News
Thailand
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 26, 2024
Thailand boosts electric vehicle with up to 50% subsidy for factory construction
Thailand's EV Board approved two new stimulus measures on Feb. 21to boost local production of vehicle batteries and energy storage systems, as well as promote the development of electric buses and trucks.
February 26, 2024
World's most expensive carbon credits in Thailand's first forest initiative
The Bank for Agriculture and Agricultural Cooperatives (BAAC) in Thailand has bought 400 tons of carbon credits at what is considered the world's highest price for such a project.
February 23, 2024
Thailand’s new power plan expected to be implemented by Q2
Thailand’s new power development plan is expected to be finalized by Q2 and will focus more on renewable energy. The final decision on whether to include nuclear power as part of the alternative energy mix will be made by the minister.
February 21, 2024
Thailand's EGCO commits 836 million to expend energy markets including renewables
The Electricity Generating Authority of Thailand (EGTA) announced on Feb. 13, 2024, that its subsidiary, EGCO Group, is planning to invest 30 billion Thai Baht (about 836 million USD) this year. This investment is aimed at adding 1,000 MW of electricity g
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.
