News
Thailand
November 19, 2024
Thailand's sluggish car market still attracts Chinese investment
Thailand's weak automotive market may hinder the development of electric vehicles (EVs). After revising its car production targets for the year, the Federation of Thai Industries (FTI) has also lowered its forecast for new EV registrations.
November 11, 2024
Thailand to add 3 more large-scale pumped storage hydropower plants
To mitigate the impact of intermittent wind and solar power generation, the Electricity Generating Authority of Thailand (EGAT) plans to invest 90 billion Thai baht (approximately 2.6 billion USD) in expanding pumped-storage hydropower plants at three dam
October 24, 2024
Thailand’s PTT GC, Bangchak set to launch SAF next year
Thailand's PTT and Bangchak are investing in Sustainable Aviation Fuel (SAF), with plans to launch biofuels next year to tap into the green transportation market.
October 21, 2024
Central Group, TSS partner to roll out solar solutions in Vietnam's retail outlets
Thailand's Central Group is intensifying its sustainability initiatives in Vietnam. This includes the expansion of rooftop solar installations and efforts to reduce energy consumption, aimed at mitigating the impact of Vietnam's unstable power supply.
October 04, 2024
Meranti to deploy 2 technologies to build first green flat steel plant in Southeast Asia
Meranti, a steel manufacturer headquartered in Singapore, pledges to build Southeast Asia's first green flat steel plant in Thailand. The company plans to use hydrogen to replace coal in its operations, coupled with electric arc furnace technology powered
September 30, 2024
Thailand’s carbon tax to link with excise tax
Thailand's carbon tax is expected to be implemented this year. Officials from the Ministry of Finance have revealed plans to link the carbon tax with the excise tax to prevent companies from passing on costs to consumers. Additionally, the country will ad
September 30, 2024
Thailand turns to mangrove carbon credits despite scepticism
Thailand aims to bring thousands of hectares of mature mangroves into its new carbon market, but local communities are concerned about the consequences.
September 26, 2024
Thailand prepares $93 bln for energy plans to curb carbon emissions
To achieve its carbon reduction targets, Thailand is formulating five major energy plans with a total investment of 2.9 trillion baht (about 93 billion USD). Over 50% of this budget will be allocated to renewable and alternative energy.
September 18, 2024
Thailand's largest cement producer commits $6.3 billion to green transition
Thailand's largest cement producer, Siam Cement Group (SCG), plans to invest THB 200 billion (about 6.3 billion USD) over the next five years to enhance the competitiveness of its subsidiaries, SCG Chemicals and SCG Cleanergy.
August 12, 2024
Thailand’s EV incentive plan draws major investments from Nissan, Hyundai
To attract investment from electric vehicle (EV) related businesses, the Thai government has rolled out a series of incentives, prompting responses from major multinational companies.