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GENERAL

New solar panel partnership targets higher sales

Business, Yuthana Praiwan, Published on 21/08/2024

» New Energy Plus Solutions Co, a local distributor of solar panels, has partnered with Chinese solar panel maker LONGi Green Energy Technology in a bid to increase sales amid intensifying competition.

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GENERAL

State urged to widen tax scheme

Business, Yuthana Praiwan, Published on 20/08/2024

» The IEEE Power and Energy Society (Thailand) is asking the government to allow more households and businesses to join its new tax reduction scheme for people installing rooftop solar panels in order to stimulate the use of clean energy.

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GENERAL

Bangchak seeks Asean carbon trade

Business, Yuthana Praiwan, Published on 17/08/2024

» An initiative to develop a carbon credit market in Asean is taking shape as energy conglomerate Bangchak Corp has teamed up with Bursa Malaysia -- Malaysia's stock exchange -- to push ahead with the project.

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GENERAL

Fresh call for Cambodian talks on untapped fuel field

Business, Yuthana Praiwan, Published on 13/08/2024

» The Petroleum Institute of Thailand is pushing energy and foreign affairs authorities to engage in talks with Cambodia on joint petroleum production in the overlapping claims area (OCA), as there has been no progress on the issue since early this year.

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GENERAL

Effort to reduce energy subsidies wins backing

Business, Yuthana Praiwan, Published on 10/08/2024

» Tax authorities and energy advocates support the Oil Fuel Fund Office's (Offo) initiative to better manage the loss-ridden Oil Fuel Fund, with its universal diesel and liquefied petroleum gas (LPG) price subsidy programmes likely to end, according to a public hearing on the 2019 Offo Act.

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GENERAL

PTTEP banking on Ghasha investment

Business, Yuthana Praiwan, Published on 08/08/2024

» PTT Exploration and Production Plc (PTTEP) expects its new investment in the Ghasha concession in the United Arab Emirates to increase its petroleum reserves, making them sufficient for sale for up to seven years.

GENERAL

Ratch adds solar farm in Philippines to its portfolio

Business, Yuthana Praiwan, Published on 07/08/2024

» SET-listed Ratch Group, the power generation subsidiary of the Electricity Generating Authority of Thailand, is expanding its renewable energy portfolio, with the latest addition being the 74-megawatt Calabanga solar farm in the Philippines, which recently commenced operations.

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GENERAL

Light Up rejigs plan amid budget delay

Business, Yuthana Praiwan, Published on 06/08/2024

» MAI-listed Light Up Total Solution, a local fully integrated lighting systems supplier, needs to adjust its cash spending plan due to the delay in state budget spending for fiscal 2024.

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GENERAL

New energy saving scheme set to be approved shortly

Business, Yuthana Praiwan, Published on 05/08/2024

» A plan to have the Metropolitan Electricity Authority (MEA) and Provincial Electricity Authority (PEA) help state agencies manage energy conservation projects under long-term contracts is expected to be approved by the government soon to speed up efforts to save energy in the state sector, says the Department of Alternative Energy Development and Efficiency.

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GENERAL

Power tariff set to fall by early 2025

Business, Yuthana Praiwan, Published on 02/08/2024

» The power tariff, which will be capped at 4.18 baht per kilowatt-hour (unit) to maintain electricity prices until the end of this year, is likely to decrease early next year, as global demand for liquefied natural gas (LNG) is thought to be decreasing, which would result in lower gas prices.