May 14, 2025 | 13:12 GMT +7

  • Click to copy
Friday- 12:28, 10/05/2024

Chairman of Yen Bai goes to Japan to award decision on investment in biomass power plant

(VAN) Yen Bai province awarded the decision approving investment policy for a Japanese business to build a biomass power plant with an expected capacity of 50 MW in Van Yen district.

On May 8, in Tokyo Capital (Japan), Chairman of Yen Bai Provincial People's Committee Tran Huy Tuan awarded the decision approving investment policy and investor for the Yen Bai 1 Biomass Power Plant Project at the Bac Van Yen industrial cluster (Van Yen district, Yen Bai province) to Mr. Honna Hitoshi, President and General Director of Erex Group.

Chairman of Yen Bai Provincial People's Committee Tran Huy Tuan awarded the decision approving investment policy to Chairman and General Director of Erex Group Honna Hitoshi. Photo: VNA.

Chairman of Yen Bai Provincial People's Committee Tran Huy Tuan awarded the decision approving investment policy to Chairman and General Director of Erex Group Honna Hitoshi. Photo: VNA.

Mr. Honna Hitoshi, Chairman of Erex Group, thanked Yen Bai Province for supporting the business in implementing the Yen Bai 1 biomass power plant project. The biomass power plant will be built on an area of about 10 hectares, with a total investment capital of USD 100–120 million.

This project also received support from the Japanese Ministry of the Environment and received a decision to grant financial support under the Joint Crediting Mechanism (JCM) for the project's equipment items. JCM is the mechanism proposed by the Government of Japan for developing countries to promote the transfer and dissemination of low-carbon emission technologies towards green growth in the host country and support the implementation of Japan's international commitment to reduce greenhouse gas emissions.

It is expected that the plant will begin operating in early 2027, generating electricity with a capacity of 50 MW, including about 45 MW of stable renewable power sources for EVN's power transmission system. This power plant is estimated to use about 500,000 tons/year of wood scraps and by-products as fuel.

Previously, in July 2023, the Yen Bai Provincial People's Committee coordinated with Japan's Erex Joint Stock Company to organize the groundbreaking ceremony of the Erex Sakura Yen Bai Biomass Fuel Plant Project. The Erex Sakura Yen Bai biomass fuel plant is invested on a scale of 3 hectares, with the goal of producing biomass pellets and wood chips. The plant has a designed capacity of producing 150,000 tons of biomass pellets/year and 150,000 tons of wood chips/year; trading 350,000 tons of wood chip products/year.

In July 2023, the Yen Bai Provincial People's Committee coordinated with Japan's Erex Joint Stock Company to organize the groundbreaking ceremony of the Erex Sakura Yen Bai Biomass Fuel Plant Project. Photo: Thanh Tien.

In July 2023, the Yen Bai Provincial People's Committee coordinated with Japan's Erex Joint Stock Company to organize the groundbreaking ceremony of the Erex Sakura Yen Bai Biomass Fuel Plant Project. Photo: Thanh Tien.

The Yen Bai 1 Biomass Power Plant Project will be the second commercial biomass power plant in Vietnam and is part of Erex's global biomass power development plan.

According to Erex, the Group is building the first commercial biomass power plant in Vietnam with a capacity of 20 MW in Hau Giang province, expected to come into operation at the end of 2024. This is also a project that receives financial support under the JCM mechanism from the Japanese Ministry of the Environment.

Author: Thanh Tien

Translated by Thu Huyen

Solutions for sustainable shrimp farming: Biotechnology and high-quality broodstock

Solutions for sustainable shrimp farming: Biotechnology and high-quality broodstock

(VAN) Use of high-quality broodstock and biotechnology is regarded as the most effective approach to ensuring sustainable and economically viable shrimp aquaculture ahead of climate change and the emergence of increasingly intricate disease patterns.

Farmers can increase their income through carbon farming practices

Farmers can increase their income through carbon farming practices

(VAN) Carbon farming is a form of agricultural practices that helps absorb more greenhouse gases than it emits, through smart management of soil, crops, and livestock.

Developing a Japanese-standard value chain for Vietnamese oysters

Developing a Japanese-standard value chain for Vietnamese oysters

(VAN) This is a key content of the Memorandum of Understanding recently signed between the Vietnam Fisheries Society and Kunihiro Inc of Japan.

Kon Tum will plant more than 1.500 hectares of Ngoc Linh ginseng in 2025

Kon Tum will plant more than 1.500 hectares of Ngoc Linh ginseng in 2025

(VAN) To achieve the goal, local authorities and businesses in Kon Tum province have fully prepared the necessary conditions for the new Ngoc Linh ginseng planting season.

Jiangsu gears up for Fish and Rice Corridor in Cambodia

Jiangsu gears up for Fish and Rice Corridor in Cambodia

(VAN) Jiangsu province is gearing up to host training programs in Phnom Penh, the capital of Cambodia, this year to establish the Fish and Rice Corridor.

Vinamilk’s experience in energy saving and green energy transition for sustainable production

Vinamilk’s experience in energy saving and green energy transition for sustainable production

(VAN) Le Hoang Minh, representing Vinamilk, shared the company's experience in energy saving and green energy transition for production at a workshop held during the P4G Summit.

Integrating social factors into the value of agricultural products: The story of Nestlé

Integrating social factors into the value of agricultural products: The story of Nestlé

(VAN) Businesses emphasize fairness and equality when integrating social factors into their sustainable development strategies.

Read more