Asia Clean Capital Vietnam

What Asia Clean Capital Vietnam does

Asia Clean Capital Vietnam (ACCV) is a Ho Chi Minh City-based distributed solar photovoltaic and battery energy storage developer and operator serving commercial and industrial (C&I) clients across Vietnam. Established in August 2020 as the Vietnam arm of Asia Clean Capital (founded 2010, backed by Goldman Sachs and DCIF), ACCV targets multinational manufacturers and industrial companies — including Nestle, Coca-Cola, Unilever, Volkswagen, Schindler, Mapletree, Motul, TERUMO BCT, Universal Alloy Corporation Vietnam, Fujitsu, Danone, Andritz, and Freetrend — typically in the 1-20 MW range with multi-site Vietnamese operations facing Scope 2 emissions, energy cost, and EU CBAM/supply-chain ESG pressure.

The company's technical platform comprises four core product lines: Rooftop Solar Photovoltaic (RTS), Building Integrated Photovoltaics (BIPV), Battery Energy Storage Systems (BESS/ESS), and Ground Energy Systems (GES), deliverable as standalone or integrated solutions. ACCV operates an end-to-end service model covering design, engineering, equipment procurement, government approvals, installation, and long-term operations and maintenance. A complementary add-on is a blockchain-based carbon data management platform (powered by Allinfra) that provides MRV-compliant ESG reporting and traceable digital Renewable Energy Certificates. Quantified project outcomes include 12-82% offsets of client annual electricity demand and 800-5,869 tons of CO2 avoided per installation.

The business model is a 100% project capital investment / zero-CapEx-for-client structure under long-term (15-25 year) Power Purchase Agreements, with ACCV retaining asset ownership and selling electricity to clients at rates competitive with or below grid pricing. Revenue is therefore subscription/recurring in nature, contractually anchored to long-duration PPAs. Distribution is direct enterprise sales, supplemented by memberships in AmCham, EuroCham, and KOCHAM, and active participation in Vietnam Energy Week and Industry Connect events. In April 2023, ACCV received a convertible loan investment from SUSI Partners via the SUSI Asia Energy Transition Fund, and in March 2026 was acquired outright by UK-based Gresham House under that fund, becoming the sole equity-owned platform in its Southeast Asian OASIS C&I renewable energy platform.

Name

Asia Clean Capital Vietnam

Legal name

Asia Clean Capital Vietnam Company Limited (ACCV)

Website

https://asiacleancapital.vn

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Asia Clean Capital Vietnam (ACCV) is a Ho Chi Minh City-based distributed solar PV and battery energy storage developer and operator serving commercial and industrial clients across Vietnam under long-term power purchase agreements. The company finances 100% of project costs and supplies multinational manufacturers including Nestle, Coca-Cola, Unilever, and Volkswagen.

Ownership category

akta.pro rank

Product category

Commercial and Industrial Solar Energy Services

NAICS

Solar Electric Power Generation (221114)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

CSP Plant Development & EPC (Parabolic Trough, Tower, Linear Fresnel, Dish) (EUACAGAE)

akta.pro secondary industry

Solar Balance-of-Plant EPC (Piles/Foundations, Trenching, Combiner Networks) (EUAEADAJ)

Keywords

• Rooftop solar PV
• Battery energy storage
• Commercial industrial renewables
• Power purchase agreements
• Corporate decarbonization solutions

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Electricity Sales via PPA: ACCV invests 100% of project costs, installs and operates solar/battery systems at client facilities, and sells clean electricity back to clients at competitive rates below grid prices under long-term Power Purchase Agreements (PPAs) typically spanning 15-25 years. The company retains ownership of the assets while clients avoid capital expenditure.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Asia Clean Capital Vietnam (ACCV) is a distributed solar photovoltaic project developer and operator serving commercial and industrial clients in Vietnam. The company invests 100% of project capital, installs and operates rooftop solar PV, battery energy storage, building-integrated photovoltaics, and ground energy systems at client facilities, and sells the resulting clean electricity back to clients at below-grid rates under long-term Power Purchase Agreements (PPAs) typically spanning 15-25 years.

Product overview

ACCV is a distributed clean energy solutions developer serving Vietnam's commercial and industrial (C&I) sector. The company operates as a platform-plus-services model: it provides four core technology products — Rooftop Solar PV (RTS), Building Integrated Photovoltaics (BIPV), Battery Energy Storage System (BESS/ESS), and Ground Energy Systems (GES) — each available as standalone or integrated solutions. ACCV finances 100% of project costs and delivers an end-to-end service package encompassing design, engineering, equipment procurement, government approvals, installation, and long-term operation and maintenance. A complementary add-on is the Carbon Data Management Platform (blockchain-based, via Allinfra) which provides MRV-compliant ESG reporting and carbon credit traceability. All electricity produced is sold back to clients at below-grid rates under long-term PPAs (typically 15–25 years).

Differentiator

Problem solved

Functional benefit

Products and services

• Rooftop Solar Photovoltaic System (RTS) Distributed solar PV system installed on rooftops of commercial and industrial facilities, converting sunlight into electricity for on-site consumption or grid export. ACCV invests 100% of project costs and sells clean electricity to clients at competitive rates under long-term agreements.
• Building Integrated Photovoltaics (BIPV) Solar power technology integrated directly into building structures (roofs, facades), serving as both the outer building layer and electricity generator. BIPV replaces traditional roofing materials, provides waterproofing and natural lighting, reduces indoor temperatures by 3-5 degrees Celsius, and extends roof lifespan.
• Battery Energy Storage System (BESS/ESS) Battery energy storage system that stores surplus solar energy generated during the day and discharges at night to meet client power demand. ESS reduces peak-hour grid capacity requirements and lowers overall energy costs.
• Ground Energy Systems (GES) Ground-based energy system providing year-round heating, cooling, and hot water for buildings and industrial processes. GES replaces conventional chillers and boilers while retaining the building's internal HVAC distribution systems and serves as a thermal energy source for industrial processes requiring 4-60 degrees Celsius.
• Carbon Data Management Platform (Allinfra Blockchain) Blockchain-based sustainability data management platform provided in partnership with Allinfra that collects verifiable carbon data directly from source, enables transparent ESG reporting, and creates traceable dRECs linked to production meter data. Supports MRV (measurable, recordable, verifiable) compliance for carbon credits and green finance reporting.

Quantifiable outcome

• Clients offset 12-82% of annual electricity demand with clean energy
• +3 more outcomes

Named customers15 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Nine partnerships are on record, tiered minor and strategic.

• Nosafood (Korean company)minorStrategic or Co-development Partner · 11 February 2026Korean food company operating in Vietnam signed MOU with ACCV to study development and potential deployment of Battery Energy Storage Systems (BESS) integrated with Rooftop Solar (RTS) in Vietnam, aiming to improve energy efficiency and operational independence for factories.
• Speed Vina (Korean company)minorStrategic or Co-development Partner · 11 February 2026Korean company in Vietnam signed MOU with ACCV to explore deployment of Battery Energy Storage Systems combined with Rooftop Solar solutions, supporting sustainability goals and energy efficiency improvements.
• Sonion VietnamminorStrategic or Co-development Partner · 13 August 2025Strategic partnership for renewable energy development with Sonion Vietnam, focusing on clean energy solutions for manufacturing operations.
• Schneider ElectricstrategicTechnology or IntegrationStrategic technology partner providing equipment and integration capabilities for renewable energy projects, supporting ACCV's deployment of solar and energy storage solutions.
• RCRstrategicTechnology or IntegrationStrategic technology partner contributing to ACCV's renewable energy project development and deployment capabilities.
• 365 EnergystrategicImplementation/ SI/ Consulting PartnerLeading green energy solution provider in Vietnam providing EPC and O&M services for renewable energy projects. Has installed over 200 MWp of rooftop solar capacity across Vietnam for FDI companies.
• AllinfrastrategicTechnology or IntegrationTechnology provider powering ACCV's blockchain platform for sustainability data management, collecting verifiable carbon data directly from project sources for transparent ESG reporting.
• Zhong Jian Vietnam PackageminorChannel Partner/ Reseller/ DistributorVietnam subsidiary of Shanying International (paper packaging company) partnered with ACCV for rooftop solar PPA, addressing electricity shortage challenges in Northern Vietnam.
• DINCO Engineering & ConstructionminorImplementation/ SI/ Consulting PartnerEngineering and construction partner for project development, serving majority foreign investors including G7 companies in Vietnam.

Scale indicators6 records

Recent moves9 records

Expansion highlights6 records

Emerging players

• Enfinity Global: US-based renewable energy developer with C&I solar and storage projects across Asia, Europe, and the Americas. Comparable to ACCV as a fast-growing C&I-focused solar IPP pursuing a developer-owner-operator model with long-term PPAs.

Direct peers

• Scatec ASA: Norwegian renewable energy developer with solar IPP assets across emerging markets. Comparable to ACCV in project development + long-term PPA + emerging market focus, though Scatec is more utility-scale and geographically diversified.
• Cleantech Solar: Singapore-headquartered C&I solar developer operating across Southeast Asia (Vietnam, Singapore, Thailand, Indonesia, Cambodia, Malaysia) under a zero-CapEx, long-term PPA model. Closest comparable to ACCV in target customer (MNCs/industrial), product mix (rooftop PV + storage), and PPA-driven recurring revenue model.
• Sunseap (Engie): Singapore-headquartered distributed solar and storage developer serving C&I customers across Southeast Asia, now part of Engie. Directly competes with ACCV on rooftop solar PPAs in Vietnam and the broader region.
• Lightsource bp: Global solar project developer and IPP with operations in Asia-Pacific. Comparable to ACCV as a project developer/owner-operator that funds, builds, and operates distributed and utility-scale solar under long-term offtake agreements.

Broad incumbents

• Sembcorp Industries: Singapore-listed energy and urban development group with renewables operations across Southeast Asia, including Vietnam. Comparable to ACCV in renewable energy project development in Vietnam, but operates across a much broader portfolio (gas, integrated urban solutions).
• Hanwha Qcells: Global solar manufacturer and project developer (part of Hanwha) with utility-scale and C&I solar development in Asia-Pacific. Comparable to ACCV as a solar PV project developer but with vertical integration into module manufacturing and a global footprint.
• Engie: Global utility with significant renewable energy operations across Southeast Asia, including distributed solar through Sunseap. Comparable to ACCV as a C&I solar PPA provider in Vietnam but at a much larger scale and broader portfolio (gas, grids, services).
• TotalEnergies: Global integrated energy major with significant renewable project development in Asia-Pacific, including C&I solar and storage. Comparable to ACCV in distributed solar project development in Vietnam, but with a much larger portfolio across oil & gas, LNG, and renewables.

Regional players

• Shizen Energy: Japan-headquartered renewable energy developer with growing Asia-Pacific footprint, including solar IPP projects. Comparable to ACCV in distributed solar development model but primarily focused on Japan and other Asian markets outside Vietnam.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@asiacleancapitalvietnam
• LinkedInlinkedin.com/company/accvietnam

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Asia Clean Capital Vietnam