New Solar Deal: UMC Metals and New Energy Capital Signed 1.6MWp Solar PPA Agreement to Drive Sustainability in Thailand
New Energy Capital Asia, a prominent provider of corporate and industrial solar energy solutions, has announced a groundbreaking agreement with UMC Metals Ltd, a global leader in the metals industry.
Thailand’s national upstream company PTTEP is planning this year to invest $6.721 billion in oil, gas and clean energy projects both on its home turf and overseas, with the goal of boosting petroleum production by about 9% versus 2023 to 505,000 barrels of oil equivalent per day.
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.
Thailand hopes to start producing lithium from a mine in its southwest in about two years, boosting its ambitions to become a regional electric vehicle (EV) production hub, according to government and company officials involved in the project.
ADB, BANPU Sign 2.4 Billion Thai Baht Deal to Support Electric Tuktuks in Thailand and Battery Production in PRC
The Asian Development Bank (ADB) and BANPU Public Company Limited signed a 2.4 billion baht loan to support the financing of 1,500 six-seater electric tuktuks (e-tuktuks) and related charging stations for micro-scale transit services in Bangkok, Thailand.
SET-listed WHA Utilities and Power (WHAUP), an arm of Thailand’s biggest industrial land developer and operator WHA Corp, is conducting a feasibility study on a green hydrogen project to serve growing demand for clean power, especially in the digital technology sector.
Thailand’s electric vehicle sales may double this year as Chinese manufacturers prepare to roll out their first locally manufactured models and about $2.4 billion in government incentives boosts consumer demand.
In an exclusive update from the Energy Regulatory Commission (ERC), consumers can breathe a sigh of relief as Secretary-General Komkrit Tantravanich guarantees minimal disruption to household electricity bills.