green energy
- Environment News
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 News
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 News
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 News
PTT plc eyes green methanol production
PTT Plc, a major national oil and gas conglomerate, is contemplating the construction of a green methanol production facility. The project, costing an estimated 3.1 billion baht, aligns with PTT’s initiative to curtail carbon dioxide emissions and manufacture methanol-derived fuels. Traditionally, methanol production relies heavily on fossil fuels. However, PTT’s proposed method utilises biomass or carbon capture techniques, paving the…
- Thailand News
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 News
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 News
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 News
Phuket aims to become a low-carbon green city
The popular tourist destination of Phuket is on course to become a low-carbon green city, thanks to a recent collaboration between Energy Absolute Public Company Limited (EA) and the Federation of Thai Industries Phuket (FTI Phuket). Both organisations have agreed to make this transformation a reality, and Governor Sophon Suwannarat witnessed their commitment at an event held on February 17.…
- Business News
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 News
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 News
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…
- Thailand News
Green airport: Suvarnabhumi’s sustainable future fueled by solar panel installation
In a decisive move towards clean energy, the Airports of Thailand (AoT) are looking to harness the sun’s power, with the installation of solar rooftop panels on the passenger terminal of Suvarnabhumi Airport. The green airport project is part of a larger crusade intending to derive 20% of the airport’s electricity from renewable sources in the coming two years. Announced…
- Business News
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 News
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 News
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…
- World News
Animal fat jet fuel demand risks palm oil surge, worsening emissions
The use of animal fat as a greener alternative to traditional jet fuel is raising concerns about its impact on the environment. Animal fats, considered waste, are used to create aviation fuel with a lower carbon footprint. Demand for such fuel is expected to triple by 2030, driven by airlines. However, experts warn that scarcity in animal fat could lead…
- Environment News
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 News
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 News
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…
