Energy Absolute Pcl took a detour from developing solar and wind farms to lead Thailand’s biggest electric-vehicle venture. While it’s still betting that EVs have the biggest growth potential, the company is also returning to its roots in renewables. The Thai utility is assessing the viability of developing two dam-based hydropower projects in Laos, according to Deputy Chief Executive Officer Amorn Sapthaweekul. The study will take two years, and the projects would generate power for distribution in Laos as well as export to other countries.
