ENGLISH
|
JAPANESE
|
CONNECT WITH US:
Home
About
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.
Site Location
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.
Source: Mitsubishi Corporation
Sectors: Alternative Energy
Copyright ©2026 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Latest Release
NEC Launches "NEC Composable Disaggregated Infrastructure Solution" for Distributed Computing Resources
Jan 15, 2026 17:00 JST
Mitsubishi Power Lands Significant Gas Turbine Order for Qatar's Facility E IWPP Project
Jan 14, 2026 18:58 JST
Mitsubishi Motors Launches Updated Outlander PHEV in Canada
Jan 14, 2026 17:38 JST
Hitachi High-Tech launches FOUNDRY-MASTER Smart 2, enhancing performance and value of stationary optical emission spectrometers
Jan 14, 2026 14:10 JST
Fujitsu launches demonstration experiment into green steel value flow utilizing blockchain technology to accelerate decarbonization in the steel Industry
Jan 14, 2026 10:52 JST
Toyota Systems, Fujitsu utilize quantum-inspired technology and AI to streamline on-board computer design and contribute to sustainable development
Jan 14, 2026 10:36 JST
Mitsubishi Motors Starts Production of Rogue Plug-in Hybrid and Navara OEM Models for Nissan
Jan 13, 2026 16:02 JST
Additional Investment in Commercial Space Station Business and Acquisition of Experimental Module Usage Rights
Jan 13, 2026 14:34 JST
Honda to Adopt New "H mark" as Symbol of Honda Automobile Business
Jan 13, 2026 11:26 JST
Eisai and Nuvation Bio Enter into Exclusive Licensing Agreement for Taletrectinib in Europe and Additional Countries Outside the U.S., China and Japan
Jan 13, 2026 09:50 JST
Mazda Unveils MAZDA CX-6e New Battery EV in World Premiere
Jan 12, 2026 13:10 JST
TOYOTA GAZOO Racing Announces GR Yaris MORIZO RR
Jan 09, 2026 16:03 JST
Honda Announces New Lines of Models that Represent "Honda Sports DNA" at Tokyo Auto Salon 2026
Jan 09, 2026 14:24 JST
Honda Launches Fixed-Battery Electric Two-Wheeled Personal Commuter "Honda UC3" in Thailand and Vietnam
Jan 09, 2026 13:27 JST
Sponsorship Agreement Reached with LCR Honda; Full-Season MotoGP Entry as Pro Honda LCR
Jan 09, 2026 13:05 JST
Mazda Develops New Body Color, "Navy Blue Mica"
Jan 09, 2026 10:23 JST
Fujitsu develops digital learning platform for JAL to support self-directed learning and training management
Jan 09, 2026 10:07 JST
TOYOTA GAZOO Racing Reverting to "GAZOO Racing" to Pass on and Evolve the Making of Ever-better Cars and the Fostering of Talent
Jan 07, 2026 22:04 JST
TANAKA PRECIOUS METAL GROUP and TANAKA MIRAI Lab. Release "The TANAKA 2025" a Perfume that Expresses the Fragrance of Gold (Au)
Jan 07, 2026 22:00 JST
Toyota's European R&D center changes its name and competes in WEC with a new brand
Jan 07, 2026 21:50 JST
More Latest Release >>
Related Release
Additional Investment in Commercial Space Station Business and Acquisition of Experimental Module Usage Rights
1/13/2026 2:34:00 PM JST
Strategic Partnership and Investment with Eagers Automotive Ltd., Including Investment in Unique Independent Used Car Business Across Australia and New Zealand
10/1/2025 9:26:00 PM JST
Definitive agreement to implement a joint mine plan between Los Bronces and Andina copper mines
9/17/2025 6:57:00 PM JST
Mitsubishi Corporation Invests in Commonwealth Fusion Systems, a US Fusion Energy Start-up from MIT
9/2/2025 12:50:00 PM JST
Result of the Business Plan Review for the Offshore Wind Power Generation Projects in Japan
8/27/2025 10:27:00 PM JST
Mitsubishi Corporation Invests in Fullerton Health
8/26/2025 12:54:00 PM JST
Mitsubishi Corporation to acquire shares in Copper World copper mine project in the US
8/14/2025 12:05:00 PM JST
First Shipment of LNG from the LNG Canada Project
7/1/2025 11:00:00 AM JST
Mitsubishi Corporation to Invest and Enter into a Business Partnership with DEScycle Ltd., a UK Company Developing Innovative Metal Recycling Technology
6/2/2025 2:35:00 PM JST
Mitsubishi Corporation Establishes New Corporate Venture Capital Company
5/30/2025 6:36:00 PM JST
More Press release >>