A solar power complex with a total capacity of 330MWp, the largest of its kind in Southeast Asia, was inaugurated by BIM Group in Ninh Thuan province of Vietnam on April 27.
BIM group started the construction on the complex in January 2018 and signed a power purchase agreement with Vietnam Electricity at the end of last year.
The complex boasts three plants with capacity of 30MWp, 250MWp and and 50MWp and will be connected to national electric network this month.
According to a report on VNExpress online news channel, built at the cost of $300 million, the solar power complex has installed more than one million solar panels and is expected to generate 600 million kWh annually to serve 200,000 households and help reducing 304,400 tonnes of CO2 each year.
“BIM Group aims to become the leading pioneer investor in renewable energy in Vietnam. The total capacity of clean energy supplied by BIM Energy will reach 1000MWp, including solar and wind power in 2022”. Said Doan Quoc Huy, deputy chairman of BIM Group cum general director of BIM Energy.
“We want to contribute to protect the environment, fight climate change, support national energy security and build sustainable energy sources for the country’s future,” Huy added.
BIM Energy and AC Energy of Ayala, which is one of the largest companies in the Philippines, jointly established BIM/AC Renewable joint venture to develop renewable energy projects in Ninh Thuan province.
AC Energy is one of the fastest growing energy companies with over $2 billion of investment in renewable and thermal energy in the Philippines and around the region by 2025.