Banpu set to acquire $66 million wind farm in Vietnam
Banpu Pcl, a leading integrated energy solutions company in the Asia-Pacific, is acquiring the El Wind Mui Dinh Wind Farm, which marks a key milestone in the company’s long-term investment in Vietnam. The $66 million acquisition, subject to adjustments outlined in the sales and purchase agreement, was made through BRE Singapore Pte Ltd, an associate company […]
Agencies told to find ways to mitigate Laos dam impact
Deputy Prime Minister Prawit Wongsuwon urged authorities concerned to discuss and find ways to mitigate the possible environmental impact from the Sanakham Dam project in Laos in the upcoming scheduled public hearings. “[The committee] is concerned about the impact of the dam, as it is located just two kilometres away from the Thai border. As such, […]
‘Tesla of Thailand’ Mulls Hydropower Plants to Balance EV Risks
Energy Absolute Pcl took a detour from developing solar and wind farms to lead Thailand’s biggest electric-vehicle venture. While it’s still betting that EVs have the biggest growth potential, the company is also returning to its roots in renewables. The Thai utility is assessing the viability of developing two dam-based hydropower projects in Laos, according to Deputy […]
BCPG eager to build Asean’s largest wind farm in Laos
SET-listed BCPG Plc, a renewable energy arm of Bangchak Corporation Plc, plans to build Asean’s largest wind farm in Laos to generate revenue from rising demand for electricity. The company announced it will spend US$ 840 million, around 26.8 billion baht, developing the facility, with a capacity of 600 megawatts, on 400,000 rai in southern Laos.
Tapping PTT ties, GPSC seeks LNG shipping licence
Global Power Synergy Plc (GPSC) plans to synergise with its parent PTT to help GPSC obtain a licence to operate a liquefied natural gas (LNG) shipping business. GPSC president and chief executive Chavalit Thippawanich said the cooperation with PTT will be an essential part of its business model as PTT owns LNG receiving terminals, the key […]
Cleaning up the Energy Ministry
Since the resignation of Energy Minister Sontirat Sontijirawong, the vacant post has been highly sought after by ambitious power brokers not for its budget, one of the smallest in government, but for its control of lucrative energy contracts plagued by graft and corruption.
Energy for All extension on wish list
Business leaders and farm communities want the next energy minister to continue the Energy for All renewable power scheme, which took effect last year under the previous holder of the post, Sontirat Sontijirawong, who recently resigned. The scheme envisions private investors co-investing with farm communities in biomass-fired power plants at a combined capacity of 1,000 megawatts […]
Thai island that inspired novel ‘The Beach’ to have solar power farm and microgrid
An island in a Thai national park that was a model for the The Beach, a novel turned into a film starring Leonardo DiCaprio, will become more self-reliant, thanks to the power of the sun and a hand from the government. Thailand has earmarked 172 million baht (US$5.4 million) to build a one megawatt solar farm with […]
