The Government of Laos and the Vietnamese company AMI Renewables Quảng Bình Investment Corporation have signed an agreement to develop a 1,220 MW wind power plant in Savannakhet (southern Laos), which will require a total investment of more than US$2bn. Construction of the power plant is expected to begin in the second quarter of 2024, while commercial power generation is scheduled for the end of 2025.
The wind power project is part of the Lao government's project to start exporting electricity to Vietnam by 2025. It is currently the largest energy sector project that Vietnam has invested in Laos. As part of this scheme, Laos is also developing the 600 MW Monsoon wind project, which started construction in April 2023.
Laos currently doesn't have any wind power installed capacity, however, over 3.6 GW of projects are under development as the country is seeking to develop its wind capacity.