Thai firm wins grant for region’s biggest cross-border wind farm
The Asian Development Bank (ADB) has given a Thai firm a nearly $700 million grant to build the largest cross-border wind farm in Southeast Asia as the Thai energy sector continues its evolution to renewables and greater sustainability.
The $692.5 million funding by the ADB will go to Monsoon Wind Power Company to help construct a 600-megawatt wind farm in the neighboring Lao PDR. The electricity generated from the facility will be sold to Vietnam.
“Developing economies in Asia and the Pacific face shortfalls in climate investments that are needed to clear a pathway to green growth,” said Suzanne Gaboury,…
