Thai Road to COP 26 : NDC, Climate Change Bill & green finance
Ahead of COP 26, Thailand is making good progress in the process of enacting its first law directly targeting climate change and its commitment to meet the Paris Agreement goals. On October 20, 2020, the country submitted its NDC to the UNFCCC secretariat and on March 1st, 2021, Thai Deputy Prime Minister Prawit Wongsuwan has […]
Thailand’s first M701JAC turbine begins operations at CCGT plant
The first M701JAC series gas turbine in southeast Asia has gone into commercial operation as part of a new gas-fired power plant in Thailand. Japan’s Mitsubishi Power started operation of the newly completed M701JAC installment. The gas turbine is the first brought online at the Chonburi Province combined cycle power plant operated by Gulf SRC. […]
British Embassy Bangkok showcases British EV and smart city solutions ahead of COP26
Like many other nations internationally, Thailand is facing widespread air pollution and traffic congestion. As a consequence, conversations centred on climate change and urban development have continued to gain momentum in recent years, which reflect the growing significance of climate change issues being brought up at a global stage. Every year, global leaders meet for […]
Thai new renewable energy landmark will boost power supply and tourism
Provincial Electricity Authority (PEA) will promote a hydro-floating solar hybrid project at Sirindhorn Dam in Ubon Ratchathani province as a new landmark for renewable energy and also stimulate the province’s economy by the end of this year. PEA Governor Boonyanit Wongrukmit said the 45-megawatt hydro-floating solar hybrid project will be the first of its kind […]
Investment and innovation in Thai renewable energy
Renewable energy capacity will increase by two terawatts in the Asia Pacific region over the next decade, driven by population growth, strong economic performance, and significant market potential. Southeast Asia will play an important role in this growth, with the region’s electricity demand expected to double by 2040, twice the global average rate.
Orient Cable Sends First Offshore Wind Shipment to Vietnam
Chinese power cable specialist Orient Cable is about to send off the submarine cables for phase one of the Binh Dai offshore wind project in Vietnam.
Thai ESG funds’ asset value jumps to B34bn
The asset value of Thai sustainability mutual funds leapt to 34 billion baht as of last month after tallying 22 billion last year, which was a fourfold increase from 2019, as growing environmental awareness and environment, social and governance (ESG) investments lure investors with the promise of high returns.
Ecuador reaches pre-agreement with Thailand’s PTT to renegotiate oil-for-loan deal
If the proposed deal is signed this year, PTT and PetroChina would jointly receive up to 77 million barrels of Ecuadorian crude per year through 2024, Ortiz said
