Ampotech and Avenue sign strategic partnership agreement: Elevating energy management and sustainable development.

Ho Chi Minh City, Vietnam – October 2024 – Ampotech held a signing ceremony for a cooperation agreement with Avenue. This event marks a significant step in establishing a strategic partnership between the two parties, aiming to improve energy management efficiency and promote sustainable development solutions in the manufacturing sector for factories. This is the result of a successful pilot year of cooperation, in which Avenue comprehensively evaluated Ampotech's solutions and prepared the groundwork to bring the solutions to customers.

The signing ceremony was held at Ampotech's representative office in Vietnam, with the participation of senior leaders and staff from both sides. Ampotech's Business Development Director shared:

“This cooperation agreement not only demonstrates our shared commitment to energy management efficiency, but also affirms our shared vision for sustainable development. With Avenue's solid technical foundation combined with Ampotech's advanced solutions, we are confident that we will deliver superior value to our customers while contributing to sustainable development in the region.”

The collaboration between Ampotech and Avenue promises to open up many opportunities in large-scale projects, strengthening the position of both companies in providing efficient and energy-saving management solutions, and contributing to supporting manufacturing businesses towards achieving "Net zero" goals.

About Ampotech

Ampotech, a Singapore-based energy technology company, provides advanced energy management solutions and analytics platforms to optimize energy consumption, reduce costs, and support businesses in achieving their sustainable development goals. With its presence in the Vietnamese market, Ampotech is committed to delivering flexible and environmentally friendly solutions for commercial buildings, HVAC systems, and factory energy management, helping customers effectively control energy consumption and measure carbon emissions.

About Avenue

Avenue JSC, with over 20 years of experience, is a pioneer in consulting and implementing asset management solutions, optimizing maintenance processes, and standardizing data for the oil and gas, energy, port, airport, and manufacturing industries.

With over 250 successful domestic and international projects, Avenue is proud to be a trusted partner of many businesses. Building on that success, Avenue is now expanding its solution ecosystem with advanced energy management solutions from Ampotech, aiming to meet the growing demand for efficient energy management and sustainable development.

The cooperation agreement between Avenue and Ampotech aims at the following strategic goals:

Improving energy efficiency: Developing and implementing solutions to optimize energy consumption in commercial buildings, contributing to reducing total energy use and carbon emissions, and helping to realize the Net Zero goal.
Supporting sustainable development: Applying Ampotech's Energy Management technologies and Renewable Energy solutions to support customers in achieving sustainable development goals and transitioning to environmentally friendly operating models.
Promoting innovation: Collaborating on research and development of pioneering technologies and applying the most advanced methods to continuously improve efficiency and contribute to the sustainable development of the industry.

Avenue's commitment and expertise