Envision Energy to supply turbines for 600 MW Onshore wind farm in Laos
Envision Group (Envision) has signed a Letter of intent (LOI) with Impact Energy Asia Development Limited (IEAD) for the supply of wind turbines to the 600 MW Monsoon Onshore Wind project in Laos.
The wind farm will be located in the Sekong and Attapeu provinces in Southern Lao PDR. Envision plans to supply 133 units of EN-171 wind turbines with a power rating of 4.51 MW. The Monsoon Wind Project will have the capacity to generate over 1,700 GWh of green energy each year. The project's electricity generation will be delivered from Lao PDR to Central Vietnam through the project's dedicated 500 kV transmission line.
IEAD had signed a 25-year Power Purchase Agreement with Vietnam Electricity (EVN) in July 2021. The construction of the project is expected to commence before the end of 2022 with the planned commercial operation in 2025. Once completed, it will be the largest wind farm in ASEAN as well as region's first cross-border wind energy project.
Country news
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July 23, 2021
PPA signed for 600 MW Onshore wind farm in Laos
Vietnam Electricity (EVN) and Impact Energy Asia Development Limited (IEAD) signed the 25-year Power Purchase Agreement for the Monsoon Wind Project, a 600 MW wind energy project to be located in Lao PDR.
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December 08, 2020
Doosan signs MoU for 728 MW hydropower PPP in Laos
Doosan Heavy Industries & Construction had signed an MoU with Korea Western Power on November 30 to cooperate on developing a 728 MW hydropower plant in Phou Ngoy, Laos. Under the MoU, Korea Western Power and Doosan will jointly pursue development of the Phou Ngoy hydropower plant and cooperate on the local manufacturing of key equipment for hydropower plant projects, as well as on the development of sales routes to promote exporting of the products.
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April 09, 2018
US$1 billion hydropower project in Laos reaches financial close
The US$1 billion Nam Theun 1 hydroelectric power project has reached financial close. The project is being developed by Phonesack Group. Co. Ltd. and Electricity Generating Public Company Limited (EGCO) and involves the construction of a 670 MW hydroelectric plant on the Nam Kading River, about 33 km upstream from its confluence with the Mekong River in the Borikhamxai province of Laos.
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February 27, 2018
ADB announces US$235 million for renewable projects in South-East Asia
The Asian Development Bank (ADB) has signed a loan equivalent of up with US$235 million to B.Grimm Power Public Company Limited, one of the largest power producers in Thailand, to develop and enhance renewable energy capacity in member countries of the Association of Southeast Asian Nations (ASEAN).
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October 24, 2017
Mega First secures US$150 million financing for 260 MW Don Sahong hydropower plant in Lao PDR
Mega First has entered into binding agreement with several financial institutions for a total of US$150-million financing for the the 260 MW Don Sahong hydropower project in Laos.
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