy project developer, founded in 2019, that finances and operates rooftop solar systems for commercial and industrial manufacturers under 20-year no-upfront-cost PPAs, complemented by wind development and energy-sector consulting. It serves enterprise manufacturers, industrial park developers, and Korean investors across Vietnam.
- Company typePrivate
- Founded2019
- HeadquartersHo Chi Minh City, Vietnam
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Nami Energy does
Nami Energy is a Vietnamese renewable energy project developer founded in 2019 by Luu Hoang Ha, one of Vietnam's most experienced energy lawyers, and headquartered in Ho Chi Minh City with operations in Hanoi. The company operates through three core subsidiaries: Nami Solar, which invests in, installs, and operates rooftop solar photovoltaic systems for commercial and industrial (C&I) customers under long-term (typically 20-year) Power Purchase Agreements; Nami Wind, which develops wind power projects including small and large wind farms as well as individual turbines; and Nami Energy Consulting, a boutique advisory arm providing entry strategy, policy representation, M&A, joint venture, financing, and exit advice for energy-sector clients in Vietnam. The technical foundation is conventional distributed solar PV (with battery storage and energy efficiency overlays referenced), and quality has been validated by a leading European independent engineering consultant, with Nami securing one of the first rooftop-solar fire safety certificates issued in Dong Nai Province.
Nami's business model is anchored in the rooftop solar PPA, in which the company finances, owns, and operates the on-site system while customers pay only for the electricity generated at rates lower than grid power, with no upfront capital outlay. Revenue streams therefore include (i) recurring 20-year electricity payments from PPAs (subscription model), (ii) professional services fees from Nami Energy Consulting, and (iii) capital-light managed-services economics from joint ventures such as the US$200M partnership with SK ecoplant targeting 250 MWp of distributed solar. Customers are enterprise C&I manufacturers — concentrated in textiles, garments, cables, lingerie, and industrial parks — together with industrial zone developers (Sonadezi, Capella Land) and Korean manufacturers operating in Vietnam. Pricing is not publicly disclosed and follows Vietnamese regulatory reference rates (e.g., 8.38 US cents/kWh under Decision 13) for qualifying projects.
Go-to-market is enterprise field sales combined with strategic channel partnerships. Nami engages directly with C-suite decision-makers at large manufacturers, signs PPAs through direct corporate engagement, and leverages industrial park developer relationships (Sonadezi, Capella Land) plus international partnerships (SK ecoplant, NS BlueScope Lysaght, Clime Capital/SEACEF II) to access customer pipelines and capital. The company's leadership team brings deep regulatory expertise — instrumental in shaping Vietnam's renewable energy framework including Decision 13 and Decree 80/2024/ND-CP on Direct Power Purchase Agreements — which positions Nami favorably as Vietnam's DPPA market opens. The company has 11-50 employees and remains privately held.
Nami Energy firmographics
Firmographics- Name
- Nami Energy
- Legal name
- Nami Energy
- Website
- https://namienergy.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Nami Energy is a Vietnamese renewable energy project developer, founded in 2019, that finances and operates rooftop solar systems for commercial and industrial manufacturers under 20-year no-upfront-cost PPAs, complemented by wind development and energy-sector consulting. It serves enterprise manufacturers, industrial park developers, and Korean investors across Vietnam.
- Ownership category
- akta.pro rank
Nami Energy industry classification
Industry- Product category
- Commercial Solar Energy Services
- NAICS
- Solar Electric Power Generation (221114)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ)
- akta.pro secondary industries
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Renewable Energy Asset O&M (Wind, Solar, Hydro, Geothermal) (EUAEAGAB)
Keywords
Where Nami Energy is headquartered
LocationHeadquarters
- HQ city
- Ho Chi Minh City
- HQ country
- Vietnam
- HQ region
- Asia
Offices2 records
Markets served
Nami Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Solar Power Purchase Agreements (PPAs): Nami Solar invests in, installs and operates rooftop solar systems. Customers purchase the electricity generated at rates lower than grid power, paying for solar energy consumed on-site with no upfront investment required. Revenue comes from long-term PPAs (typically 20 years) generating recurring electricity payments.
- Energy Consulting Services: Nami Energy Consulting provides advisory services for energy sector investment in Vietnam including entry strategy, policy representation, business planning, project development, transaction advice (joint venturing, M&A, financing), and exit strategies. This is a professional services revenue stream.
- Joint Venture Investments: Nami participates in joint ventures (e.g., with SK ecoplant) for distributed solar development. The partnership aims to produce 250 MWp of rooftop solar installations with ~US$200 million investment over several years.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | No upfront cost rooftop solar model |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Nami Energy product offering
Product offeringCore offering
Nami Energy develops, finances, installs, and operates rooftop solar PV systems and wind power projects for commercial and industrial clients in Vietnam under long-term (typically 20-year) Power Purchase Agreements, requiring no upfront investment from customers. The company also provides boutique energy-sector consulting covering market entry, policy advocacy, M&A, financing, and project development advisory. Operations are run through subsidiaries Nami Solar, Nami Wind, and Nami Energy Consulting.
Product overview
Nami Energy operates as a renewable energy company offering three distinct but complementary services. The core offerings include Nami Solar (rooftop solar investment solutions via PPAs), Nami Wind (wind power project development), and Nami Energy Consulting (advisory services for energy sector M&A and project development). The company functions as both a project developer and independent power producer, providing solar and wind energy solutions primarily to commercial and industrial clients across Vietnam.
Differentiator
Problem solved
Functional benefit
Products and services
- Nami Solar (rooftop solar PPA solutions) Rooftop solar investment, installation, and operation service for commercial and industrial clients in Vietnam, delivered via long-term (typically 20-year) Power Purchase Agreements that require no upfront capital from the customer. Nami finances, installs, and operates the system, and the customer pays for the on-site solar electricity consumed at rates lower than grid power.
- Nami Wind Wind-power project development service in Vietnam, offering investment opportunities in small and large wind farms as well as individual turbines for partners and investors.
- Nami Energy Consulting Boutique advisory service for energy sector clients in Vietnam, covering entry strategy, policy representation and advocacy, business planning, project development, transaction advice (joint venturing, M&A, financing), and exit strategies.
Quantifiable outcome
- 1 MWp rooftop solar system produces ~1,000 less tons of CO2 annually, equivalent to planting 33,000 trees
- +4 more outcomes
Companies that use Nami Energy
Customer profileNamed customers13 records
Segments4 records
Ideal customer profiles3 records
Nami Energy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Nami Energy partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core, major and standard.
- SK ecoplantcoreSK ecoplant (green investment arm of SK Group) and Nami Solar formed a joint development agreement in December 2021, targeting 250 MWp of rooftop solar installations with ~US$200 million investment over several years. The partnership serves as platform for SK ecoplant to become a major global renewable energy investor while helping Nami achieve its vision of leading distributed solar company in Vietnam.
- NS BlueScope Lysaght VietnammajorStrategic cooperation agreement between Australia's steel solution expert and Nami Solar to jointly develop integrated solutions for rooftop solar systems. Partnership covers design consulting, commissioning and maintenance, combining BlueScope's steel roof expertise with Nami's solar capabilities to maximize investment returns for clients.
- Sonadezi CorporationcoreLong-term strategic partnership with major Vietnamese industrial zone developer. Nami Solar developed rooftop solar at Sonadezi's Chau Duc Industrial Park (0.7 MWp) and Dong Nai Port (1.6 MWp). Sonadezi plans 50 MWp of solar installations across its industrial parks. Dowaco (Sonadezi subsidiary) also signed separate PPA.
- Capella LandmajorMOU signed for developing RTS and sustainable energy solutions across Capella Land's industrial parks. Capella has developed 6 IPs on 1,100 hectares with 7 more on 2,500 hectares in development. Partnership aims to create eco-industrial parks with shared economic opportunities and innovative responsible business practices.
- New CCmajorEngineering and construction company partnered with Nami Solar to provide total sustainable energy solutions for its 14-hectare industrial complex in Binh Dinh province. 2.2 MWp rooftop solar system put into commercial operation, reducing 50,000 tons of CO2 emissions.
- Lee & Suy VinastandardKorean manufacturing company benefiting from RTS electricity provided by Nami Solar under JV framework with SK ecoplant.
- Samil VinastandardKorean manufacturing company benefiting from RTS electricity provided by Nami Solar under JV framework with SK ecoplant.
- Samil TextilestandardKorean textile company receiving ~3 MWp total RTS from Nami Solar alongside Lee & Suy Vina and Samil Vina.
- Viet Thang CorporationmajorMajor Vietnamese textile and garment exporter partnered with Nami Solar for 5.3 MWp rooftop solar installation, one of Vietnam's largest rooftop solar projects for a single manufacturer. System utilized up to 95% for Viet Thang's operations.
- Stark Corporation (ThiPha Cable)majorGlobal cable manufacturer signed 20-year PPA with Nami Solar for 6 MWp (Phase 1) + 1.5 MWp (Phase 2) rooftop solar at Long An factories. Deal expected to generate ~10 million kWh/year and avoid 150,000 tons of CO2.
- Sarah Co. Ltd.standardKorean textile and garment manufacturer signed rooftop solar PPA with Nami Solar in May 2021, commissioned August 2021.
- Speed VinastandardKorean textile manufacturer at Anh Hong Industrial Park partnered with Nami Solar for 0.35 MWp rooftop solar, helping company become more sustainable and competitive while saving electricity bills.
- Regina Miracle InternationalmajorWorld's leading lingerie designer/manufacturer (listed on HKEX) partnered with Nami Solar for 1.1 MWp (Phase I) + 2.2 MWp (Phase II planned) rooftop solar to shift to green power. Also signed separate 3.3 MWp PPA.
- EldoVinastandardSouth Korean manufacturer of handbag accessories for top US brands received 0.65 MWp rooftop solar investment from Nami Solar (Phase 1), commissioned June 2023, advancing clean supply chain operations.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Nami Energy competitors and assessment
Company assessmentDirect peers
- Cleantech Solar: Cleantech Solar is a Southeast Asia-focused provider of rooftop solar PPAs to commercial and industrial customers, very closely comparable to Nami's Nami Solar subsidiary in business model (zero-upfront solar PPA), geography (Vietnam and broader SEA), and target customer (multinational manufacturers and industrial tenants).
- GreenYellow Vietnam: GreenYellow (backed by Casino Group) develops, finances, and operates distributed solar and energy efficiency solutions for C&I clients in Vietnam and broader SEA under PPA and managed-services models, directly competing with Nami in the Vietnamese rooftop solar C&I segment.
- Bamboo Capital: Bamboo Capital is a Vietnamese investment holding group with a renewable energy arm developing solar (including rooftop C&I) and wind projects in Vietnam, directly comparable to Nami in geography, customer base (domestic manufacturers and industrial parks), and PPA business model.
Broad incumbents
- TotalEnergies ENEOS Solar (Sunseap): TotalEnergies ENEOS (formerly Sunseap) is one of the largest distributed solar developers in Southeast Asia with significant rooftop solar PPA operations in Vietnam, offering similar C&I solar solutions but as part of a much larger global energy major's portfolio.
- Sembcorp Solar Singapore: Sembcorp Industries operates distributed and utility-scale solar across Southeast Asia, including Vietnam. As a large Singapore-listed conglomerate with strong project finance capabilities, it is a broader incumbent competing for the same C&I and industrial park rooftop solar contracts as Nami.
- AC Energy (Ayala Corporation): AC Energy is the Philippines-listed renewables platform of Ayala Group with growing Southeast Asia operations including Vietnam. It competes in distributed and utility-scale solar across the region and shares Nami's IPP/PPA business model, but with far greater scale and balance sheet.
- B.Grimm Power: B.Grimm Power is a leading Thai independent power producer expanding into renewables (solar and wind) across Southeast Asia, including Vietnam. Comparable as a regional broad-incumbent renewable IPP pursuing similar C&I and industrial park solar opportunities.
- Vena Energy: Vena Energy (backed by Global Infrastructure Partners) is one of Asia-Pacific's largest renewable energy IPPs with utility-scale and distributed solar/wind across Southeast Asia, including Vietnam. It competes for similar industrial and C&I solar mandates but at much larger scale.
Regional players
- Shizen Energy: Shizen Energy is a Japan-based renewable energy developer expanding into Southeast Asia with distributed solar and PPA offerings for Japanese manufacturers' overseas factories. Comparable as a regional player leveraging home-country corporate relationships to deliver rooftop solar PPAs in Vietnam.
Emerging players
- Shinsung E&G Vietnam: Shinsung E&G (a Korean solar EPC and IPP) has built Korean-investor rooftop solar pipelines in Vietnam similar to Nami's SK ecoplant JV-backed strategy, targeting the same Korean manufacturing tenant base with rooftop solar PPAs.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Nami Energy social profiles
Digital presenceNami Energy compliance and trust
Trust signalCompliance1 record
Nami Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nami Energy leadership team
Management profileNumber of profiles
Profiles6 records
Nami Energy subsidiaries and ownership
Company hierarchySubsidiaries2 records
Nami Energy funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nami Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nami Energy
What does Nami Energy do?
Nami Energy develops, finances, installs, and operates rooftop solar PV systems and wind power projects for commercial and industrial clients in Vietnam under long-term (typically 20-year) Power Purchase Agreements, requiring no upfront investment from customers. The company also provides boutique energy-sector consulting covering market entry, policy advocacy, M&A, financing, and project development advisory. Operations are run through subsidiaries Nami Solar, Nami Wind, and Nami Energy Consulting.
Is Nami Energy a public or private company?
Nami Energy is a private company. It is classified as venture growth investor backed and is currently operating.
When was Nami Energy founded?
Nami Energy was founded in 2019. It employs 11 to 50 people.
Where is Nami Energy based?
Nami Energy is headquartered in Ho Chi Minh City, Vietnam, in the Asia region.
How does Nami Energy make money?
Three revenue lines are on record. Solar Power Purchase Agreements (PPAs) is the primary driver. The others are energy Consulting Services and joint Venture Investments.
Who are Nami Energy's main competitors?
Direct peers on record are Cleantech Solar, GreenYellow Vietnam and Bamboo Capital. Broad incumbents are TotalEnergies ENEOS Solar (Sunseap), Sembcorp Solar Singapore, AC Energy (Ayala Corporation), B.Grimm Power and Vena Energy. Shizen Energy is listed as a regional player. Shinsung E&G Vietnam is listed as an emerging player.
Does Nami Energy have an API?
No public API is recorded for Nami Energy.
What industry is Nami Energy in?
Nami Energy's product category is Commercial Solar Energy Services. Its primary akta.pro industry code is EUAMABAJ, Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization), with a secondary code of EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System). Its NAICS code is 221114 and its SIC code is 4991.