PTT’s Power Arm To Invest $635 Million In Renewable Energy Across Asia
Global Power Synergy, the power unit of Thailand’s state-owned oil and gas group PTT, will invest 20 billion baht equivalent to USD 635 million, in renewable energy assets across Asia including India and China.
Great Wall Motors starts selling Haval H6 hybrid electric vehicles in Thailand in overseas expansion drive
Great Wall Motors, China’s largest maker of SUVs, plans to deliver its first locally-built Haval H6s in Thailand later this month, marking another milestone in its global expansion drive.
Korea shares experience of electric vehicles and renewable energy with Thailand
The United Nations Industrial Development Organization (UNIDO) is supporting South-East Asian countries in combatting climate change through policy consultation and capacity building in the areas of renewable energy and energy efficiency.
BGRIM equips dairy with solar hardware
B.Grimm Power Plc (BGRIM) is installing rooftop solar panels with a capacity of six megawatts for Alaska Milk Corporation, the largest dairy manufacturer in the Philippines, as part of its plan to grow its solar power business.
Dow introduces innovation to increase bioethanol production efficiency; Reduces foaming and scaling in the fermentation process
Bangkok – 11 June 2021 – Dow Thailand Group (Dow), a global leading materials science company, has introduced an innovation that increases the efficiency of ethyl alcohol production from molasses; a bioethanol that is the most popular abroad. FLUENT-CANETM eliminates the problem of foaming in the process of fermenting sugar into alcohol.
Gunkul to invest B2bn in cannabis
SET-listed Gunkul Engineering, a renewable energy developer and builder, is allocating capital spending worth almost 2 billion baht to develop a new cannabis plantation and cannabis oil production facility over the next two years.
Energy brightens regional economy
Amid the Covid-induced economic gloom, it was perhaps a surprise to see that the first-quarter profit of companies listed on the Stock Exchange of Thailand had risen by 137% from the same period last year. The energy sector, which accounts for 35-40% of total SET market capitalisation, was the key contributor to this impressive performance.
PTT and Foxconn sign MoU for production of electric vehicles
A memorandum of understanding (MoU) has been signed in Thailand between PTT, the largest publicly listed conglomerate in Thailand, and Hon Hai Technology Group, otherwise known as Foxconn, a global technology solution provider.
