KPL reported that Convalt Energy signed a memorandum of understanding with Laos’ Ministry of Planning and Investment on 31 August 2017 in Vientiane to explore solar development in two provinces.
An early U.S. development initiative
The agreement was signed by Deputy Minister Khamlien Pholsena and Hari Achuthan, Chairman and CEO of ACO Investment Group and Convalt Energy. KPL described Convalt as the first U.S.-based company to undertake this type of study in Laos and noted its founding in 2011.
A proposed 300 MW program
The report outlined two proposed solar plants: a 150-hectare site in Namdeua village, Pak Kading district, Bolikhamxay, and a 464-hectare site in Attapeu. Their combined planned generation capacity was 300 MW.
Local opportunity and long-term development
KPL highlighted the potential for hundreds of local jobs and alignment with Laos’ energy policy. The projects were at the feasibility and development stage in 2017.