We began our investment in Southeast Asia and Taiwan in the early 1990s. Moving forward, the region presents new opportunities for CLP. We are exploring the feasibility to expand our presence and bring our expertise and new technology to these markets.
Our current investments in the region consist of the Ho-Ping coal-fired project in Taiwan and the Lopburi solar farm in Thailand, with an equity capacity amounting to 285MW.
CLP entered into a partnership with Taiwan Cement Corporation to compete in Taiwan’s independent power projects in the mid-1990s. Our successful bid led to the construction of Ho-Ping Power Station, which was commissioned in 2002 and is today 20% owned by CLP.
Lopburi Solar Plant in Thailand is CLP’s first utility-scale solar project. The plant achieved full operation in 2012 and in 2013 an 8MW expansion was completed at an adjacent site. CLP owns one-third of this project.
Additionally, we are currently co-developing two coal-fired projects in Vietnam.