The signing ceremony for Power Purchase Agreement (PPA) between Vietnam electricity (EVN) and Fujiwara Binh Dinh Co., Ltd was held at EVN’s headquarter in Hanoi in the presence of Mr. Osamu Kimura from Fujiwara Binh Dinh , the President Mr. Nguyen Danh Son , the Vice president Mr. Hoang Le Hung and Mr. Le Khac Hung, and the Director of the Finance division Mr. Hoang Van Hai from EVN EPTC.

Excerpt of the agreement is below

50MW of rated output, expected generation is 74,000,000kWh per year. Grid connection is planned in June 2019.

Based on the renewable energy policy and ultimatum issued by the government, EVN EPTC and Fujiwara Binh Dinh entered into the Agreement as below.

In case it is connected to the grid by June 30^th, 2019, power purchase price is 2.086VND/1kWh (0.935USD) applicable for 20 years (According to the 11^th written decision in regards to encouragement system for Solar power generation projects in Vietnam issued by the Prime Minister of Vietnam as of April 11^th, 2017).

The clean energy project by Renewable energy development strategy was approved until 2030 by the government . VietinBank has made a commitment to finance 12,000,000,000,000 VND（approx. 600 million yen）the above project in pursuit of Renewable energy development strategy’s advancement. According to this strategy, the total solar power production shall increase up to 850MW by 2020, 12,000MW by 2030.

VietinBank is planning to finance solar power generation projects vigorously, e.g. Thanh Cong project (100MW), Ha Do Project (50MW), PECC2 (50MW), Phuoc Huu (50MW), Fujiwara Binh Dinh (50MW), Ninh Phuoc 6.1, 6.2 (100MW), Long Son (200MW). The total amount to be financed in these projects is 12,000,000,000,000 VND（approx. 600 million yen）.

Read the full article here (Vietnamese)⇒http://icon.com.vn/vn-s83-144406-640/-VietinBank-cam-ket-cap-tin-dung-12000-ty-dong-cho-cac-du-an-nang-luong-tai-tao.aspx

Fujiwara inc sponsored the Sri Lanka Festival held between August 4th (Sat) and August 5th (Sun) in Yoyogi Park. It is the biggest festival in Japan to introduce local Sri Lankan foods, culture, atmosphere in their 14th edition.
Speaking of local foods, it is a great chance to try Sri Lankan hoppers, cutlets and string hoppers.

⇓Official website⇓

http://srilankafestival.jp/jp/

Organizer：Sri Lankan Embassy
Provider：FUJIWARA and other

On July 3^rd, 2018 Mr. Osamu Kimura – the representative director of Fujiwara inc has paid a courtesy visit to the Honorable president Maithripala Sirisena. This was the first time Kimura visited the Hon. President. They discussed about the development of renewable energy and agriculture in Sri Lanka. The Hon.President was positively impressed and they agreed on doing a joint project in Sri Lanka near future.

Must see for those who are interested in Solar sharing projects!

The first conversion of agricultural land has been extended from 3 years to 10 years 

（※with conditions）

Visit the link below to check the press release from Ministry of Agriculture, Forestry and Fisheries dated on May 15^th

http://www.maff.go.jp/j/press/shokusan/r_energy/180515.html

Ministry of Agriculture, Forestry and Fisheries has announced 4 best practices of solar sharing power plants.

The 2 out of 4 best practices are Fujiwara inc’s projects.

http://www.maff.go.jp/j/press/shokusan/r_energy/attach/pdf/180515-1.pdf

“Goheyama Nouen”

“OIKOS Tenryuu”

We are eager to work continuously for Japan’s self sufficiency in energy and food.

SPC Fujiwara Venus  DC：1593.8kW  AC：1500.0kW

SPC Fujiwara Jupiter  DC：2310.8kW  AC：1990.0kW

The ground breaking ceremony was aired through VTV’s nationwide news and Binh Dinh broadcast.

《VTV nationwide news 》

Content of the news is below.

Fujiwara inc had its Solar and Wind power project’s ground breaking ceremony on April 3rd 2018 in Nhon Hoi economic zone, Quy Nhon, Binh Dinh. Fujiwara is the 12^th company implementing FDI project (foreign direct investment). In addition, the total amount of investment from Japanese FDI has reached one hundred million US dollar.

This project aims to implement a Solar Wind project in 60ha land with a total investment of 7 billion yen (1.4 trillion Vietnam Don). The total capacity is 100MW with the wind project, and it will be connected to the grid by February, 2020. These projects will greatly contribute to the Vietnam’s electricity business.

《Binh Dinh Broadcast》

Content of the news is below.

Fujiwara Binh Dinh Solar Wind project’s ground breaking ceremony held on April 3^rd.

Mr. Nguyen Thanh Tung – Member of the Party Central Committee and Secretary of Party Committee, Chairman of Provincial Council, Mr. Ho Quoc Dung – Chairman of the Binh Dinh People’s Committee, Mr. Nguyen Phi Long – Vice Chairman of the Binh Dinh People’s Committee,
Mr. Phan Cao Thang – Permanent Deputy Chairman of Binh Dinh Provincial People’s Committee are participated in the ceremony.

This project capacity is 50MW (expected to be complete in 2019), the capacity of the wind power generation is 36MW, making it the first mega scale solar power generation project.

The total investment amount is approximately 7 billion yen (1.4 trillion Vietnam Don), and the Vietnamese government stated that the government will give full support to the project since they expect the project to bring huge benefit to Binh Dinh province.

Mr. Osamu Kimura- the Representative Director of Fujiwara, expressed his gratitude towards the Vietnamese government and expressed their continuous effort for Vietnam’s energy supply.

※Photos taken at the project site