green energy

  • Business NewsBanpu strikes a green chord amid energy chaos

    Banpu strikes a green chord amid energy chaos

    While the energy industry faces turbulent times, Thai powerhouse Banpu is staying the course, determined to hit the right note with its ambitious green agenda. Listed on the Stock Exchange of Thailand (SET), Banpu is full steam ahead in its mission to produce quality energy with a keen focus on environmental care, even as market volatility looms large. Under the…

  • Environment NewsPhuket outlines five-year sustainability development plan

    Phuket outlines five-year sustainability development plan

    Phuket advances with innovative efforts that integrate community-based tourism, gastronomy, and smart city solutions as part of a five-year development plan for sustainable growth. Suphon Suwannarat, the governor of Phuket Province, highlights the long-term vision. “We have a 20-year development goal for Phuket province, which is Phuket as a city of the new economy based on sustainable development to create…

  • Thailand NewsThailand to explore small nuclear reactors for clean energy boost

    Thailand to explore small nuclear reactors for clean energy boost

    Energy Ministry officials are set to assess the feasibility of developing small nuclear power plants as part of the updated power development plan (PDP). This initiative aims to increase the use of clean energy and reduce carbon dioxide emissions. The technology under consideration is the small modular reactor (SMR), which can generate up to 300 megawatts per unit (MW), roughly…

  • Business NewsThailand’s PTT Plc sees future in hydrogen fuel for vehicles

    Thailand’s PTT Plc sees future in hydrogen fuel for vehicles

    PTT Plc, Thailand’s national oil and gas conglomerate, is forecasting a future where hydrogen could potentially replace oil-powered vehicles, contributing to the reduction of air pollutants. This year, the company’s subsidiary Arun Plus, in collaboration with Taiwan’s Hon Hai Precision Industry Co., is planning to domestically produce electric vehicles (EVs). Additionally, PTT is partnering with various companies to advance the…

  • Business NewsTPIPP announces coal-free green initiative plans by 2026

    TPIPP announces coal-free green initiative plans by 2026

    TPI Polene Power (TPIPP), the largest waste-to-energy (WTE) project developer and operator in Thailand, announced its coal-free plans as part of a broader green initiative. The Stock Exchange of Thailand (SET)-listed firm intends to be fully fuelled by renewable energy sources by 2026. Pakkapol Leopairut, TPIPP Executive Vice-President for accounting and finance, detailed the company’s ambitious green transition plan. Coal…

  • Thailand NewsDriving economic growth: Thailand’s quest for clean energy

    Driving economic growth: Thailand’s quest for clean energy

    The call to action resonates through Thailand’s corridors of power as demands surge for the nation to lead the clean energy revolution across the region, igniting economic growth. Burin Adulwattana, the managing director and chief economist at Kasikorn Research Centre (K-Research), underscores the urgency of this endeavour, stressing its pivotal role in ensuring competitive pricing for clean energy within Thailand.…

  • Business NewsEGCO to utilise Indonesian petrochemical operations for clean energy development

    EGCO to utilise Indonesian petrochemical operations for clean energy development

    Electricity Generating (EGCO), the power generation subsidiary of the Electricity Generating Authority of Thailand (EGAT), plans to utilise its petrochemical operations in Indonesia to foster clean energy development, with a particular focus on hydrogen fuel. EGCO secured a 30% stake in PT Chandra Daya Investasi (CDI), a division of Indonesia’s largest integrated chemical and infrastructure solution provider, PT Chandra Asri…

  • Business NewsThailand and Cambodia reignite talks on joint petroleum production

    Thailand and Cambodia reignite talks on joint petroleum production

    The Petroleum Exploration and Production Industry Club has shown its full support to the renewed efforts of the government to kickstart the oft-stalled talks on joint petroleum production between Thailand and Cambodia. The talks revolve around the Overlapping Claims Area (OCA), located in the Gulf of Thailand. Nipatsin Yimyam, the club’s chairman under the Federation of Thai Industries, stated their…

  • Phuket NewsPhuket aims to slash greenhouse emissions by 440,000 tons by 2030

    Phuket aims to slash greenhouse emissions by 440,000 tons by 2030

    Phuket officials assembled on Wednesday for an in-depth training workshop on the Low Emission Support Scheme (LESS). The mission: to slash the island’s greenhouse gas emissions by a hefty 440,000 tons – that’s 9.6% of the island’s total emissions – by the year 2030. The workshop was masterminded by Watthanaphong Suksai, the director of Phuket’s Natural Resources and Environment office.…

  • Business NewsNex point projects commercial EV sales to hit 5,556 by 2024

    Nex point projects commercial EV sales to hit 5,556 by 2024

    Nex Point, a SET-listed local assembler of commercial electric vehicles (EVs), is forecasting sales to hit 5,556 units by the end of 2024. This projection stems from an increased demand from businesses operating in the transport and logistics industries. A rise in such interest is tied to these sectors’ growing commitment to lower carbon emissions. Between January and September of…

  • Business NewsThailand’s new green utility tariff boosts renewable energy use

    Thailand’s new green utility tariff boosts renewable energy use

    The unveiling of a Green Utility Tariff (GUT) next month is set to bring about a significant progression in renewable energy use within Thailand, bolstering local businesses and attracting foreign investment. This move has been eagerly awaited by numerous companies considering expansion into Thailand, as they seek not only the necessary infrastructure but also a source of clean energy to…

  • Business NewsBGRIM’s solar sonata: Renewable energy giant strikes the right chord in Italy

    BGRIM’s solar sonata: Renewable energy giant strikes the right chord in Italy

    BGRIM, a leading player in the renewable energy sector, has launched a new project for a solar power plant in Italy. The Ortanova project involves the development of an 80.9-megawatt ground solar energy system, complete with a tracking system. This initiative is in response to the growing global demand for clean energy. The undertaking is steered by RES Co Sicilia…

  • Transport NewsSRT modernisation: State railway plans 1.5 billion baht investment in electric trains

    SRT modernisation: State railway plans 1.5 billion baht investment in electric trains

    In an attempt to modernise and become more efficient, Thailand’s State Railway (SRT) has shifted its attention towards procuring electric trains as opposed to previously planned diesel locomotives. In the words of SRT’s head, Nirut Maneephan, the altered proposal has gained the green light from the National Economic and Social Development Council (NESDC), and the SRT modernisation plan with an…

  • Business NewsHydrogen program launched by Egco to cut CO2 emissions in the US

    Hydrogen program launched by Egco to cut CO2 emissions in the US

    A significant advancement in the pursuit of cleaner energy took place recently, as Electricity Generating Plc (Egco), a subsidiary of the state-run Electricity Generating Authority of Thailand, launched a hydrogen program. This new initiative is set in the Linden Cogen thermal cogeneration plant’s 172-megawatt Unit 6, located in the US. The hydrogen fuel blending programme is part of a wider…

  • Business NewsSustainable financing: Unlocking Thailand’s net-zero pathway challenge

    Sustainable financing: Unlocking Thailand’s net-zero pathway challenge

    The urgency of tackling climate change and transitioning towards a sustainable future has drawn increased attention to the importance of sustainable financing in recent years. With every investment decision holding the potential to mould the fate of the planet, governments, corporations, and financial institutions are recognising the significance of funding environmentally friendly initiatives. The push for a net-zero carbon economy…

  • Business NewsElectrifying expansion: Demco sparks digital tech and renewable energy growth

    Electrifying expansion: Demco sparks digital tech and renewable energy growth

    Demco yesterday announced expansion plans focusing on diversifying the company’s business into digital technology and enhancing its renewable energy portfolio. As a stock exchange of Thailand (SET)-listed contractor and engineering service provider, the company acknowledges not getting involved in the state renewable development scheme during its first phase. Pongsak Sirikupt, the company’s chief executive and managing director, revealed that Demco’s…

  • Business NewsThailand advances in clean energy and carbon credit trading

    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,…

  • Environment NewsBangkok seeks 90 billion baht budget approval for green spaces and pollution projects

    Bangkok seeks 90 billion baht budget approval for green spaces and pollution projects

    The Bangkok Metropolitan Administration (BMA) is set to request a 90 billion baht budget for 2024, with plans to revise policies in line with global trends and the new cabinet’s direction. This decision follows a recent meeting of the Bangkok Executive Board, chaired by Governor Chadchart Sittipunt. Chadchart revealed that the budget management format would adopt a zero-based budgeting approach.…

  • World NewsIndonesia adopts cool roofs to combat heatwaves and reduce energy costs

    Indonesia adopts cool roofs to combat heatwaves and reduce energy costs

    A low-cost, sustainable solution to the increasing heatwaves in Southeast Asia is being implemented in Indonesia through the use of “cool” roofs. These roofs have a special coating applied to them that reflects sunlight and reduces the amount of heat absorbed by a building, resulting in lower indoor temperatures. In Indonesia, the Cool Roofs project, led by architecture lecturer Beta…

  • Business NewsVietnam PM approves 4.7bn power plan, unlocking G7 green-transition funds

    Vietnam PM approves $134.7bn power plan, unlocking G7 green-transition funds

    Vietnam’s Prime Minister Pham Minh Chinh has approved a power development plan requiring US$134.7 billion of funding for new power plants and grids, a move that could potentially unlock billions of dollars in foreign investment. The plan, known as PDP8, aims to ensure energy security for the Southeast Asian country while transitioning from its current heavy reliance on coal to…