China Western Power signed the agreement with Xekong Thermal Power Plant in Laos to design, supply, and build a 1,800-megawatt clean energy power project in southern Laos in collaboration with a Singapore-based construction company, as reported by Reuters.
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In Vanuatu, REnew Pacific has been pivotal in launching a $75 million solar generation and battery storage project. Developed in collaboration with New Zealand-based Infratec and French-owned Unelco, this project will considerably augment the country's renewable energy.
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The project, known as Peaker Plant, combines solar PV, a lithium-ion battery system, and fast chargers to reduce peak demand, improve grid stability, and lower operational costs.
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Infrastructure firm Prime Infrastructure Capital Inc., controlled by billionaire Enrique Razon Jr. 5 billion (about $5 billion) in financing to activate 2,000 megawatts of pumped storage capacity — involving two of the largest water-based power storage.
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