(Photo: iStock)
Laos is ambitiously pursuing renewable energy development, recently announcing a collaboration with Thailand's Energy Absolute (EA) to jointly develop hydropower and electric vehicles. This initiative is expected to boost Laos' revenue within three years and propel it towards its goal of becoming the "Battery of Asia."
The two parties plan to establish a joint venture, "Super Holding," which will manage and distribute green electricity. It will also oversee clean energy investments and electricity exports in Laos. Initially, the joint venture will undertake hydropower projects with a total installed capacity of over 7GW. Future projects include the development of floating solar and energy storage systems.
