A leader of Japanese energy producer EREX said the company plans to invest in biomass energy in Vietnam, which has great potential for biomass energy development.

During a recent meeting with Vietnam’s Minister of Industry and Trade Nguyen Hong Dien, Honda Hitoshi, chairman and general manager of EREX, said Vietnam is the first country outside Japan to consider investing in biomass energy.

###: How to Invest in Vietnam as Foreign Investors

According to Hitoshi, EREX aims to produce 1,500 MW of biomass energy by 2035, reducing 27,570kt CO2 per year.

He expected that EREX’s projects in Vietnam would be successfully implemented and that Vietnam would become one of the leading suppliers of inputs for biomass energy production in the region and the world.

Japan is developing the world’s largest biomass power plant, but faces a shortage of materials for biomass energy production. Therefore, EREX is working to import these materials from Vietnam.

Since 2018, the company has been cooperating with a number of Vietnamese localities to plant sorghum in Vietnam and produce biomass energy materials for export to Japan in 2021-2026.

Phu Yen, Binh Thuan and Ba Ria-Vung Tau are the provinces that have suitable natural conditions for growing sorghum, and EREX plans to cultivate in these places on a total area of ​​12,000 hectares.

In the first phase, which started in July 2021, the company cultivated 30 hectares of sorghum in Phu Yen and explored the cultivation of other plants for the production of biomass energy materials based on Japanese technology.

By The Saigon Times

Source: Vietnam Insider


Leave A Reply