Tokyo, May 8 -- Japan's renewable energy firm Erex is going to invest in a 50MW biomass power plant project in Van Yen district, the northern mountainous province of Yen Bai.

Chairman of the Yen Bai provincial People's Committee Tran Huy Tuan presented a decision approving investment policy for the Yen Bai 1 biomass power plant project to Representative Director and President of Erex Co. Ltd Honna Hitoshi in Tokyo on May 8.

The official stressed that the project matches the local socio-economic development plan and the national green growth strategy. It will also contribute to the realisation of the Government's commitment to achieving net-zero emissions by 2050. Notably, it is the first electricity project in Yen Bai to receive approva...