Philippines-based Basic Energy has acquired a 15% stake in two Thai companies, Vintage EPC and Vinter, which are constructing a 220 MW utility scale solar power project in Minbu, Myanmar. According to the Myanmar Ministry of Electricity and Energy, the project is the first largest utility scale solar PV project in the country, part of a pipeline of 1.5 GW. The Minbu project is part of the Myanmar government's plan to provide nationwide electricity by 2030.
Philippines-based Basic Energy has acquired a 15% stake in two Thai companies, Vintage EPC and Vinter, which are constructing a 220 MW utility scale solar power project in Minbu, Myanmar. According to the Myanmar Ministry of Electricity and Energy, the project is the third largest utility scale solar PV project in the country, part of a pipeline of 1.5 GW. The Minbu project is part of the Myanmar government's plan to provide nationwide electricity by 2030.