China-backed solar project powers up in Laos amid Iran war energy shock

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China has completed one of Southeast Asia’s largest solar power projects in Laos, at a time when regional economies are stepping up efforts to reduce reliance on fossil fuels amid global energy disruptions in the Persian Gulf.The initial phase of the 1 gigawatt (GW) solar project was officially connected to the grid on Tuesday, becoming the country’s first large-scale mountainous photovoltaic installation.Located in northern Laos, the installation is expected to generate about 1.65 billion...