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 […]
Mega First surges on boost from power segment
WHILE 2020 has generally been a fantastic year for glove and healthcare-related stocks, investors who took a chance a year ago on power company Mega First Corp Bhd have not done so badly for themselves. The stock hit a record high of RM7.18 on June 30, more than double its closing price of RM3.50 on July […]
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.
A broken dam and broken promises: Laos doubles down on hydropower despite risks
Two years ago this week, a dam in southern Laos collapsed, releasing a flood that displaced over 7,000 people and killed at least 71. When a section of the Xe Pian-Xe Namnoy hydropower project broke on July 23, 2018, it sent 500 million cubic meters of water downstream. The flooding destroyed people’s homes and farms, inundating […]
