Gulf to co-develop Mekong River hydropower project
Gulf Energy Development Plc has teamed up with a Chinese state enterprise to co-develop the 770-megawatt Pak Lay hydropower project in Laos on the Mekong River. The plant, which is based on run-of-the-river hydroelectric technology, should not impact water volume in the river, according to Gulf’s statement.
CKPower to double renewable energy generating capacity in three years
CK Power Plc (CKP), one of the region’s largest producers of renewables-based electricity, has announced its plan to more than double its output in the next three years, reflecting the rapid global shift to renewables-based electricity.
Thailand’s Banpu to buy 50 MW of solar parks in Vietnam
Thai energy company Banpu PCL (BKK:BANPU) today said it has agreed to acquire the companies holding a 50-MW portfolio of two solar parks in Vietnam in a deal worth USD 26.7 million (EUR 23.6m).
Gulf moves into Chiang Mai energy
Gulf Energy Development Plc, Thailand’s largest private power producer by capital market, has acquired Chiang Mai Waste To Energy Co to operate an electricity generation facility as it aims to boost the renewable energy business and tackle increasing amounts of garbage.
Thailand won’t cut diesel excise tax to reduce retail prices
The government said the state Oil Fund still has efficient funding to subsidize diesel’s retail prices until March 31 and there is no need to cut the diesel’s excise tax yet. Minister of Energy SupattanapongPunmeechaow said the government has not yet considered additional borrowing for the state Oil Fund because it has enough funding to cap the diesel price […]
Marubeni, Mitr Phol to pursue biofulel, renewable energy projects in Thailand
Japan’s Marubeni Corp (TYO:8002) on Monday said it will partner will Thai sugar producer Mitr Phol Sugar Corp Ltd to jointly make bio plastic products, produce bioethanol and develop renewable energy projects in Thailand.
Worries in Laos and Thailand as upstream dams drain Mekong River
Laotians and Thais who depend on the Mekong River for life’s necessities — food, water, income — fear the mighty waterway may be drying up. They say climate change may be a factor in recent droughts in the region, but believe the direct cause of their troubles are the many dams China and Laos have […]
Thai company to spend US$1bil on Lao smart city
VIENTIANE (Vientiane Times/Asia News Network): Amata Corporation, a major industrial estate developer in Thailand, plans to invest US$1 billion in the construction of the Amata Smart and Eco City in northern Laos.
