Thailand

Looming power supply woes in Thailand could drive renewables market

This will particularly benefit the solar and biomass sector, Fitch Solutions reported. 

Looming power supply woes in Thailand could drive renewables market

This will particularly benefit the solar and biomass sector, Fitch Solutions reported. 

Thailand turns to LNG imports amidst growing domestic power demand 

This comes as domestic gas production and piped imports from Myanmar declines. 

Thailand may struggle to meet energy needs with low gas production 

More than half of its power mix is sourced from gas-fired power plants. 

Thailand’s CKPower sets 2050 net zero target

The company plans to raise the share of electricity from renewables to 95% from 89%.

Global Power Synergy net profit falls over 50% in Q3

This was linked to the higher fuel prices. 

GPSC profit down 70% YoY to $19.3m in Q2 2022

Quarter-on-quarter, the net profit rose 118%.

B.Grimm Power, INNIO ink MoU to develop power plants in Thailand

The partnership will focus on the LNG and natural gas segments.

Central Retail, GULF partner for solar power production

They invested $2.5m to establish Greengen Energy.

Global Power Synergy, PEA Thailand collab to be energy suppliers 

The MoU covers exploring models where GPSC serves as an electricity supplier for PEA.

Global Power Synergy’s green bonds oversubscribed by 2.3 times

The bonds are worth THB12b with tenors of 3-15 years.

Thailand to turn to renewable energy amidst gas supply challenges

This is to ensure security in electricity supply in the country.

Thailand gas imports from Myanmar drop to 15% in 2021: report

This was driven by the political and social unrest in Myanmar. 

Thailand could brace potential gas supply shortage from Myanmar

The country is expected to rely on Laos for electricity supply.

World’s largest hydro-floating solar farm begins lighting up Thailand

The $34m solar farm is as big as 70 soccer fields combined.