ADB invests $155 million in Thai green bonds
The Asian Development Bank (ADB) plans to invest 5 billion Thai baht (US$155 million) in Thailand-based B.Grimm Power Public Company Ltd via five- and seven-year green bonds. Reportedly, the bonds are the first certified climate bonds issued in the country. According to the bank, the proceeds have been earmarked for nine operational solar PV plants […]
ADB loan to fund Thailand renewable energy projects, EV charging stations
The Asian Development Bank (ADB) has signed a 1.5 billion Thai baht (US$47.62 million) green loan to finance renewable energy projects and a nationwide electric vehicle charging network in Thailand. The loan, signed on February 11, is being extended to Energy Absolute Public Company Limited.
ADB signs $227.7m loan deal for 2,500MW power plant in Thailand
The Asian Development Bank (ADB) has signed a $227.7m loan deal with Gulf SRC Company to build a 2,500MW combined cycle power plant (CCPP) in Thailand’s Chonburi Province. Established in 2012, Gulf SRC builds and operates power plants and is completely owned by Independent Power Development, a joint venture (JV) between Thailand-based power generation company […]
ADB to invest $98.7m in Energy Absolute’s Hanuman wind farm in Thailand
ADB will in green bonds of Energy Absolute to help support long-term financing for the 260MW wind farm Image: ADB to support Thai renewable energy company with $98m loan. Photo: Courtesy of Energy Absolute. The Asian Development Bank (ADB) has announced that it will invest THB3bn ($98.7m) in green bonds of Energy Absolute to help […]
ADB, Energy Absolute Sign Green Loan for Renewable Energy and Electric Vehicle Charging Network
The Asian Development Bank (ADB) and Energy Absolute Public Company Limited (Energy Absolute) signed a 1.5 billion Thai baht ($47.62 million) green loan to finance ongoing renewable energy projects and a countrywide electric vehicle charging network in Thailand.
After decades in darkness, this entire Thai village is now powered by solar energy
PRANBURI, Thailand: Patcharin In-juang was pregnant when she agreed to move to the home village of her husband in Pranburi district in central Thailand back in 2004. She was from the city, so she was expecting a different life in the rural community. But she was shocked to find out when she arrived at Wong […]
Agencies explore recycling possibilities
The Electricity Generating Authority of Thailand (Egat) and the Industrial Works Department are teaming up to study the feasibility of recycling used solar panels and batteries, in line with the circular economy concept. The two parties signed a memorandum of understanding on Thursday on a plan to build a pilot recycling facility after completing a two-year […]
Agencies told to find ways to mitigate Laos dam impact
Deputy Prime Minister Prawit Wongsuwon urged authorities concerned to discuss and find ways to mitigate the possible environmental impact from the Sanakham Dam project in Laos in the upcoming scheduled public hearings. “[The committee] is concerned about the impact of the dam, as it is located just two kilometres away from the Thai border. As such, […]
Allow Quezon power plant to run, ERC urged
THE Department of Energy (DoE) has asked the Energy Regulatory Commission (ERC) to act on Manila Electric Co.’s (Meralco) permit to operate the 455-megawatt (MW) power plant in Mauban, Quezon to boost the country’s power supply. “I wrote [a letter to the] ERC and I manifested to ERC the importance of it being online because […]