Groundbreaking of 330MW Phu My solar power plant

05/29/2020

(BCG) On May 29, 2020, in My An and My Thang communes, Phu My district, Binh Dinh province, Clean Energy Vision Development JSC – a subsidiary of Bamboo Capital Group (BCG) held the groundbreaking ceremony of Phu MySolar Power Plant with a total capacity of 330MW.

Phu My 330MW Solar Power Plant project is the largest solar power plant project in Binh Dinh with a total investment of over VND 6,200 billion, built on an 380ha area with a total designed capacity of 330MW.  The project is directly implemented by Clean Energy Vision Development JSC – a subsidiary of BCG Energy.

Phu My Solar Power Plant is divided into three factories with a capacity of 120MW, 110MW, and 100MW, respectively. Once the project is completed by the end of 2020, it is estimated that electricity output will reach about 520 million kWh per year, while reducing emissions of about 146.000 tons of CO2.

Speaking at the ceremony, Mr. Pham Minh Tuan – General Director of BCG Energy cum General Director of Clean Energy Vision Development JSC shared: “Vietnam will face a serious power shortage because the growth of consumption is higher than the newly supplying. It is expected that in 2020, there will be a deficiency of 20 billion kWh and it will be double in 2025. Therefore, in recent years, BCG Energy is constantly focusing on researching and implementing renewable energy projects to create an alternative supply. We have been working closely with the world’s leading partners in the solar industry on solutions, technology, construction plans, environmental solutions, as well as analysis and research of local energy needs, thereby boldly making proposals for investment in such large scale factory as Phu My Solar Power Plant.”

Binh Dinh Television Station interviewed Mr. Pham Minh Tuan – General Director of BCG Energy JSC cum General Director of Clean Energy Vision Development Joint Stock Company.

In the context of power shortage nowadays, the operation of such large-scale energy plants such as Phu My Solar Power Plant will generate stable power sources for production and business activities thriving national economic development. Also, the project will contribute to the province’s goal of becoming a socio-economic development center with modern industry.  Thereby, contributing to improving people’s living standard, stabilizing social security, and reducing the greenhouse effect and negative impacts on the environment.

Sand excavation of Groundbreaking ceremony of 330 MW Phu My Solar Plant

On this occasion, Mr. Nguyen Ho Nam – Chairman of Bamboo Capital Group gifted 10,000 medical masks to the representative of Phù Mỹ District for community purpose and help to prevent Covid-19 pandemic.

About BCG Energy Joint Stock Company:

BCG Energy is one of the pioneers in the renewable energy market in Vietnam. In recent years, BCG Energy has focused on researching and implementing projects on solar, rooftop solar, wind energy, and LNG liquefied natural gas. 2019 is a milestone marking the first successes of BCG Energy in the field of renewable energy. BCG-CME Long An 1 plant with a total capacity of 40.6 MW was officially COD in June 2019 and BCG-CME Long An 2 plant with a capacity of 100.5 MW has also completed the construction phase, the project is in the process of testing before going into operation. Besides, BCG Energy also signed a number of rooftop solar projects with a total capacity of the project portfolio of up to nearly 100MW which will be implemented in 2020.

Our event on newspaper’s websites:

Báo Vietnam biz: https://vietnambiz.vn/khoi-cong-du-an-nha-may-nang-luong-mat-troi-phu-my-von-dau-tu-hon-6200-ti-dong-20200529122848079.htm

Báo Nhịp sống doanh nghiệp Bizlive: https://bizlive.vn/doanh-nghiep/binh-dinh-khoi-cong-du-an-nha-may-nang-luong-mat-troi-von-6200-ty-dong-3545387.html

Tạp chí diễn đoàn doanh nghiệp: https://enternews.vn/binh-dinh-them-du-an-nha-may-nang-luong-mat-troi-tong-von-dau-tu-toi-6-200-ty-dong-174299.html

Báo người lao động: https://nld.com.vn/thoi-su/binh-dinh-khoi-cong-du-an-nang-luong-mat-troi-6200-ti-dong-20200529142932065.htm

Báo Vietnam Finance: https://vietnamfinance.vn/bamboo-capital-khoi-cong-nha-may-nang-luong-mat-troi-6200-ty-lon-nhat-tinh-binh-dinh-20180504224239196.htm?fbclid=IwAR1cJAdkFl4HHXCDlpUwxHoinTVDULtQVlcT4k-0IjZXKeoWJ4mHTl1YmUY

Trang tin điện tử ngành điện: http://icon.com.vn/vn-s83-164599-620/Binh-Dinh-Khoi-cong-du-an-nang-luong-mat-troi-6200-ti-dong.aspx

Vietnam News: https://vietnamnews.vn/economy/717467/construction-of-phu-my-solar-power-plant-begins-in-binh-dinh.html

Biz Hub: http://bizhub.vn/corporate-news/construction-of-phu-my-solar-power-plant-begins-in-binh-dinh_315988.html