LS Eco Energy is accelerating its expansion in the Southeast Asian renewable energy grid market.
The company announced on April 11 that its subsidiary, the Vietnamese manufacturing entity LS-VINA, will supply power cables to the Philippine wind power project.
LS-VINA is set to provide power cables for the 'Kalayaan 2' wind farm, a project spearheaded by the Philippine government with an investment of approximately $150 million, aimed for completion in 2026.
The project involves the construction of a wind farm with a capacity of around 100 MW in the Calayan and Paete regions of Laguna, Philippines, and is considered a key initiative for expanding local renewable energy infrastructure. Once completed, it is expected to supply clean energy to approximately 85,000 households.
LS-VINA will supply MV (medium-voltage) cables to support stable power transmission for the wind farm's grid. Through this contract, LS Eco Energy aims to contribute to the development of eco-friendly power infrastructure in the Philippines and expand its presence in the Southeast Asian power infrastructure market.
“The Philippine government plans to increase its renewable energy share to 50% by 2040," said an official from LS Eco Energy. "Large-scale solar and wind projects are actively underway, and participation from private companies is steadily increasing.”
