Energy usage likely to be flat this year
Energy consumption in Thailand this year is expected to grow by only 0.1% to an average of 2,015 kilo barrels of oil equivalent per day, mainly due to strict Covid-19 travel restrictions, compared with 2.8% growth in the first half of 2021.
Banpu To Buy Texas Power Plant For $430 Million As Thai Energy Firm Steps Up Green Investments
Banpu—controlled by billionaire Isara Vongkusolkit—has agreed to buy a combined cycle gas-fired power plant for $430 million in Texas as the Bangkok-based coal producer steps up investments in sustainable projects.
Thailand’s Oil Giant Is Going on a Green Spending Spree
Thailand’s oil giant, whose sales account for about 10% of the nation’s economic output, is suddenly spending billions of dollars on electric-vehicle and renewable-energy companies and tilting its traditional businesses toward chemicals and plastics.
Work begins on 145 MW floating solar plant in Indonesia
Abu Dhabi-based renewable energy group Masdar and Indonesian energy company PT PJB have reached financial closing for the 145 MW Cirata Floating Photovoltaic Power Plant on a 225ha section of the Cirata Reservoir in West Java, for which the two companies secured a long-term power purchase agreement with local state-owned electricity company Perusahaan Listrik Negara (PLN) in January […]
AC Energy reports higher profits as clean power investments pay off
MANILA, Philippines — AC Energy Corp. reported higher earnings in the first half, thanks to improving power demand and contribution from its newly operational renewable energy projects.
Indonesia needs Rp3,779 trillion to tackle climate change: Minister
Jakarta (ANTARA) – Indonesia will need an investment of Rp3,779 trillion instead of Rp3,461 trillion projected earlier to address climate change and reduce carbon dioxide emissions by 2030, Finance Minister Sri Mulyani Indrawati has said. “It is an extraordinary high number and that’s only for needs in Indonesia,” she said during an online discussion […]
Cambodia has proposed that Russian energy investors tap nation’s oil
Cambodia is turning to Russian investors after Singapore’s KrisEnergy abandoned the only operational offshore oil block in the Kingdom’s waters. Sok Khavan of the Ministry of Mines and Energy appealed to business leaders during the recent Online Business Mission of Russian Companies to the Kingdom of Cambodia. The Secretary of State pointed out that Russian […]
Fuel consumption drops by 1.7%
Thailand saw its fuel consumption decline by 1.7% to an average of 136 million litres per day during the first half of this year, largely attributed to the third wave of Covid-19, says the Department of Energy Business.
