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Ground broken at BIM Group solar power plant

Released at: 16:01, 24/01/2018

Ground broken at BIM Group solar power plant

Photo from VIR

BIM 1 plant in south-central Ninh Thuan province to generate 50 million kWh annually once in operation.

by Minh Do

Vietnamese private concern the BIM Group and its partner, AC Energy, a member of the Philippines-based Ayala Group, held a breaking ground ceremony for the BIM 1 solar power plant on January 23 in Phuoc Minh commune, Thuan Nam district, in south-central Ninh Thuan province.

BIM 1 covers an area of 35 ha with total investment of VND800 billion ($35.2 million). Total capacity is 30MWp, with modern technology delivering high efficiency. Its more than 90,000 solar panels will generate up to 50 million kWh annually once in operation. The plant is expected to be connected to the national grid in the third quarter of this year. The Group will also develop large-scale solar projects with a total capacity of 330MW in the first quarter of 2019.

The Group’s short and medium-term goal is to form the largest clean energy farm in Vietnam by 2019, while the long-term goal is to develop at least 1,000MW of clean energy by 2025.

“We believe the construction of solar power plants will provide a clean energy source without causing air pollution,” said Chairman of the BIM Group, Doan Quoc Viet.

“AC Energy is very interested in participating in the rapid development of the energy sector in Vietnam and becoming a pioneer in the energy sector,” said Mr. Eric Francia, AC Energy’s CEO. “We are very pleased to cooperate with the BIM Group, a partner with many years of experience in Ninh Thuan, which has the best level of solar radiation in Vietnam today.”

Conergy Asia & ME Pte. Ltd has been chosen as the contractor. “This is our first project in Vietnam,” said Mr. Marc Lohoff, Conergy’s CEO. “The development of the BIM 1 solar power plant will help provide a large source of electricity to meet the development needs of Vietnam in the years to come.”

The shift from using fossil fuels to renewable energy is becoming inevitable. Renewable energy, especially solar and wind energy, is an area in which the government is particularly interested in investing in due to its sustainability and environmental friendliness.

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