Keppel Infrastructure, Impact Electrons Siam, Envision tie up on renewable energy

Buddhist monks in LaosBuddhist monks in Laos

Keppel Infrastructure Holdings (KI), Impact Electrons Siam (IES) and Envision Group has entered a memorandum of understanding (MOU) to develop and supply low-carbon electricity, storage and intermittency management services, and to pursue grid interconnectivity opportunities in Southeast Asia. 

“Leveraging the strengths of KI, with a strong 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,” the three companies said in a filing to SGX Wednesday. 

In addition, all three will use IES’ exclusive development rights from Lao PDR to increase the capacity of the current 600 megawatt monsoon wind power project, which IES is developing in the Sekong and Attapeu provinces in Laos, by an additional 1,000MW, the filing said. The project, which is set to reach commercial operations by 2025, will be Southeast Asia’s largest windfarm, the filing said. 

Keppel Infrastructure is a wholly owned subsidiary of Singapore’s Keppel Corp

Read the press release from Keppel Corp., IES and Envision.