International news on Vietnam's largest salt and renewable energy economic complex

Wednesday, 06/10/2021 10:00
CNN and Forbes reported and commented on the official commercial operation of the BIM Wind Power Plant in Ninh Thuan Province. The project has turned this area into the largest green economic complex in Vietnam.

USD43 million-solar power plant inaugurated in Ninh Thuan

The BIM Wind Power Plant put into operation has completed the plan to develop the largest salt and renewable energy complex in Vietnam.

BIM Wind Power Plant with a capacity of 88MW in Ninh Thuan is invested and developed by BIM Wind Power Joint Stock Company, a joint venture between BIM Group and AC Energy, a member of Ayala Group (the Philippines). The project makes Vietnam the second largest market of AC Energy, after the Philippines. The project has a total investment of USD155 million, the expected exploitation output is about 327 GWH per year, supplying electricity to 50,000 households, reducing emissions by 299,000 tons of CO2 into the environment each year.

The BIM Wind Power Plant also marks the completion of the BIM Group's strategy of developing clean salt and clean energy on a land area of 2,500 hectares with a total investment of VND12 trillion, shaping Vietnam’s largest salt and renewable energy economic complex.

BIM Group has invested in Ninh Thuan since 2006, starting with the largest salt economic zone in Southeast Asia at Quan The, with an output of 300,000 tons/year. By applying advanced production technology to produce clean salt products with high commercial value, Quan The salt fields along with Ca Na and Tri Hai salt fields have created jobs for hundreds of local workers, contributing 60-70% of Vietnam's industrial salt production, and creating a premise for BIM Group's sustainable economic development strategy in Ninh Thuan.

The leading Philippine newspaper Manila Bulletin quoted Mr. Doan Quoc Huy, Vice Chairman of the Board of Directors and General Director of BIM Group saying that the 88MW BIM Wind Power Project in Ninh Thuan affirms the experience, determination, management capacity and implementation of the group’s projects effectively in the context of complicated pandemic developments. “This is the next cooperation result between BIM Group and AC Energy in Ninh Thuan, after the 405MW Solar Power Plant Cluster Project, turning this destination into the largest salt and renewable energy economic zone in Vietnam, contributing to sustainable economic development, environmental protection and building a clean energy source for the future of the country,” he said.

The Wind Power Plant Complex and BIM Solar Power Plant Complex are expected to produce about 900 million KWH of clean energy, meet the electricity demand of more than 250,000 households, and reduce emissions by more than 600 thousand tons of CO2 into the environment every year.

In an article on Forbes, Mr. Patrice Clausse, Chief Operating Officer of AC Energy said that the BIM Wind Power Plant is one of the most notable renewable energy projects in Vietnam that his side jointly develop. AC Energy will accelerate investment and support Vietnam to increase the proportion of clean energy, according to Mr. Patrice Clausse.

Compiled by BTA

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