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Solar Power Project BIM 2

Sector: Commercial • Location: Vietnam

Source: World Bank Group

Project
Active

The project entails the construction of a 250 MW in Ninh Thuan province, Vietnam. The facility is being jointly developed by BIM Group and AC Energy, the energy arm of Philippine group Ayala Corp. Rizal Commercial Banking Corporation (RCBC) is the sole lender for an undisclosed loan. AC Energy will take part with a 30% voting stake and a roughly 50% economic share. The plant is expected to to ente

Status
Prospective
Sector
Commercial, Power Generation (CCGT), Solar, Government
Location
Vietnam
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “Solar Power Project BIM 2” is an infrastructure initiative in the Commercial sector, located in Vietnam. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Company

Status

Original status

active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The project entails the construction of a 250 MW in Ninh Thuan province, Vietnam. The facility is being jointly developed by BIM Group and AC Energy, the energy arm of Philippine group Ayala Corp. Rizal Commercial Banking Corporation (RCBC) is the sole lender for an undisclosed loan. AC Energy will take part with a 30% voting stake and a roughly 50% economic share. The plant is expected to to enter into service in time for the June 2019 solar feed-in tariff (FiT) deadline. Previously the two company decided to jointly develop a 30 MW solar plant. Financial close took place on August 13, 2018. On 27.04.2019 it was announced that the construction of Solar Power Project BIM 2 has been completed. https://renewablesnow.com/news/ac-energy-bim-group-plan-over-300-mwp-of-solar-in-vietnam-623881/ https://www.acenergy.com.ph/2018/08/13/ac-energy-and-bim-group-scale-up-vietnam-solar-project/ https://bimgroup.com/en/news/bim-group-officially-opening-3-solar-power-plants

Original sector

Energy

Budget

Location

Country

Vietnam

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Commercial, Power Generation (CCGT), Solar, Government

Article published date

2024-09-21

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