TOP PAGE
ENGLISH
JAPANESE
|
CONNECT WITH US:
Home
About
Services
Contact
Log in
*
Home
Press release
Jun 16, 2021 18:00 JST
Source:
Mitsubishi Corporation
Mitsubishi Corporation Participates in Laos Wind Farm Project
TOKYO, Jun 16, 2021 - (JCN Newswire) - Mitsubishi Corporation (MC) has reached agreement to invest in Impact Energy Asia Development Limited (IEAD), the developer of a 600MW 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.
In Vietnam, in addition to the need for further power supply to support its growing economy, it is crucial to secure a power source in the dry season, when the operating rate of one of Vietnam's main power sources, hydro power generation, is limited. The onshore wind farm is expected to operate at a high rate during the dry season, when hydro power generation is limited, and is expected to contribute to the stabilization of Vietnam's power system while making country's energy mix greener.
The onshore wind farm is being developed as part of a memorandum of understanding on power interchange signed between the Vietnamese and Lao governments in October 2016. If electricity exports from this project are realized, it is expected to be the first cross-border electricity interchange from wind power generation in South East Asia as planned by Lao government.
We will continue to contribute to the realization of a decarbonized society by striving to achieve both a stable supply of electricity in Vietnam and addressing the environmental challenges for the stable society.
Site Location
Source: Mitsubishi Corporation
Sectors: Alternative Energy
Copyright ©2025 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Related Press Release
Strategic Partnership and Investment with Eagers Automotive Ltd., Including Investment in Unique Independent Used Car Business Across Australia and New Zealand
October 01 2025 20:26 JST
Definitive agreement to implement a joint mine plan between Los Bronces and Andina copper mines
September 17 2025 17:57 JST
Mitsubishi Corporation Invests in Commonwealth Fusion Systems, a US Fusion Energy Start-up from MIT
September 02 2025 11:50 JST
Result of the Business Plan Review for the Offshore Wind Power Generation Projects in Japan
August 27 2025 21:27 JST
Mitsubishi Corporation Invests in Fullerton Health
August 26 2025 11:54 JST
Mitsubishi Corporation to acquire shares in Copper World copper mine project in the US
August 14 2025 11:05 JST
First Shipment of LNG from the LNG Canada Project
July 01 2025 10:00 JST
Mitsubishi Corporation to Invest and Enter into a Business Partnership with DEScycle Ltd., a UK Company Developing Innovative Metal Recycling Technology
June 02 2025 13:35 JST
Mitsubishi Corporation Establishes New Corporate Venture Capital Company
May 30 2025 17:36 JST
Mitsubishi Corporation makes DennoKotsu an equity-method affiliate company, strengthening efforts to address regional transportation challenges
April 11 2025 09:39 JST
More Press release >>
Latest Press Release
MHI and Nippon Shokubai to Develop Ammonia Cracking System for NEDO's "Development of Technologies for Building a Competitive Hydrogen Supply Chain" Project
Oct 30, 2025 23:14 JST
NEC and e& Sign MoU to Drive Joint Sustainability Initiatives
Oct 30, 2025 22:46 JST
MHI Thermal Systems Launches Two New Models of Air-to-Water Heat Pumps Using Natural Refrigerant R290 for European Market
Oct 30, 2025 22:19 JST
Hitachi Energy and Blackstone Energy Transition Partners enter strategic partnership to create leading energy service provider in North America
Oct 30, 2025 21:40 JST
MHI-MS to Conduct Demonstration Testing of Vehicle Transport Robots at Nakagusuku Port in Okinawa
Oct 30, 2025 17:58 JST
DENSO Hosted a Press Briefing at JAPAN MOBILITY SHOW 2025
Oct 30, 2025 17:29 JST
Eisai and Merck & Co., Inc., Rahway, NJ, USA Provide Update on Phase 3 LEAP012 Trial in Unresectable, Non-Metastatic Hepatocellular Carcinoma
Oct 30, 2025 14:43 JST
Mazda Presents World Premiere of Two Vision Models at Japan Mobility Show 2025
Oct 30, 2025 14:33 JST
Mazda Rolls Out New Version of Brand Symbol from Japan Mobility Show 2025
Oct 30, 2025 14:26 JST
NEC and the Cambodian Mine Action Center Successfully Predict Landmine-Contaminated Areas in Cambodia Using AI
Oct 30, 2025 14:18 JST
Overview of Honda CEO Speech at the Japan Mobility Show 2025
Oct 30, 2025 14:00 JST
Honda Presents World Premiere of the Prototype of Honda 0 a, new SUV Model for Honda 0 Series at Japan Mobility Show 2025
Oct 30, 2025 11:55 JST
Honda Presents World Premiere of Super-ONE Prototype Compact EV at Japan Mobility Show 2025
Oct 30, 2025 11:50 JST
Mitsubishi Motors Debuts Mitsubishi Elevance Concept and Adventure-Inspiring Lineup at Japan Mobility Show 2025
Oct 30, 2025 11:39 JST
Fujitsu and PwC Japan partner on economic security measures for sovereign cloud solution
Oct 30, 2025 11:22 JST
Hitachi Rail becomes world's first transportation firm to adopt new NVIDIA IGX Thor solution for real-time AI
Oct 30, 2025 11:00 JST
Olympus Introduces NBI+TXI(TM) Observation Mode to the EVIS X1(TM) Endoscopy System CV-1500 Video System Center
Oct 29, 2025 11:00 JST
Gannon & Scott has signed a definitive agreement to join Metalor Technologies
Oct 29, 2025 04:00 JST
Merck & Co., Inc. and Eisai Announce WELIREG(R) (belzutifan) Plus LENVIMA(R) (lenvatinib) Met Primary Endpoint of Progression-Free Survival (PFS) in Certain Previously Treated Patients With Advanced Renal Cell Carcinoma
Oct 29, 2025 00:30 JST
Mitsubishi Heavy Industries Machinery Systems to Exhibit at Japan Mobility Show 2025
Oct 29, 2025 00:00 JST
More Latest Release >>