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News

Thailand

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.
August 06, 2024

Thailand targets 585 million kWh savings with new public sector energy-saving plan

To reduce the country’s overall energy consumption, the Thai government is launching an energy-saving program targeting public sector agencies.
July 30, 2024

Thailand unveils new incentives to lure hybrid vehicle investment

Thailand announced that manufacturers producing hybrid vehicles will benefit from a reduction in excise tax. This move will attract at least 50 billion baht (about USD 1.4 billion) in new investments over the next four years.
July 19, 2024

Thailand considers electricity price increase of up to 44%

The Thai government is considering raising electricity prices, causing concerns in the industry about potential impacts on multinational corporate investment. Kriengkrai Thiennukul, Chairman of the Federation of Thai Industries (FIT), stated that Thailand
July 16, 2024

Thailand to open DPPA to attract data center investment

To attract foreign investment, particularly from data centers, the Thai government intends to open up Direct Power Purchase Agreements (DPPA), allowing businesses to directly purchase green electricity from power generators.
July 11, 2024

Thailand's EV insurance struggles with high costs, rapid depreciation

With a loss ratio exceeding 90% for Thailand's EV insurance and fluctuating prices in both new and used cars, insurance companies encounter significant challenges in setting appropriate insurance premiums.
July 04, 2024

Taiwan's green energy, smart mobility solutions shine at ASEAN Sustainable Energy Week

Several Taiwanese companies exhibited their innovative green energy and smart mobility products at the ASEAN Sustainable Energy Week from July 3 to 5, capturing business opportunities in Southeast Asia's energy transition.
July 03, 2024

ASEAN Sustainable Energy Week sheds light on EV technologies, energy storage solutions

ASEAN Sustainable Energy Week took place from July 3 to 5 in Bangkok, Thailand, featuring over 1,400 global energy brands showcasing the latest in electric vehicle technology and energy storage solutions and expected to attract 28,000 visitors.
July 01, 2024

Thailand's development of "plastic roads": a sustainable infrastructure innovation

Plastic is primarily composed of high-carbon fossil fuels, with annual carbon emissions equivalent to 600 coal-fired power plants. Due to its resistance to natural decomposition, recycling and reuse have become critical issues.
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