Thailand leads the SEA region for solar development
Thailand is the regional leader in total installed renewable capacity in Southeast Asia.The latest Alternative Energy Development Plan (AEDP) 2015-36 sets a target for renewables to account for 20% of generation by 2036. It was the first country in SEA to implement a feed-in premium intended to spur investment and development of renewable energy projects. […]
25th meeting of Mekong Council reviews work on river
Quang Ninh (VNA) – The 25th meeting of the Mekong River Commission (MRC) Council was convened in Ha Long city, the northern province of Quang Ninh, on November 28. It brought together 120 delegates from the council’s four member countries of Cambodia, Laos, Thailand and Vietnam. The commission’s dialogue partners – China and Myanmar, and […]
SK E&S sells 49% stake in Seoul natural gas plant to Thailand’s EGCO for $779.1m
It will fund new natural gas power plants in South Korea. South Korean power generator SK E&S Co. will sell a 49% stake in Paju Energy Service Co., the operator of a natural-gas power plant near Seoul, to Thai utility EGCO for $779.1m. Yonhap News reports that SK E&S Co. will use the proceeds from the […]
Power Surge
In the past few months, Thailand has seen a rapid growth in independent solar power producers that are using blockchain-enabled technology to trade electricity between themselves. Blockchain, the distributed ledger technology that underpins bitcoin currency, offers a transparent way to handle complex transactions between users, producers, and even traders and utilities. It has been revolutionising […]
Thailand’s Gulf Energy and Mitsui to start working on 2.5GW combined-cycle power plant
About $1.5b will be invested in the project. Thailand’s energy producer Gulf Energy Development (Gulf) and the Public Japanese conglomerate Mitsui have agreed to start works on the 2,500MW Chonburi combined-cycle (CCGT) power plant in the Chonburi province of Thailand before the end of 2018. Approximately JPY170b ($1.5b) will be invested in the project, which […]
ADB signs $227.7m loan deal for 2,500MW power plant in Thailand
The Asian Development Bank (ADB) has signed a $227.7m loan deal with Gulf SRC Company to build a 2,500MW combined cycle power plant (CCPP) in Thailand’s Chonburi Province. Established in 2012, Gulf SRC builds and operates power plants and is completely owned by Independent Power Development, a joint venture (JV) between Thailand-based power generation company […]
Thailand utility eyes 1GW of floating solar on hydro dams, pilots energy storage
State-run utility Electricity Generating Authority of Thailand (EGAT) is planning to facilitate 1GW of hybrid floating solar-hydro projects across eight dams throughout the country. Thepparat Theppitak, deputy governor, power plant development and renewable energy, EGAT, announced the plans at the ASEAN Solar + Storage Congress & Expo in Manila, the Philippines, organised by Leader Associates. […]
Toyota brings forward Thai hybrid battery production
Toyota plans to bring forward its investment in its Thai hybrid vehicle battery plant by a year citing potential shortages of batteries in Japan, according to local reports. The Japanese automaker was awarded tax incentives for its THB19bn (US$575m) investment in hybrid vehicle production and related parts including doors assemblies, bumpers and axles, in Chachoengsao […]
