WHA Utilities and Power keen on expansion of overseas clean power

WHA Utilities and Power (WHAUP), an arm of Thailand’s biggest industrial land developer and operator WHA Corp, is conducting a due diligence review of the acquisition of new energy assets overseas worth US$200 million, in a bid to expand its renewable energy business.

Egco targets new assets to boost power

Electricity Generating Plc (Egco), a power generation arm of Electricity Generating Authority of Thailand, plans to increase its investment budget to acquire more assets this year, aiming to add new power generation capacity of 1,000 megawatts each year.

Thailand to Offer Incentives for Used EV Battery Refurbishment

Thailand’s Board of Investment (BOI) has recently announced new incentives aimed at refurbishing used electric vehicle (EV) batteries. According to the BOI, this initiative is part of the country’s strategy to expand EV manufacturing under its targeted S-curve industries.

Direct power purchase pilot project approved

The National Energy Policy Council (NEPC) has approved a pilot project that will allow businesses to purchase electricity directly from power producers. The move is a response to requests from foreign investors, particularly energy-intensive data centre operations, about the possibility of direct power purchase agreements (PPAs) that would help them better manage energy costs.