LS Eco Energy, a Vietnam-based cable manufacturer under Korea’s LS Cable & System, announced Friday that it will supply electric cables for a $150 million wind farm project in the Philippines.
The company’s Vietnamese subsidiary, LS-VINA, will supply medium- and low-voltage cables for the Kalayaan 2 wind farm, a 100-megawatt project located in Laguna province, about 100 kilometers southeast of Manila.
Scheduled for completion in 2026, the wind farm is expected to provide clean energy to up to 85,000 households, the company said.
"As the Philippine government aims to raise its renewable energy share to 50 percent by 2040, large-scale solar and wind projects are actively underway, with increasing involvement from private businesses," said an LS official.
As the largest power cable manufacturer in Vietnam, LS Eco Energy is accelerating its expansion beyond national borders. In early March, the company secured a contract to supply power cables for the Philippines’ largest internet data center, the STT Fairview Campus.
It is also in negotiations for a cross-border renewable energy project that will supply Singapore with energy generated in other Southeast Asian nations, the company said.
Amid growing regional demand for power infrastructure fueled by renewable energy development, LS Eco Energy plans to actively expand its involvement in major clean energy projects across Southeast Asia.
forestjs@heraldcorp.com
