Mekong River Water Levels Hits Record Lows for a Second Year
The Mekong River Commission has urged China and lower Mekong countries to share more data on hydropower dam operations. Because water flow in the Mekong River has hit record low levels for a second consecutive year. A report by the commission attributes the low water level to two years of reduced rainfall and the operations of […]
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.
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 […]
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 […]
