erex holds ground-breaking ceremony for two Vietnam biomass plants
The biomass plants were identified as priority projects in Vietnam's 8th National Power Development Plan, with their implementation being approved in April.
Each plant will possess 50MW of generation capacity.
They will process around 500,000 t/yr of wood residue, which will be sourced within Northern Vietnam.
The facilities are scheduled to come online in mid-2027.
Erex plans to develop 18 new biomass plants in the country.
Each plant's construction cost is estimated at between $100m-120m, according to Erex.
Mr. Kakuta, representative director and president of Erex International, said: "This power plant is the first biomass power plant for PDP8. We would like to contribute to the local community through this power plant. We will make a sincere effort and push forward toward the completion of the plant."