The Company acknowledges the significance of adapting to the clean energy transition and the potential for growth in the renewable energy sector. At present, it is conducting feasibility studies and exploring collaborations with multiple partners under the framework of three key strategic pillars:
Strategy 1:
Development of Pumped Storage Hydropower Projects
Strategy 2:
Integrated Renewable Energy Generation
Strategy 3:
Identification of Strategic Partners and Electricity Market Opportunitie
Strategy 1: Develop of Pumped Storage Hydropower (PSH)
Status:
Ongoing Project
Progress:
June 22, 2022:
Signed MOU with GOL securing exclusive for PSH feasibility studies across 214 sites in Laos.
April 11, 2025:
GOL approved 24-months PSH MOU Extension on 138 locations
May 20, 2025:
Signed MOU with EDL
Strategy 2: Diversified Renewable Energy Generation
Status:
Ongoing Project
Progress:
Diversification of renewable energy sources is crucial for risk mitigation and ensuring stable production and distribution.
Exploring PSH investments in conjunction with solar, wind, and hydropower plants.
Initial feasibility study indicates the potential for a 10,000 MW solar power plant on a 7,000-hectare area in Attapeu Province, Lao PDR.
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Strategy 3: Identification and Engagement of Business Partners and Power Markets
Status:
Ongoing Project
Progress:
October 2022:
MOU with Keppel Infrastructure to study renewable energy export to Singapore; project currently delayed due to subsea cable survey challenges.
December 2023:
MOU with China Southern Power Grid Yunnan International Co., Ltd. to explore PSH export to China; project currently stalled as China prioritizes domestic PSH development.
March 2024:
MOU with Cambodian energy authorities to study 1,500 MW export of PSH and other renewable energy; PSH area selection is ongoing.