Erex to build new biomass plant in Tuyen Quang

March 07, 2024 | 08:59
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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.
Erex to build new biomass plant in Tuyen Quang

With an investment of almost VND480 billion ($19.5 million), the Erex Sakura Tuyen Quang biomass power plant will sit on 3.3 hectares in Long Binh An Industrial Park and produce 150,000 tonnes of wood pellets and 150,000 tonnes of wood chip products per year. The pellets can be used as fuel for thermal power plants, heaters, food dryers, and others.

The project is slated to go into operation next year and will create employment for the province and facilitate its economic recovery.

Hitoshi Honna, representative director and president of Erex Co., Ltd., said, "The new plant will help Vietnam realise its net-zero obligations while providing a stable source of electricity. Vietnam has ample biomass resources, so using biomass such as wood waste as a sustainable energy source will be the key to achieving Vietnam's energy self-sufficiency."

Nguyen Van Son, Chairman of Tuyen Quang People’s Committee, said, "This biomass power plant is the first Japanese-invested project in the locality. Tuyen Quang has already attracted 20 foreign-invested projects from 17 foreign investors, worth $340 million. The province has also received aid from many international partners, including Japan, who have provided support for 25 projects worth an additional $1.4 million. We believe Erex's project will pave the way for more Japanese investments in the province."

The development of the Erex Sakura Tuyen Quang biomass power plant is part of Erex's ongoing expansion in Vietnam. Specifically, the Japanese renewable energy company has plans to develop 14 biomass power plants in Vietnam with a total capacity of 1,060MW.

The development sites for these projects are planned across 12 provinces. The ground-breaking ceremony for a plant in the northern province of Yen Bai was held last July, and the company has proposed ventures in biomass power plants in several other localities.

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By Thanh Van

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