ADB invests $155 million in Thai green bonds
The Asian Development Bank (ADB) plans to invest 5 billion Thai baht (US$155 million) in Thailand-based B.Grimm Power Public Company Ltd via five- and seven-year green bonds. Reportedly, the bonds are the first certified climate bonds issued in the country. According to the bank, the proceeds have been earmarked for nine operational solar PV plants […]
ERC poised to reconfirm Glow ruling
PTT’s Global Power Synergy wants to obtain Engie Group’s Glow Energy Plc, but regulators have turned down the proposal on anti-trust grounds. The Energy Regulatory Commission (ERC) is likely to adhere to its recent resolution to derail a takeover effort made by PTT’s unit Global Power Synergy Plc (GPSC) for Glow Energy Plc. ERC chairman […]
Egat faces competition in bids to operate large power plants
Thailand’s power-generating capacity will be deregulated in the near future, meaning the state-run Electricity Generating Authority of Thailand (Egat) must compete with private firms at auctions for new large power plants, according to the tentative national power development plan (PDP). The latest version of the PDP is envisioned as the long-term development plan for the […]
Power plan ‘a setback for sustainable energy’
ENVIRONMENTAL watchdog Greenpeace has called Thailand’s Power Development Plan 2018 (PDP) “sugar-coated” despite its embrace of more renewable energy, saying it still hinders efforts to reduce greenhouse-gas emissions. The Energy Policy and Planning Office (EPPO), which drafted the PDP, affirmed at public hearings last week that it had removed plans for the Krabi and Thepa […]
Researchers seek alternatives to Mekong River hydropower dam
The Mekong River, flowing from the Tibetan Plateau through Myanmar, Laos, Thailand, Cambodia and Vietnam to the South China Sea, is a hotbed of ecological diversity. The roughly 60 million people who live in the region, many in poverty, depend on the river and its tributaries for food and income. But a surge in hydropower […]
Nissan Leaf launched in Thailand, EV goes for RM252k
Edaran Tan Chong Motor (ETCM) is previewing the new Nissan Leaf at the Kuala Lumpur International Motor Show (KLIMS). The premiere of the second-generation electric vehicle here falls in line with that mentioned earlier this year, when it was stated that the car was due to get its first public showing at the event. The […]
BMW To Start Manufacturing Electric Car Batteries In Thailand In 2019
BMW will assemble battery packs in Thailand, too. In the case of BMW Group, the primary battery pack production site is in Dingolfing, Germany, but step-by-step the company is launching also other smaller sites around the world to localize battery assembly. There is already a BMW battery facility in Spartanburg, U.S. as well as in Shenyang, […]
Energy group Total and Corbion start up new Thai bioplastics plant
PARIS (Reuters) – French energy group Total (TOTF.PA) and Dutch partner Corbion (CORB.AS) said they had started operations at their new bioplastics plant in Rayong, Thailand. The plant run by the joint venture Total Corbion PLA would be able to produce 75,000 tonnes a year of poly lactic acid (PLA), which is experiencing rising demand. […]
