BIM Group, AC Energy to expand 30MW Vietnam solar plant to 280MW

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
The BIM Solar Power Plant is expected to commence operation in June 2019. Credit: BIM Group

Vietnamese firm BIM Group and AC Energy, part of Filipino conglomerate Ayala Group, have signed EPC and financing documents under which a 30MW solar farm in Ninh Thuan province, Vietnam, will be expanded to 280MW in capacity.

The BIM Solar Power Plant is expected to commence operation in June 2019. 

Early this year, the first BIM Energy project broke ground with a total land area of more than 35 hectares. The joint venture plans to further expand the capacity to well over 300MW at a later date.

Bouygues Energies & Services and juwi will be the EPC contractors for the projects.

BIM Group is the majority shareholder with controlling interest, having secured a US$200 million loan from an international bank.

Read Next

January 25, 2022
SK Ecoplant, part of the South Korean conglomerate SK Group, has signed a US$200 million joint venture (JV) agreement with Vietnamese rooftop specialists Nami Solar for the development of 250MW of rooftop solar in Vietnam over the next four years.
January 11, 2022
Solar PV power generation in Vietnam could about to be maximised through the integration of battery energy storage systems (BESS), with consultancy AqualisBraemar LOC Group (ABL Group) hired to conduct feasibility studies across multiple PV plants following curtailment issues in the country.
December 21, 2021
As 2021 draws to a close, PV Tech is reviewing the year in solar, reflecting on some of the biggest stories and hottest trends of the last 12 months. Today we start in orderly fashion, analysing the headlines from the first three months of the year, as the industry got off to a roaring start.
December 10, 2021
Singapore-based energy company Sembcorp Industries has signed a collaboration agreement with Bamboo Capital Group (BCG) for the development of 1.5GW of renewable projects in Vietnam
November 30, 2021
JinkoSolar has slashed its shipments guidance for the year, reducing its top end guidance by more than 5GW as it blamed ongoing logistics issues and port blockages.
November 3, 2021
nverter manufacturer SolarEdge posted record revenues from its solar division in Q3 2021 despite a COVID-related shutdown at its manufacturing facility in Vietnam impacting its ability to meet demand.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 8, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal
Solar Media Events
April 25, 2022
Berlin, Germany