Search Results for: renewable power
- Business News
BCPG to divest its nine solar farms in Japan for strategic reinvestment
BCPG Plc, Bangchak Group’s power generation subsidiary, is planning to divest all its nine solar farms in Japan, in a strategic move to revamp its long-term investment in renewable energy. The assets on sale include equity worth 6.93 billion baht and net debt totalling 3.44 billion baht. The company has entered into an asset purchase agreement with Danish renewable energy…
- Thailand News
Iberdrola highlights hydrogen’s commercialisation challenges despite its green potential
A green and abundant energy source for the future, hydrogen commercialisation is difficult without government subsidies, according to Iberdrola, the world’s third-largest private renewable electric utility provider. The company suggests that hydrogen might not be the ideal energy source for passenger cars, but rather for heavy logistics and industry. Armando Martinez, Iberdrola’s chief executive, acknowledged that hydrogen has been used by…
- Business News
ACE’s 18 solar projects to boost revenue with 665m baht annually
Absolute Clean Energy (ACE), a prominent biomass power developer and operator based in Bangkok, is set to see a significant increase in revenue following the selection of its 18 solar power generation ventures to feed the national grid. The projects are being executed under the umbrella of ACE’s 14 entirely owned subsidiary companies. ACE, in a recent announcement by its…
- World News
Thailand’s EGCO anticipates major returns from US clean energy investment
Electricity Generating (EGCO), a subsidiary of the state-run Electricity Generating Authority of Thailand, anticipates significant revenue from its investment in Apex Clean Energy Holdings LLC. The company’s president, Thepparat Theppitak, expressed optimism about the potential benefits generated by Apex in the coming years, especially since the United States, where Apex runs its projects, is one of the world’s largest markets…
- Business News
Thailand advances in clean energy and carbon credit trading
Thailand is making significant strides in clean energy development as the government and businesses collaborate on various projects aimed at reducing carbon dioxide emissions. Initiatives such as increasing the use of renewable energy sources for electricity generation and promoting electric vehicles (EVs) are helping create new environmentally friendly businesses. Companies that do not adhere to eco-friendly practices may face penalties,…
- Business News
Thai foreign investment outlook positive amid political shift
The Industrial Estate Authority of Thailand (IEAT) and prominent business leaders expressed optimism about foreign investment in the country this year, despite delays due to the formation of a new government. IEAT Governor Veeris Ammarapala stated that foreign investors are expected to understand the evolving political landscape in Thailand, including the transition towards a Move Forward Party-led coalition government. At a…
- Thailand News
Gas prices slashed as New Year ‘gift’
PHUKET MEDIA WATCH – Thailand news selected by Gazette editors for Phuket’s international community Government slashes gas prices as New Year ‘gift’ The Nation / Phuket Gazette PHUKET: The National Energy Policy Committee has lowered the price of diesel fuel and petrol by 1 baht and 2 baht a liter respectively in what has been labelled a New Year gift…
- Business News
EconThai warns against dissolving House amid political unrest
The Employers’ Confederation of Thai Trade and Industry (EconThai) has advised against dissolving the House of Representatives to tackle the weakened political stability in the wake of a leaked phone call between Prime Minister Paetongtarn Shinawatra and Hun Sen, former Cambodian prime minister. Tanit Sorat, vice-chairperson of EconThai, expressed concern about the potential political vacuum that could result from dissolving…
- Business News
Thailand’s solar rooftop market to see growth amid falling prices
The solar rooftop market in Thailand is poised for increased competition, driven by decreasing prices, a rise in supply from manufacturers, and government initiatives to promote renewable energy. EnergyLIB, a solar energy solutions provider, has introduced a solar system for townhouses, while a consortium including German cable manufacturer Lapp Holding Asia, Hong Kong-based industrial conglomerate Jebsen and Jessen Group, and…
- Business News
Solar flare-up! US tariffs scorch Thai imports in fiery trade row
A blistering tariff bombshell from Washington has lit a fire under Southeast Asia’s solar imports, with Thailand among the hardest hit, as the United States slaps sky-high duties of up to 3,521% on imports, claiming unfair competition from Asian suppliers. The US has launched a full-scale trade crackdown on solar imports from Thailand, Vietnam, Malaysia, and Cambodia, slapping colossal new…
- Thailand Travel
Overview of Thailand’s Visas (2025)
For many, Thailand remains steadfast on the must-visit list, the nation also known as the Land of Smiles, continues to be one of the most popular destinations globally. But just as the charm of Thailand has captured the hearts of people worldwide, it’s safe to say that the different visa options can leave visitors scratching their heads at times. Let’s…
- Business News
DHL delivers electrifying future for Thailand: Charges up EV plans
In a daring move set to shake up the logistics scene, renowned global courier DHL has unveiled its ambitious Strategy 2030 for Thailand with a zesty focus on the booming electric vehicle (EV) sector, spare parts service, and cross-border e-commerce. The master plan is poised to transform Thailand into a pivotal regional hub amidst the swirling challenges of global trade,…
- Thailand News
Singapore and Thailand mark 60 years of diplomatic ties
Singapore and Thailand celebrate the 60th anniversary of their diplomatic relations this year. To honour this milestone, the Singaporean Embassy has unveiled a logo, which emerged as the winner of a competition held last year in collaboration with the foreign ministries of both nations and the Royal Thai Embassy in Singapore. During the logo launch event at Siam Paragon, Catherine…
- Thailand video news
Thailand video news | Thailand’s new tax rules raise concerns for expats, Trump’s Greenland comments ignite Chinese Taiwan debate
In today’s Thailand video news, Alex delves into pressing issues from Thailand and neighbouring countries. Featured stories include Thailand’s new tax rules raising concerns among expats, a shocking hit-and-run in Pattaya, and public outrage over cannabis vaping on Bangkok’s BTS trains. Additional coverage explores a voyeur scandal in Nakhon Si Thammarat, risks of money laundering tied to Thailand’s casino…
- Thailand News
Infineon builds state-of-the-art semiconductor plant in Thailand
Infineon Technologies has begun the construction of a state-of-the-art backend semiconductor plant in Samut Prakan, just south of Bangkok, marking a significant milestone for Thailand’s role in the global tech industry. The highly automated facility, set to begin operations in early 2026, will focus on producing power modules essential for industrial applications and renewable energy systems. Supported by the Thailand…
- Thailand News
Thailand commits to carbon neutrality despite COP29 setbacks
Thailand remains firmly committed to reducing carbon dioxide emissions despite a lacklustre conclusion to the UN Climate Change Conference (COP29) held recently in Baku, Azerbaijan. The country is determined to accelerate its progress towards carbon neutrality despite limited new financial agreements at the conference aimed at supporting developing nations in their climate change efforts. Natural Resources and Environment Minister Chalermchai…
- Thailand video news
Thailand video news | Phuket governor proposes monorail to ease traffic, Thailand property reforms target foreign buyers
In today’s Good Morning Thailand, Alex delves into a variety of impactful stories from Thailand and Southeast Asia. From the rise of the “rental wife” trend in Pattaya shedding light on urban loneliness, to the innovative reversible lane easing traffic woes on Bangkok’s congested Rama II Road, there’s much to uncover. We also spotlight illegal cockfighting raids, bold infrastructure proposals like…
- Thailand News
Surat Thani father and son busted for bitcoin mining electricity theft
Thai police apprehended a father and son involved in a significant electricity theft operation, costing approximately 1 million baht monthly, to support their bitcoin mining business. The father, 64 year old Wirat, claimed ignorance while blaming his son, 34 year old Nuttachai, for the scheme. Commander Montree Techakhan directed officers to arrest the pair at a rubberwood processing factory in…
- Thailand News
Thai PM and Energy Minister clash over clean energy vision
Tensions have erupted in Thailand’s government as Prime Minister Paetongtarn Shinawatra and Energy Minister Pirapan Salirathavibhaga lock horns over the nation’s clean energy future. A disagreement, which has reportedly been simmering for weeks, boiled over yesterday, November 26, leading to the abrupt cancellation of a joint press conference following a National Energy Policy Board meeting. While PM Paetongtarn addressed the…
- Thailand video news
Thailand video news | Cold air and storms sweep across Thailand, British student jailed for smuggling cannabis from Thailand
In today’s Thailand Video News, Alex delves into significant stories from Thailand and across Asia. From Thailand’s ambitious upgrade of Suvarnabhumi Airport’s immigration system to deepen efficiency, to the Thai Prime Minister’s meeting with Xi Jinping at APEC, fostering closer ties with China. Other headlines include the sentencing of a British student for smuggling cannabis, a cold front sweeping across…
- Thailand News
DHL Thailand’s new multimodal hub to revolutionise logistics
DHL Global Forwarding Thailand is upping the ante in the logistics game with the launch of its brand-new International Multimodal Hub in Bangkok, a 480-square-metre facility at Suvarnabhumi Airport’s Free Zone 3. This cutting-edge hub not only positions Thailand as a logistics powerhouse in Southeast Asia but also offers seamless connections across road, air, and sea, streamlining the entire supply…
- Business News
Bangkok Bank’s virtual gamble: A licence to thrill in digital banking
In a bold move set to shake up the banking scene, Bangkok Bank (BBL) is betting big on bagging a coveted virtual bank licence, boasting the might of its powerhouse partners as a strategic edge. The bank is convinced that its dream team will help it emerge victorious in the bustling virtual banking battleground. Kobsak Pootrakool, BBL’s senior executive vice-president,…
- Thailand News
Chadchart paves way for smoother days ahead on Sukhumvit Road
Bangkok’s streets are in for a major overhaul, and not a moment too soon. Governor Chadchart Sittipunt, along with Deputy Governor Wisanu Subsompon, inspected Sukhumvit Soi 23 in Watthana district on Wednesday, October 2, highlighting some glaring urban headaches. Top of the list? The road surface. It’s been damaged by water pipe installations and shoddy temporary repairs made during leak…
- Business News
New action plan to tackle global trade shifts and aid Thai industries
The International Institute for Trade and Development is set to unveil an action plan designed to address shifts in global trade regulations and industry supply chains. The institute aims to present this strategic plan to the Commerce Ministry, the Thai Chamber of Commerce, and the Federation of Thai Industries by November. Suphakit Chareonkul, the executive director, highlighted that recent global…
- Thailand News
Governor’s plan to transform Bangkok’s crumbling footpaths
Bangkok Governor Chadchart Sittipunt has taken matters into his own hands, rolling up his sleeves to personally inspect the chaotic renovation of Lat Phrao Road’s battered footpaths. The governor visited the busy Lat Phrao intersection on Tuesday, September 17, where a 20-kilometre overhaul is underway, aimed at bringing the pavements up to scratch. Years of neglect, due to the Yellow…
- Thailand News
Thailand News Today | Snake Attack in Thai Toilet: Man Bitten on Testicles, Goes Viral, Filipino Mayor on the Run: Human Trafficking Scandal Deepens
In today’s Thailand video news: A Thai man faces a terrifying snake bite in his toilet, sparking panic and viral attention. Violence erupts between Thai women and Kuwaiti tourists in Phuket’s Soi Bangla, drawing criticism over police inaction. In Pattaya, a brutal brawl between school kids involving guns and knives raises alarms. A delivery worker in Rayong seeks justice after…
- Business News
Thailand urged to expand tax cuts for rooftop solar panels
The IEEE Power and Energy Society in Thailand is urging the government to expand its new tax reduction scheme for rooftop solar panel installations, aiming to boost the adoption of clean energy. Designed to offer tax incentives to 90,000 households from this year to 2027, the scheme is awaiting final approval within the second half of the year. Households purchasing…
- Business News
Experts seek public backing for 2024 SMR nuclear plan
Energy experts urge a shift in public perception of nuclear technology to support the Energy Ministry’s push for small modular reactor (SMR) projects in the 2024 power development plan. SMRs, defined by the International Atomic Energy Agency (IAEA) as nuclear power technology with capacities up to 300 megawatts per unit, offer about one-third of the generating capacity of traditional nuclear…
- Business News
Minor International celebrates sustainable business achievements
Minor International (MINT) is celebrating the efforts of businesses who have committed to sustainable growth and operating ethically. MINT, a Thai multinational company, specialises in hospitality, restaurant and lifestyle businesses located across 63 countries. Serving customers from the Asia-Pacific all the way to the America’s, MINT’s business portfolio consists of thousands of providers of food, hotels and tourism experiences. Seeing…
- Business News
Gulf partners with Google to boost Thailand’s cloud services
Gulf Energy Development Plc (Gulf) has entered into a strategic partnership with Google Asia Pacific (Google) to operate its cloud services in Thailand. This collaboration focuses on leveraging the growth in data storage and processing within a secure environment that meets local regulatory requirements. Gulf informed the Stock Exchange of Thailand (SET) that its fully-owned subsidiary, Gulf Edge Co, has…
