Mitsubishi to invest in 600 MW wind project in Dak Cheung and Sanxay
Mitsubishi Corporation (MC) has reached an agreement to invest in Impact Energy Asia Development Limited (IEAD), the developer of a 600 MW capacity onshore wind farm project in Laos. MC will invest through an intermediate holding company together with a group company of Impact Electrons Siam Co., Ltd. in Thailand. The initiative is being executed through Diamond Generating Asia, Limited (DGA), MC’s wholly-owned subsidiary in Hong Kong.
The onshore wind farm will be located in Sekong and Attapeu Provinces in southern Laos. The wind farm will be the first wind farm in Laos and the largest in South East Asia. By installing a dedicated power transmission line to Vietnam, power from the wind farm is planned to be sold to Vietnam Electricity, a state-owned electric power company in Vietnam, for 25 years.
Country updates
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June 21, 2021
Vietnam approves the development of 500 MW Gia Lai ground and floating solar PV project in Ia Ly
The Government of Vietnam has approved the investment plan and construction of the 500 MW Gia Lai ground and floating solar photovoltaic project located in Ia Ly commune, Chư Păh District, Gia La...
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June 18, 2021
Nexif, RATCH start construction of the 80 MW Nexif Ben Tre wind project in Thanh Hai
Nexif Energy, backed by Denham Capital and Ratchaburi Electricity Generating Holding Company (RATCH Group) has announced that they have formed a 50:50 partnership for construction and operation o...
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June 07, 2021
IFC approves US$57m loan to Vietnam wind projects
International Finance Corporation (IFC), a member of the World Bank Group, is funding the development and construction of two wind power projects in Central Vietnam with the aim to support Vietnam&acu...
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June 04, 2021
Millennium Energy Corp to build LNG power plant and terminal facility in Van Phong EZ
US Millennium Energy Corporation is planning to build a liquefied natural gas (LNG) power plant and LNG terminal facility in the southern area of the Van Phong Economic Zone in Khanh Hoa province of V...
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June 03, 2021
ADB signs green loan to develop 144 MW wind projects in Quang Tri Province
The Asian Development Bank (ADB) has signed a US$116 million green loan with Lien Lap Wind Power Joint Stock Company (Lien Lap), Phong Huy Wind Power Joint Stock Company (Phong Huy), and Phong Nguyen...
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