1 Thailand's commitment to modernizing its electrical network with a nationwide smart grid took another step forward this week with its order for 90 Siemens Energy wind turbines to be installed at two plants in the northeastern part of the country.
The Siemens Energy wind turbines will provide a combined capacity of 200 megawatts of power for two power plants. Installation is expected to start in spring of this year.
"The market entry in Thailand proves that our business gains momentum in Asia," said Kay Weber, CEO for the Siemens Wind Power Business Unit APAC. Weber added that the company expects more orders from the country.
And Thailand isn't the only country in the neighborhood investing in grid modernization. Viet Nam's National Power Transmission has invested in a 500 kilovolt electric grid to connect five provinces and Ho Chi Minh City by 2014 or 2015, which is expected to increase connectivity within the country and throughout Laos and Cambodia afterward. Electricity Viet Nam announced recently that it plans to borrow $3 billion to finance electricity projects this year.
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