Showing 1 - 10 of 11
UHG and DIA Enter into Solar Agreement for Three Additional Properties
Published on 17/12/2025
» Urban Hospitality Group (UHG) and DIA Co., Ltd. have entered into a strategic Solar Power Purchase Agreement (PPA), a pivotal step towards boosting their eco-friendly and socially responsible business practices. This collaboration highlights the shared dedication of both entities to diminishing their carbon emissions by enhancing UHG’s energy framework with additional solar systems. Previously, their pioneering solar project has been operational since August 2025 at UHG’s prime riverside property, The Quarter Chaophraya, setting a precedent for this initiative.
EA Returns to Profit, Signaling a Steady Recovery and Sustainable Growth
Published on 13/11/2025
» Energy Absolute Public Company Limited (EA) reported a strong turnaround in its third-quarter 2025 performance, posting a net profit before extraordinary items of THB 736 million, representing a more than 100% increase both quarter-on-quarter (QoQ) and year-on-year (YoY).
B.Grimm, Siam Piwat Partner for Clean Energy Future
Published on 06/10/2025
» A landmark collaboration between B.Grimm and Siam Piwat Group is set to redefine sustainable development in Thailand through a multi-dimensional strategic partnership spanning renewable energy, digital innovation, biodiversity, holistic wellness, and cultural promotion.
KResearch Warns Thai Firms on EU Carbon Tax
Published on 26/09/2025
» Bangkok, September 26, 2025 - The European Union (EU) is set to begin collecting a carbon tax under the Carbon Border Adjustment Mechanism (CBAM) early next year. It is expected that related impacts on Thai exports may increase by around Baht 28 billion within 2030. Thailand still awaits the implementation of mandatory domestic measures, but delays in legislation could place Thai businesses at a competitive disadvantage. Most Thai industries continue to emit greenhouse gases above the EU CBAM standards, exposing them to the risk of higher costs. The period from 2025 to 2030 will be a critical turning point, where businesses that begin reducing greenhouse gas emissions early will gain a competitive edge.
Saha Group Launches Floating Solar Project with Ratch
Published on 10/07/2025
» Bangkok, July 9, 2025 – Saha Pathana Inter-Holding Public Company Limited (SPI) is advancing its commitment to sustainable industrial development through a partnership with Ratch Pathana Energy Public Company Limited (SCG), signing a Memorandum of Understanding (MoU) to jointly develop clean energy projects across all Saha Group Industrial Parks. The first initiative under this partnership is a floating solar project installed on a reservoir adjacent to the runway at Saha Group Industrial Park – Lamphun, designed to supply electricity to industrial customers and support Thailand’s renewable energy goals.
Thai Airways, GreenYellow Partner on Clean Energy
Published on 20/06/2025
» Bangkok, June 18, 2025 – GreenYellow (Thailand) Co., Ltd., a global investor and operator in solar energy production (Solar PPA) and energy efficiency, has joined forces with Thai Airways Public Company Limited, Thailand's national airline. This collaboration was formalised through the signing of a Power Purchase Agreement (PPA) to invest in, install, operate, and maintain a comprehensive solar power generation system, including both rooftop and carport installations, at Thai Airways’ Head Office. Under the 20-year agreement, the system will have a total installed capacity of 999.7 kilowatt-peak (kWp) and is expected to generate 1,359 megawatt-hours (MWh) of electricity annually, reducing carbon dioxide emissions by approximately 589 tonnes per year. This marks a significant step, underscoring Thai Airways’ commitment to driving environmentally friendly and sustainable operations.
24X Secures Series B Funding for Service Expansion
Published on 19/12/2024
» 24X, a Thailand-based startup revolutionising the maintenance and living services landscape, has successfully raised Series B funding from Wavemaker Ventures, the early-stage fund of Wavemaker Partners, and Krungsri Finnovate. The funding marks a significant milestone in 24X’s journey toward becoming a comprehensive service provider, specialising in maintenance, installation, and renovation for B2B and B2C markets.
GreenYellow, Unilever Drive 1,500-Ton Carbon Reduction
Published on 04/12/2024
» GreenYellow (Thailand) Co.,Ltd., a leading provider of solar energy solutions, specialising in solar power production and energy efficiency enhancement, and Unilever, one of the world's largest consumer goods companies, have announced a strategic partnership to drive clean energy adoption. This collaboration underscores their shared commitment to a sustainable and environmentally friendly future. The partnership features a rooftop solar installation at Unilever's Minburi factory in Ladkrabang Industrial Estate, under a Power Purchase Agreement (PPA), which has commenced commercial operation. The project is expected to reduce carbon dioxide emissions by 1,544 tons annually, equivalent to planting over 34,000 trees.
SEC Approves WEH's Second Debenture Issue of 2024
Published on 25/10/2024
» The Securities and Exchange Commission (SEC) has approved the filing for Wind Energy Holding Co., Ltd's second debenture issuance of 2024, with 2.5-year term, maturing in 2027, offering 7.15% annual return. The debentures will be offered to institutional investors and/or high net worth investors from 29-31 October 2024, with proceeds to be used for business expansion, new project investments, intra-group lending or debt repayment, and working capital.
Avaada Energy Wins 1050 MWp Solar Project in NTPC Auction
Published on 01/06/2024
» Avaada Energy, a prominent entity in the renewable energy industry and a subsidiary of the Avaada Group, proudly announces a significant achievement. The company has secured the largest single bid for a 1050 MWp solar project in a recent tender by the Renewable Energy Implementing Agency (REIA) and National Thermal Power Corporation (NTPC). This milestone highlights Avaada's expertise and dedication to advancing India's renewable energy goals.