News
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Myanmar
Convalt Energy donates 5kW Solar System
ACO Investment Group & Convalt Energy recently donated a 5kW Solar System to the Organic Farm in Naypyitaw.
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One step closer to developing 300 MW of Solar
Myanmar will expand its sources of clean energy through an agreement with ACO Investment Group, a U.S. based private-equity fund...
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Convalt Energy receives investment approval
An American company, Convalt Energy, will invest US$480 million in Myanmar’s power sector for 300-megawatt solar facilities in the Mandalay Region.
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Lao PDR and Vietnam
HATXAN Project: Transmission Network Southern Lao PDR and Sale of electricity to Vietnam:
Convalt Energy and Electricite du Lao have signed a Memorandum of Understanding on Thursday May 2, 2019 for performing feasibility study for the development of a high voltage transmission network including substations from HATXAN in Attapeu Province to Plei Ku in Vietnam’s Gia Lai’s Province. The project seeks to also aggregate electricity from Southern Lao PDR and sell to EVN on a long term basis. EDL was represented by Mr. Boun Oum Synvanpheng and Convalt Energy was represented by Mr. Hari Achuthan. Also in attendance were His Excellency Mr. Thongphat Inthavong, Vice Minister of Ministry of Energy and Mines and Honorable Ambassador Ms. Rena Bitter, U.S Ambassador to Lao PDR
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U.S firm ACO Investment Group and Vietnamese power company Viet Lao Power
On June 4th, 2018 U.S based investment firm ACO Investment Group and its portfolio company Convalt Energy which is gearing up to become a global independent power producer, signed a Memorandum of Understanding (MOU)
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US Secretary of Commerce visit Lao PDR - Witness Signing
(KPL) Minister of Foreign Affairs Saleumxay Kommasith received on Sep 29 in Vientiane U.S. Commerce Secretary Wilbur Ross who is on a working visit to Laos on Sep 28-30.
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Convalt Energy to invest Solar Power in Lao PDR
On August 31, US LLC Convalt Energy entered into an agreement with the Government of Lao PDR to invest approximately US $ 400 million to develop solar power plants in Attapeu and Bolikhamxay provinces.
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Chad
Politics: Ordinance on the status of democratic opposition adopted
The ordinary council of ministers of this Thursday, August 9, 2018, examined three draft text followed by a communication from the Minister of Petroleum and Energy.
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Sierra Leone
MOU signing for development of rural electrification and hydropower
Convalt Energy and Ministry of Energy on behalf of the Government of Sierra Leone signed a Memorandum of Understanding on August 30, 2018 for the development of rural electrification across 21 cities, development of hydropower in Waanje River and development of solar power at Lungi International Airport. The total installed capacity is expected to exceed 400MW across multiple generation sources.
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Vietnam
US firm eyes investment in renewable energy
United States’ ACO Investment Group has expressed interest in implementing renewable energy projects in Viet Nam’s southern province of Binh Duong.
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Oxaio Networks
Convalt Energy and Oxaio Networks implemented a successful LED Pilot Project in Yangon
Pilot project of 30 Energy Efficient LED street lights along the Mandalay-Yangon Highway Entry in Yangon, Myanmar.
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MCC
MCC joined by 10 U.S. firms on Trade and Investment Mission
Convalt Energy will be one of the companies participating in MCC’s.
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India
Plans for 1000MW of Solar in Karnataka
Convalt Energy wants to put up 1,000 MW of solar plants in Karnataka.
