tiprankstipranks
eREX Co., Ltd. Launches Biomass Power Plants in Vietnam
Company Announcements

eREX Co., Ltd. Launches Biomass Power Plants in Vietnam

eREX Co., Ltd. (JP:9517) has released an update.

Don't Miss Our Christmas Offers:

eREX Co., Ltd. has commenced construction on two biomass power plants in Yen Bai and Tuyen Quang provinces in Vietnam, with the groundbreaking ceremony taking place on October 4, 2024. These plants are part of the 18 biomass power plant projects planned by the company in Vietnam and are in line with the country’s 8th National Power Development Plan, aiming for zero CO2 emissions by 2050. The project, supported by the Japanese government’s JCM Model Projects, promises to enhance local energy self-sufficiency, create jobs, and utilize local unused woody residues.

For further insights into JP:9517 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App