Global Power Synergy, the power arm of Thailand’s state-owned oil and gas group PTT, will invest THB20 billion ($635 million) in renewable energy across Asia including China and India. The company will borrow the fund from PTT for investment focusing on solar and wind projects. The company is reported to be aiming to have 30% […]
Power Arm of Thailand’s PTT Makes $635M Pivot to Asia Renewable Energy
Thailand’s state-owned oil and gas group, PTT, will invest 20 billion baht ($635 million) in renewable energy in India, China and elsewhere in Asia, as it takes steps to shift from fossil fuels to cleaner energy sources. Power plant using renewable solar energy with sunset over the Gap in the Himalayan Mountain, Kashmir, India Thailand’s […]
Foxconn Teams Up With Thailand’s PTT to Make Electric Vehicles
Foxconn, has expanded its activities in electric vehicles (EVs) over the past year or so, announcing deals with Chinese electric-car maker Byton and automakers Zhejiang Geely Holding Group as well as Italian automobile company Stellantis. TAIPEI: Taiwan’s Foxconn on Monday announced a partnership with Thailand’s state-run energy group PTT PCL to make electric cars in […]
Thailand’s Largest Private-Owned Microgrid Announced
Thai energy company Impact Solar has announced that it is developing Thailand’s largest private-owned microgrid in Sriracha. The 214MW microgrid will comprise gas turbines, rooftop solar and floating solar systems as power generation resources, and a battery storage and control system that will be provided by Hitachi ABB Power Grids. The battery will be controlled […]