Sharp Energy Solutions Corporation (SESJ) has completed the acquisition of all shares held by NSN Construction & Engineering JSC in their joint venture, Sharp NSN Energy Solution JSC (SNES), as of June 30, 2026. This move makes SNES a wholly owned subsidiary of SESJ.
Following the acquisition, SNES has been renamed Sharp Energy Solution Vietnam Company Limited (SESV) as of May 28. Since its inception in March 2020, SESV has been actively engaged in engineering, procurement, and construction (EPC) services for solar power plants, alongside operation and maintenance (O&M) services within Vietnam.
The acquisition is poised to enhance SESJ's decision-making capabilities and streamline business operations amid growing demand for renewable energy in Vietnam. SESV plans to expand into new business areas, including rooftop solar systems for factories and commercial facilities, as well as solar power plants integrated with Battery Energy Storage Systems (BESS).