Tag: renewable energy

08
Sep

Thai renewables company BCPG looks homeward for $1 billion spending budget

BCPG logo

Bangchak Corporation Public Company $1 billion renewable energy investment

BCPG, the renewable energy off-spring of Thailand’s Bangchak Corporation plans to invest $1 billion throughout the next 5 years with 40 percent of that planned for domestic power projects after many years of spending money overseas.

In order to achieve its target of owning 1,000 megawatts (MW) of renewable generation capacity by 2020, BCPG will have to posses an additional 400 MW of capacity.

Thai renewables company BCPG looks homeward for $1 billion spending budget

Thai renewables company BCPG looks homeward for $1 billion spending budget

BCPG is planning to build 150 MW of the new 400 MW capacity in Thailand, focusing on biomass and rooftop solar power investments. The remaining capacity would probably be an investment in wind power projects around Thailand.

BCPG plans to use the rooftop solar projects as a way to bring the micro-grid concept to Thailand. The photovoltaic panels on residential and industrial properties will produce renewable electricity that will then be sold back to nearby consumers connected to the local grid.

Learn more from the following interview, “Thai renewables company BCPG looks homeward for $1 billion spending budget”.

29
Aug

People react negatively to more coal – Solar is expected to rise

The Thai government expects the country’s electricity demand to grow.

The expected demand for electricity in Thailand, by the year 2036 is 70.33 million kilowatts.

The Thai Government had wanted to build an 800,000kW coal-fired plant to generate power, in the southern Thai province of Krabi. The government wanted to also build another one, with a capacity of 2 million kilowatts, in the province of Songkla.  Both were expected to use coal imported from Indonesia.  EGAT (Electricity Generating Authority of Thailand), in July 2016, tried to obtain preliminary bids for the rights to build the Krabi plant, agreed to give the project to a Chinese-Thai business consortium.

A project to build a coal-fired power plant in Thailand's southern Krabi Province has been stalled.

A project to build a coal-fired power plant in Thailand’s southern Krabi Province has been stalled.

But Thai residents and the local surrounding community groups were concerned about damage to the environment and opposed the project. To avoid a clash, Thailand’s military junta, led by Prime Minister Prayuth Chan-ocha, ordered EGAT to administer a second environmental impact assessment of the project, ‘effectively halting construction of the plant.’

‘Concerned residents’ show us that more people are realising the detriment of coal fired plants, and the benefit of renewable energy.

A project to build a coal-fired power plant in Thailand's southern Krabi Province has been stalled.

 

Click here to read more about why Solar is expected to rise in Thailand on the Nikkei Asian Review..