Construction begins at two Vietnam biomass plants

October 14, 2024 | 14:49

(0) user say

Japan's Erex Co. Ltd. organised a ground-breaking ceremony for its biomass power plants in the northern provinces of Yen Bai and Tuyen Quang on October 4.

Construction begins at two Vietnam biomass plants. Photo: Erex

Each plant will have 50MW generation capacity and consume around 500,000 tonnes of wood residue per year, which will be sourced from northern Vietnam. Both plants are slated to put into operation in mid-2027.

The power plants that were positioned as priority projects in the Power Development Plan VIII, whose implementation plan was approved in April this year.

PDP8 states that it will respond to the expansion of electric power demands and strengthen renewable energy with the aim of achieving zero CO2 emissions by 2050, and the biomass plants will contribute to these efforts.

In addition, both projects are backed by Japan's subsidy scheme that supports potential projects that could contribute to its Joint Crediting Mechanism to cut greenhouse gas emissions. The construction cost of each plant is estimated at over $100 million.

These biomass power plants are part of Erex's ongoing expansion in Vietnam. Specifically, the Japanese renewable energy company has planned 18 newly constructed biomass power plants in the country.

Erex to put $101 million into biomass plant in Vietnam

Erex Corporation, a Japanese firm specialising in supplying electricity sourced from biomass, has just unveiled plans for a pioneering 50MW biomass power plant in the central province of Binh Dinh.

Erex to build new biomass plant in Tuyen Quang

Japan's Erex Co., Ltd. held a groundbreaking ceremony on March 6 for its biomass power plant in the northern mountainous province of Tuyen Quang.

Japan invests in biomass power plant in Yen Bai

A new biomass power plant project is expected to be built on an area of about 10 hectares, with a total investment of up to $120 million at Bac Van Yen Industrial Cluster in the northern province of Yen Bai.

By Vy Bui

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional