THE BLOG

29
Dec

BCPG Renewable Energy and the Blockchain

A SET-listed renewable power arm of oil refiner and retailer Bangchak Corporation Plc (BCP), is employing the blockchain to trade and supply Thailand with electricity, says the president and chief executive of BCPG Bundit Sapianchai.

BCPG recently signed an agreement in Bangkok with Perth-based Power Ledger to bring person-to-person renewable energy trading to Thailand and Southeast Asia.

Mr Bundit and Mr Martin signed an agreement with Power Ledger to jointly develop solar power and micro grid systems.

Mr Bundit and Mr Martin signed an agreement with Power Ledger to jointly develop solar power and micro grid systems.

Mr Bundit said BCPG plans to set up the first micro-grid in Bangkok, which will be the first in Southeast Asia to be used by the leading property developer, Sansiri Plc, for its T77 project.

The T77 project will span 80 rai. The first project with a distributed power grid is expected to start operations by mid-2018.

“The Power Ledger energy-trading platform allows building managers to trade renewable energy from solar panels installed at each building with autonomous financial settlement enabled via the use of a secure banking interface,” said Mr Bundit.

If you’re interested in Blockchain technology and how the renewable energy industry is moving forward with it, clock here to read the full article on the Bangkok Post website.
Here at EyeKandi-Solar would love to hear from you and what your thoughts are on the blockchain and paying for your energy this way.

Click here to contact us

21
Dec

Schneider Electric to go 100% renewable by 2030

Eyekandi-Solar supports Schneider Electric in the decision to become 100% renewable by 2030.

“The French energy management and automation company plans to use on-site projects, contracted off-site projects and clean energy credits to meet its new 100% goal.”

As there is an increase in the movement towards powering the world with renewable energy, it’s incredible that large corporations are now spearheading this movement.

The French energy management and automation company Schneider Electric announced recently that it would join the ranks of the tech giants Google, Facebook, Microsoft and Amazon, and strive to power 100% of its global operations with renewable energy by 2030.

schneider_electric_building_latam

Schneider Electric already has rooftop solar in place at facilities in India, Thailand and its headquarters in France. However, the company notes that even as it plans to add more rooftop PV, this will only meet a portion of its total demand.

“Schneider Electric strives to answer the world’s new energy challenge by boosting energy efficiency everywhere: in homes, buildings and cities, industry, the grid, and throughout remote communities,” reads a press statement by the company. “In a world more decarbonized, more digitized, and more decentralized, energy use needs to be more productive.”

Click here to get a quote from Eyekandi-Solar, so you can also jump on the renewable energy bandwagon!

19
Dec

Toshiba lands 6-MW solar panel deal in Thailand

Toshiba Corp

Toshiba has a very impressive record of success in the renewable energy sector, supplying diverse technologies in the fields of system connections and system stabilisation.
Based on this vast experience and trust in the industry, Toshiba photovoltaic systems are now available worldwide.
Toshiba is contributing to society by creating a prosperous tomorrow through next-generation green energy. They recently unveiled a contract to deliver 6 MW of solar panels in Thailand, saying this is its biggest order of its kind in the Asian region.

The deal, the value of which was not disclosed, was awarded by Thailand-based Eight Solar Co Ltd to Toshiba Energy Systems & Solutions Corp.

The equipment will be used in rooftop projects involving six stores within the Home Pro home improvement chain, in line with its plans to lower its dependence on conventional power supply and reduce its carbon dioxide (CO2) emissions.

Toshiba Corp Solar Project in Thailand

Toshiba Corp Solar Project in Thailand

Toshiba and Home Pro

So far, the following Home Pro stores have Solar Rooftop PV Panels installed: Suratthani, Chumphon, Khaoyai, Lopburi, Phrae, Ratchaphruek, Akekamai-Ramintra.

Toshiba noted that it will support Thailand in its efforts to “realise a low carbon society and stable power supply.” The country, which is heavily reliant on fossil fuels, aims to increase the share of solar power to 25% by 2021.

Like Toshiba, Eyekandi-Solar is motivated to assist in the reduction of fossil fuels, by installing PV panels, and Solar arrays where needed.

Contact us here for a quote.

14
Dec

Wind, Solar and Renewable projects on the Climb in Thailand

A recent report by the International Renewable Energy Agency (IRENA) and the Thai ministry of energy found that renewable energy could account for 37% of the country’s electricity by 2036.

Currently, around 18% of Thailand’s power is generated from renewable sources. The bulk is generated from fossil fuel products, with natural gas, condensate and crude oil, and coal accounting for 67% of total energy production.

wind-turbines thailand business news

2017 has been a positive year for renewable energy throughout the Asia Pacific, with the price and cost of power declining throughout the region.  This is due to the decline in tariffs and the price of generating equipment.

By the year 2040, there will be US$10.2 trillion invested in new power generation capacity worldwide, of which US$4.8 trillion will be in Asia.  In Asia, one-third of this investment will be in wind power, one-third in solar, with 18% going to nuclear and 10% to coal and gas.

This is incredible feedback. Eyekandi-Solar has now jumped on board in order to supply the best solar installation service to the Thai region.

 

11
Dec

Enerray to build one of the biggest roof-top PV systems in Thailand

Enerray is a solar power company, leader in the design, construction and management of medium and large photovoltaic systems, both for third-party systems and proprietary systems.

Enerray UAC Thailand

Surat Thani roof top array by Enerray UAC Thailand

Surat Thani roof top array by Enerray UAC Thailand

Enerray-UAC Thailand (UAC.SET) will be building one of the largest roof-top photovoltaic systems in Thailand, with a total capacity of 2.5 MWp, enough to meet the annual energy needs of 1,400 Thai households and avoiding the emission of around 1,800 tonnes of CO2 into the atmosphere, providing an estimated annual output of 3,500,000 kWh of clean energy.

Enerray UAC Thailand has already built and connected different roof-top photovoltaic systems, therefore contributing to the development and expansion of renewable energy in the country.

Enerray UAC was established last year as a joint venture between Enerray S.p.A.,the Italian company,  a subsidiary of the Maccaferri Industrial Group, and UAC Global Public Company Limited, a Thai listed company. The purpose of this subsidiary is to apply the outstanding technologies services and procedures to the Asian market.

Read further to find out about the expanding Solar industry in Thailand by Enerray and how Eyekandi-Solar is assisting in the process.

08
Dec

Solar Prospects are Bright in Thailand

Solar prospects are becoming brighter, despite the dim policy. Declining costs and other incentives are proving to be beneficial to the renewable energy sector.

Workers install solar panels on a house, which can help residents cut down on their electricity bills. WEERABOON WISARTSAKUL

Workers install solar panels on a house, which can help residents cut down on their electricity bills. WEERABOON WISARTSAKUL

With the cost of installing solar rooftops dropping substantially and energy firms offering several types of business models to encourage consumers, home and building owners are taking advantage of the clean power source, even as energy policymakers have not yet finalised regulations to let private solar rooftop owners sell power to state utilities.

Owners of factories, buildings and residences have installed solar rooftops to produce their own power and cut back on expenses.

With falling development costs, the break-even period for those who have invested in solar power has shortened from 15 years in 2012 to eight years in 2016 to five years now, said Prof Dusit Kruangam, chairman of the Thai Photovoltaic Industries Association.

The current trend should make renewable energy a viable competitor with fossil fuels within a decade.

This price decrease has a huge impact in the solar industry. Eyekandi-Solar is right behind you to offer the best service and solar installation in Thailand.

Click here to contact us for a quote, and read this article further to find out more.

06
Dec

Thailand’s Enserv, KEPID join hands in 1 GW of PV, storage

Enserv Group Co, a Thai renewable energy provider and Korea Electric Power Industrial Development Co (KEPID) intend to install over 1 GW of solar and energy storage facilities in Thailand in a THB-40-billion project.

enserv group solar installation

Photo courtesy of Enserv Group

The Bangkok Post has reported that these two companies have signed a memorandum of understanding, quoting Enserv’s CEO Thanachat Pochana. He said that the goal of the project is to install renewable energy and storage capacity that will make Thailand’s power grid more sustainable.

Enserv, which is prominent in the solar power sector, has more than 258 MW of photovoltaic parks in Thailand, which operate under power purchase agreements (PPAs) with the Thai Provincial Electricity Authority. The company is also engaged in research and development in the energy storage segment, biofuel production and energy trading innovation.

KEPID focuses on reading and recording electricity meters, and delivering electricity bills in South Korea. The company also operates and maintains coal fueled power plants, operates flue gas desulfurization systems and recycles fly ash, purchases and compensates plant sites, and constructs, runs, and leases multi-purpose buildings.

Read more about the Thai renewable energy  plan and other interesting facts about Solar Power in Thailand on our website.

 

 

01
Dec

Thailand over achieving their Solar Goals, 2017

Thailand has so far been the leader in developing solar power in Southeast Asia, with one of the government officials saying its installed capacity reached about 2 GW in August, beating the target of 1.7 GW for this year.

“We have already exceeded our target for this year, especially in solar and waste power, given attractive FIT (feed in tariff) rates,” Viraphol Jirapraditkul, director of the Energy Regulatory Commission told Reuters.

“We have discussed about the possibility of raising the target for renewables and the energy ministry’s planning office will need to propose the numbers.”

Malaysia has planned to add 1 GW of solar power capacity by the year 2020 said Energy, Green Technology and Water Minister Maximus Ongkili, up from 267 MW currently.

The Philippines has met a previous target of 500 MW for solar, but no fresh target has been set as the country’s new government is still reviewing the various energy sources.

Some analysts cautioned that Indonesia and Vietnam’s solar targets were ambitious and could be difficult to achieve.

Despite the growth of solar power in the region, coal is likely to remain a major source of energy as fast-growing demand means that Southeast Asia needs to double its power generation capacity in the next decade, government and industry officials said.

Read the full Reuters article here, where it explains the growing solar industry in Indonesia and Vietnam.

An employee of PT Perusahaan Listrik Negara (PLN) cleans the surface of solar panels at a solar power generation plant in Gili Meno island  photo taken by Antara Foto

An employee of PT Perusahaan Listrik Negara (PLN) cleans the surface of solar panels at a solar power generation plant in Gili Meno island
photo taken by Antara Foto