The MOU seeks to support the aspiration that Asean member nations have set - a target of 23% of renewable energy in total primary energy supply by 2025. This MOU will see also all three parties leverage IES’s exclusive development rights issued by the Government of Lao PDR to increase the capacity of the current 600MW monsoon wind power project, which IES is developing in the Sekong and Attapeu provinces in Laos, by an additional 1,000MW.
Keppel Infrastructure Holdings (KI), a wholly-owned subsidiary of Keppel Corporation, announced that it has signed a memorandum of understanding (MOU) to collaborate with Impact Electrons Siam (IES) and Envision Group on the development and supply of low-carbon electricity, storage and intermittency management solutions, as well as the pursuit of opportunities in Asean grid interconnectivity.
Leveraging the strengths of KI, with a track record of developing and operating large-scale sustainable energy infrastructure end-to-end, Envision, as a global green technology leader, and IES, as a leading renewable energy solutions provider in the Asia Pacific, the MOU seeks for the three partners to innovate and bring reliable and competitive renewable energy solutions to end-users in Asean, one of the world’s fastest growing regions.
