EA vehicle deliveries kneecapped by pandemic
SET-listed Energy Absolute (EA) expects 2020 revenue will fall by 25% from an earlier estimation to 15 billion baht, on par with last year’s earnings, because of the pandemic. The pandemic resulted in the company being unable to deliver 5,000 electric vehicles (EV) to clients this year, causing a revenue revision from 20 billion baht set […]
Solar Power Can Help Halt Dramatic Decline Of Migratory Fish
A report issued last week revealed that, worldwide, migratory freshwater fish have declined by 76% since 1970. This result joins a growing and dispiriting list of dramatic declines for biodiversity and wildlife. However, it also highlights a continuing threat to food security for many regions of the world.
BCPG acquiring 4 solar plants
BCPG, a renewable energy business arm of Bangchak Corporation, has announced a takeover deal for four solar power plants in Thailand with a total production capacity of 20 megawatts to further expand its green energy empire.
Agencies told to find ways to mitigate Laos dam impact
Deputy Prime Minister Prawit Wongsuwon urged authorities concerned to discuss and find ways to mitigate the possible environmental impact from the Sanakham Dam project in Laos in the upcoming scheduled public hearings. “[The committee] is concerned about the impact of the dam, as it is located just two kilometres away from the Thai border. As such, […]
‘Tesla of Thailand’ Mulls Hydropower Plants to Balance EV Risks
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 […]
Lao DPM calls for dam action
Ministries concerned were told to intensify action to manage hydropower projects to prevent poor quality development of dams and potential disasters following a deadly collapse of a dam in southern Laos in 2018. Addressing a meeting in the southern Attapeu province on Monday, Deputy Prime Minister Dr Bounthong Chitmany told the ministries to amend existing and […]
Lao Villagers Displaced by Dams in Luang Prabang Still Wait for Promised Land
More than 600 households displaced by the building of 2 dams in a northern Lao province 5 years back are still waiting for arrive on which to farm and completely settle, and are contacting authorities for aid, Lao sources state. The villagers, moved from their land in Luang Prabang province’s Xieng-Ngeun district to give way for […]
BCPG eager to build Asean’s largest wind farm in Laos
SET-listed BCPG Plc, a renewable energy arm of Bangchak Corporation Plc, plans to build Asean’s largest wind farm in Laos to generate revenue from rising demand for electricity. The company announced it will spend US$ 840 million, around 26.8 billion baht, developing the facility, with a capacity of 600 megawatts, on 400,000 rai in southern Laos.
