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Banteay Meanchey solar-energy project awarded

The Council for the Development of Cambodia (CDC) on Tuesday approved Thai-owned Ray Power Supply Co Ltd’s $39.8 million 30MW solar-energy project in the Kingdom’s far northwestern province of Banteay Meanchey. Located in Chhnuor Meanchey commune in the province’s southeastern Preah Net Preah district, the site is around 55km east of downtown Poipet and a […]

Basic Energy completes acquisition of 15% of Thai EPC

MANILA, Philippines — Listed Basic Energy Corp. has completed its acquisition of a 15 percent stake in a Thai engineering, procurement, and construction (EPC) contractor. In a disclosure to the Philippine Stock Exchange yesterday, Basic Energy said it completed its acquisition of 2.52 million shares of VTE International Co. Ltd. (Thailand). VTE International is one […]

BCPG acquiring 4 solar plants

BCPG, a renewable energy business arm of Bangchak Corporation, has announced a takeover deal for four solar power plants in Thailand with a total production capacity of 20 megawatts to further expand its green energy empire.

BCPG cuts capital spending for 2020

SET-listed BCPG, a renewable power generation arm under Bangchak Corporation, has cut capital expenditures for this year to between 8-15 billion baht, says president and chief executive Bundit Sapianchai. The amount was initially set at 20 billion baht in February, but because of the impact of lockdown measures, particularly travel restrictions, the reduced spending is […]

BCPG to acquire more renewables

BCPG Plc, the renewable energy arm of Bangchak Corporation Plc, has announced it is financially ready for its plan to acquire more assets for renewable power generation across Asia.

Better green finance for better environment: Swedish recommendations

Investing in renewable energy is an emerging trend in Việt Nam in response to worsening environmental destruction and the gradual disappearance of essential livelihoods. Việt Nam News talks with Gustav Martinsson, associate professor of financial economics at the Sweden Royal Institute of Technology, about green finance and international experiences that show how Việt Nam’s Government […]

BGRIM debenture funds allocated to green energy drive

B Grimm Power Pcl (BGRIM), Thailand’s leading industrial energy producer with growing overseas presence, has hailed its green debentures offerings as a great success.

BGRIM defies Covid-19 impact with 21% profit leap in 2020

Pursuing strategic partnerships in all businesses to drive future growth

BGRIM earmarks B50bn for expansion

Newly appointed president and chairman of B.Grimm Power Plc (BGRIM), Harald Link, has announced a 50-billion-baht capital spending campaign next year for power generation business expansion.

BIC Insures Vietnamese Intertidal Project

Vietnam’s BIDV Insurance Corporation (BIC) and Ben Tre Renewable Energy Joint Stock company (BTRE) have signed an insurance contract for the 110 MW Ben Tre V1-3 intertidal wind project. BIC, part of the Bank for Investment and Development of Vietnam (BIDV), will provide insurance during the installation of the BTRE V1-3 Ben Tre wind farm.