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March 11, 2024

IFC green loan to speed up renewable energy in Thailand, Indonesia, and Vietnam

The International Finance Corporation, a member of the World Bank Group, and Siam Commercial Bank of Thailand have decided to provide a green loan to Thailand's renewable energy company, Sermsang Palang Ngan (SPN), totaling approximately 64 million USD.
February 29, 2024

Thailand’s Siam Cement dives into hydrogen energy for green mobility

Thailand's cement giant, Siam Cement Group (SCG), is bullish on the prospects of the green economy and has announced plans to invest 40 billion Thai Baht (about 1.1 billion USD) in sustainable and green innovation fields in 2024. The company aims to expan
February 27, 2024

Phuket Island invites "Tesla of Thailand" to expand low-carbon green tourism

Phuket Island, a popular tourist destination in Thailand, has pledged to become a green island and, on February 17th, signed a memorandum of understanding with the listed energy group Energy Absolute (EA) to comprehensively develop green tourism.
February 16, 2024

Thai SSP eyes on wind power in Taiwan and Philippines

Thai energy listed company Sermsang Power (SSP) announced an expansion in renewable energy development, with an anticipated investment exceeding 10 billion Thai Baht (about 282 million USD).
February 07, 2024

UMC Metals, New Energy Capital inked solar PPA to advance sustainability in Thailand

Thailand’s UMC Metals and Singapore-based New Energy Capital Asia have signed a power purchase agreement (PPA) for a 1.6 MWp solar project in Thailand featuring floating and ground-mounted solar installations.
February 06, 2024

Thai electric truck registrations surge tenfold in anticipation of EU carbon tariffs

In response to the EU's CBAM, the trend of the industrial sector in Thailand switching to electric vehicles is becoming increasingly evident. According to official statistics, the registration of electric trucks surged by over 10 times in 2023.
February 01, 2024

EV & electronic supply chain flee to Thailand due to geopolitical risks

Jareeporn Jarukornsakul, CEO of WHA Group, said that an increasing number of businesses are growing concerned about the potential return of Donald Trump to the White House and the escalating tensions following the Taiwan presidential election.
January 29, 2024

Thai PTT new CEO keeps an eye on 5 expansion plans

Thai PTT, the largest national oil conglomerate in Thailand, approved the appointment of Kongkrapan Intarajang, the current CEO of PTT Global Chemical (PTT GC), as the 11th CEO of the group, succeeding Athapol Lerkpaibul In last Friday's (1/25) board meet
January 12, 2024

Thailand electricity price increase moderates, businesses breathe a sigh of relief

After amending the electricity pricing structure and obtaining cabinet approval, the Energy Regulatory Commission (ERC) of Thailand announced on Jan 10 that the electricity price for January to April this year is set at 4.18 Thai Baht per kWh.
December 29, 2023

Thai residential solar installation hits record as electricity rates surge

Due to the persistently high electricity rates in Thailand, people are increasingly turning to solar power. This year, a total of 1,878 applications were successfully submitted for the "Residential Solar Project", marking a new record since the project's

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