Norsk Solar AS entered into a long-term power purchase agreement ("PPA") with Lineage Logistics, one of the world's leading and most innovative temperature-controlled industrial REIT and logistics solutions providers. The PPA is signed by Norsk Solar Vietnam, which is owned by Nordic Impact Cooperation, a joint investment platform established by Norsk Solar, Norfund, and Finnfund. The project includes investment and construction of three rooftop solar PV plants for Lineage Logistics' refrigerated storage facilities in Song Than, Ho Chi Minh City and Bac Ninh, Vietnam. The plants will generate 1.8 MW of clean power and offset more than 19,650 tonnes of CO2 emissions equivalent throughout the systems' lifetimes.
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- Norsk Solar Enters into A Long-Term Powe Purchase Agreement ("Ppa") with Lineage Logistics