Why is solar energy important in Laos?

Laos is undergoing rapid socio-economic changes and the provision of sufficient energy is an important factor in the response to continuing development. "Given recent advances in solar energy in Laos, it has become clear that more and more local and foreign businesses are interested in investing in this field," Daovong said.

How many solar power plants are in Laos?

VIENTIANE, Feb. 1 (Xinhua) -- A total of 58 solar power plants have been completed or under construction across Laos with a total installed capacity of 7,656 MW, local daily Vientiane Times reported on Tuesday. Eight of these plants have been completed and 50 are under construction, said the report.

Who is Zhongrun Laos?

Tags / Keywords: Laos , solar , energy VIENTIANE (Vientiane Times/Asia News Network): Zhongrun Laos Solar Technology Company Limited officially opened the first 5GW high-efficiency solar cell factory in Laos, contributing more than US$2.4 billion to industrial production.

What will Lao do in 2021?

In 2021, the Lao government vowed to diversify sources of energy by building solar, wind and coal-fired power plants to address the electricity shortage during the dry season, when reservoir levels drop and less hydropower can be produced.

How much power will Laos have?

Of this amount, 77.59 percent will come from hydropower and the rest will come from solar, wind and coal-fired power plants, said the report. Laos' capacity for solar power is expected to range from 10,000 MW to 15,000 MW, while wind power potential is estimated at about 100,000 MW, according to the report. ■

How much electricity will Laos produce by 2030?

These developments will support government efforts to increase the amount of energy exported and minimize the amount of electricity re-imported from neighboring countries in the dry season. By 2030, it is planned that Laos will produce another 5,559 MW of electricity.