On 22 August, a groundbreaking ceremony was held for the primary meteorological tower in Nathou village, Phin district, Savannakhet Province. This tower will gather essential wind knowledge to evaluate wind farm tasks within the area.
This set up is a part of a challenge developed below a 2023 Memorandum of Understanding between the Lao authorities and Naseng-Wayo Renewable Assets Improvement and Funding Firm Restricted, in collaboration with UPC Vietnam (Singapore). The challenge goals to supply clear power for export to Thailand and Vietnam, with the tower anticipated to be operational by the top of September.
Earlier this 12 months, the Lao authorities additionally signed an settlement with Savan Vayu Renewable Power Co., Ltd. to develop a 1,200 MW wind energy challenge in Sepon district, Savannakhet Province, marking the biggest wind energy challenge in Laos to this point. With an funding of roughly USD 2 billion, this challenge will improve Laos’ renewable power capability and place the nation as a major energy exporter in Southeast Asia. The wind farm is projected to be operational by early 2026.
Laos has been increasing its renewable power tasks, aiming to fulfill its 2030 renewable power targets and enhance its function as an power provider within the area. In keeping with the Ministry of Power and Mines, Laos at the moment has 94 energy crops with a complete put in capability of over 11,600 MW. About 80 % of the nation’s electrical energy is exported, primarily to Thailand and Vietnam, that are the biggest markets for Lao electrical energy.