Developers and operators of four hydroelectric power plants in Laos will sign power purchase agreements with energy policymakers in Laos and Thailand within May under a plan to promote more renewable energy.
Massive investments in these power plants, which will be located in northern Laos, are expected over the next few years.
The facilities are part of the Thai government’s attempts to achieve carbon neutrality, a balance between carbon dioxide emissions and absorption. Thai authorities also want to use more clean power to run the economy.
The hydropower plants are in line with the memorandum of understanding to import electricity from Laos at a total of 10.9 gigawatts over the next two…
