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COP30: China’s Green Energy Power Play — How a Laos Wind Farm Reveals Its Global Strategy

In the remote hills of Dak Cheung, southeastern Laos, a vast new wind power project is quietly reshaping both the region’s energy landscape and the global balance of power.

The Monsoon Wind Power Project, the largest in Southeast Asia, features 133 towering turbines stretching across an area twice the size of the Isle of Wight. It promises to deliver electricity to around one million households in neighboring Vietnam, marking a remarkable feat of engineering in one of Asia’s poorest regions.

Yet, while the site is led by a Thai consortium, its backbone is unmistakably Chinese — built by a state-owned Chinese company, using Chinese technology, and completed at record speed and low cost.

“It makes the project viable,” said Narut Boakajorn, the site’s general manager. “Otherwise, financing would not have been possible.”

This wind farm is a microcosm of China’s global dominance in green energy. The country now produces over 60% of the world’s mass-manufactured green technologies, including 80% of solar panels and 75% of electric vehicles, according to the International Energy Agency. Analysts estimate Chinese clean energy exports in 2024 alone could cut global carbon emissions by 1%.

But Beijing’s motivations go beyond climate stewardship. As China simultaneously builds coal plants and renewable infrastructure, its rapid green expansion looks more like a strategic bet on the future of global energy markets — and influence.

Developing nations like Laos, often enticed by low-cost technology and financing, have become the front line of this new form of soft power. While Laos’ wind project avoided the debt traps seen elsewhere, the country has already ceded control of most of its power grid to a Chinese firm amid financial struggles.

The symbolism is striking: in the same mountains once bombed by the U.S. during the Vietnam War, China is now building turbines — a new kind of influence rising from the ashes of an old one.

Laos to cut electricity to crypto miners by 2026, prioritising AI and clean industry

Laos plans to stop supplying electricity to cryptocurrency miners by the first quarter of 2026, shifting focus toward industries that contribute more directly to economic growth, such as AI data centers, metals refining, and electric vehicles, the country’s Deputy Energy Minister Chanthaboun Soukaloun told Reuters.

The landlocked Southeast Asian nation saw a crypto mining boom after a 2021 policy shift that attracted operators with cheap hydropower. However, the government now says the sector offers low economic value, creating few jobs and limited local supply chains.

“Crypto doesn’t create value compared to supplying power to industrial or commercial consumers,” Soukaloun said, noting that the government originally approved mining operations to absorb surplus electricity.

Power allocation to miners has already been reduced from 500 megawatts in 2021–2022 to around 150 MW, a 70% cut. Soukaloun added that while the government had planned to end supply earlier, abundant hydropower generation this year allowed operations to continue temporarily.

Often referred to as the “battery of Southeast Asia”, Laos exports most of its hydropower to Thailand and Vietnam and is now exploring increasing bilateral capacity to Vietnam beyond the current 8,000 MW.

Soukaloun also confirmed that talks with China are underway over a $555 million arbitration claim by a subsidiary of the Power Construction Corp of China regarding a hydropower project dispute.

Additionally, Laos expects to resume electricity exports to Singapore via the Lao-Thailand-Malaysia-Singapore (LTMS) corridor soon, pending final terms with Thailand.