Lao Cai, Dec. 19 -- The construction of Yen Bai 1 biomass power plant, a 50-megawatt project worth nearly 3 trillion VND (about 114 million USD), began on December 19 as part of the country's efforts to expand renewable energy and cut carbon emissions. The project, developed by Erex Yen Bai Biomass Power Co. Ltd. is located in Dong Cuong commune, Lao Cai province. It is backed by Japan's Erex Group and falls under the Joint Crediting Mechanism, a bilateral initiative between Vietnam and Japan to reduce greenhouse gas emissions. The plant will use agricultural and forestry by-products as fuel and is expected to supply about 300 gigawatt-hours of electricity annually once it enters commercial operation in early 2028. Japanese Ambassador to ...