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BUSINESS

Huge renewable scheme up for auction

Business, Yuthana Praiwan, Published on 10/03/2023

» Energy officials are preparing to organise a new auction for a 3.66-gigawatt renewable power scheme to increase clean energy usage in Thailand, says the National Energy Policy Council (NEPC).

BUSINESS

ADB, Monsoon Wind ink financing deal

Business, Yuthana Praiwan, Published on 03/03/2023

» The Asian Development Bank (ADB) and Monsoon Wind Power Co have signed a financing agreement worth US$692.5 million to support the construction of a 600-megawatt wind power plant in southern Laos, the largest cross-border wind energy project in Asean.

BUSINESS

Gulf moves into UK with investment in offshore wind farm

Business, Yuthana Praiwan, Published on 04/03/2023

» SET-listed Gulf Energy Development, Thailand's largest power producer by market value, continues to seek new business opportunities overseas with its latest investment in the development of a 1,500-megawatt offshore wind farm project in the UK.

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BUSINESS

WHAUP solar panel business set to surge

Business, Yuthana Praiwan, Published on 08/03/2023

» SET-listed WHA Utilities & Power Plc (WHAUP), which provides utilities under WHA Corp, Thailand's biggest industrial land developer and operator, expects its rooftop solar panel installation service to grow by 24% to 300 megawatts this year, thanks to greater adoption of clean energy in the industrial sector.

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BUSINESS

PTTEP grabs 2 new licences in Gulf

Business, Yuthana Praiwan, Published on 08/03/2023

» PTT Exploration and Production Plc (PTTEP) was awarded exploration and production licences at two of three new petroleum blocks in the Gulf of Thailand, a move that should pave the way for more domestic oil and gas supply to strengthen the country's energy security.

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BUSINESS

Gulf completes purchase of US gas plant

Business, Yuthana Praiwan, Published on 01/03/2023

» Gulf Energy Development Plc, Thailand's largest power producer by market value, is set to rake in more revenue after becoming an owner of Jackson Generation, a 1,200-megawatt gas-fired power plant in the US.

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BUSINESS

B41.5bn set aside for renewables

Business, Yuthana Praiwan, Published on 01/03/2023

» SET-listed Super Energy Corporation, Thailand's largest operator of solar farms by capacity, plans to increase its revenue in 2024 and 2025 by allocating capital spending of 41.5 billion baht to fund renewable projects in Thailand and Vietnam.

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BUSINESS

CKP profits increase by 11.8% to B2.4bn

Business, Yuthana Praiwan, Published on 22/02/2023

» CK Power Plc (CKP), the power generation arm of Ch Karnchang Plc, Thailand's second-largest construction firm, saw its profit increase by 11.8% to a record high of 2.4 billion baht last year, despite a surge in energy prices.

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BUSINESS

OR allots B31.2bn for capex this year

Business, Yuthana Praiwan, Published on 22/02/2023

» PTT Oil and Retail Business Plc (OR) plans to allocate capital spending worth 31.2 billion baht to fuel businesses in Thailand and overseas, with the largest portion of money going to non-oil businesses.

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BUSINESS

BGRIM acquires Italian developer of renewables

Business, Yuthana Praiwan, Published on 23/02/2023

» B.Grimm Power Plc (BGRIM), an energy developer with the largest capacity in the small power producer segment, has bought the Italian renewable energy developer and operator RES Company Sicilia.