According to the Electric Vehicle Association of Thailand, the number of companies that are part of Thailand’s electric vehicle industry has risen significantly since 2015, from 76 to 420 in 2019. This increase represents an increase of more than 81 percent growth in the number of companies operating in Thailand’s electric vehicle ecosystem.

Thailand’s electric vehicle market is underway, with companies focusing on the commercial EV’s as a starting point. As many expect EV’s to be the future of the auto industry, many companies are now making the switch to renewable energy.

Thailand’s Ministry of Finance has revealed it is launching projects that will utilize blockchain technology to enhance government administrative efficiency and assist in revenue collection, asset management and procurement. The use of blockchain technology is expected to eliminate complicated procedures and enhance transparency for government agencies. Memorandum to Implement Blockchain Technology The Ministry of Finance disclosed that […]

The Asian Development Bank (ADB) will invest 5 billion baht (US$155 million) in the maiden green bonds by B.Grimm Power Public Company of Thailand, representing the first certified climate bonds to be issued in Thailand. These details were announced on December 11. The transaction comprised of two tranches – five years and seven years – […]

Thailand’s green bond potential has been recognised with the issuance of the country’s first Certified Climate Bonds which will finance solar power plants with the potential to generate over 140,000 megawatt-hours of clean energy per annum, as the country strives to achieve its 20% greenhouse gas emissions target. Green bonds are a fixed-income debt instrument […]

The 2 MW plant is installed at the historic site of agro-food group SPM, in Thailand. With 2.8 GWh/year of low-carbon electricity, it will cover up to 20% of the site’s annual energy consumption.  

The first M701JAC series gas turbine in southeast Asia has gone into commercial operation as part of a new gas-fired power plant in Thailand. Japan’s Mitsubishi Power started operation of the newly completed M701JAC installment. The gas turbine is the first brought online at the Chonburi Province combined cycle power plant operated by Gulf SRC. […]

PTT Group unveiled Thailand’s first offshore floating solar farm off the eastern province of Rayong.

Thailand will host more than 70 major Asean meetings this year, with an additional 200 supporting meetings also on the cards. Every single one of these requires large amounts of fuel to ferry participants from various capitals to Bangkok or other Thai cities, as well as electricity for the venues. It is no secret that […]

Thailand’s investment promotion scheme for the first half of 2023 was up by almost 70pc from a year earlier to 364.4bn Thai baht ($10.37bn) of proposals, led by the growth in targeted industries like the electronic and auto sectors.