Tag Archives: Thoresen Thai Agencies

Today’s news-July 10

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No sign of a ‘just’ energy transition/US Solar Duties Threaten Climate Goals/Food waste a major contributor to global warming/Energy: Myanmar And Thailand Collaborate/Climate Campaigners Intensify Court Battles/Constant Energy Signs Solar Power Deal/Levanta gains Thai solar project/Air: Thailand, Japan join hands/Plastics: Island enforces plastic ban/Hazwaste: Tackling a toxic waste crisis/Electric vehicles: 7 billion baht for EV subsidies/Honda to end vehicle production/TTA and King Long Target Thai EV Market/Binguo EV launched in Thailand/

No sign of a ‘just’ energy transition

As multiple impacts of climate change become more severe worldwide, including in Thailand, the need for an energy transition becomes ever more paramount. To that end, the latest draft of the Power Development Plan (draft PDP2024), which was unveiled in June, is touted by the Ministry of Energy as being consistent with Thailand’s goals of reaching carbon neutrality by 2050 and net zero by 2065 – goals that already lag behind those of most countries.

According to one source, that draft is not only failing to bring Thailand closer to its climate goals but also risks increasing the economic, social and environmental costs. Continued … 

New US Solar Duties Would Raise Costs and Threaten Climate Goals, Report Says

Solar panel prices could increase by as much as 66% if the U.S. puts new tariffs on imports from Southeast Asia, threatening goals for an energy source critical to combating climate change, according to an analysis published on Tuesday.

The report by Clean Energy Associates, an industry supply chain advisory firm, is among the first to study the potential impacts of what would be new duties on solar cells and modules from Malaysia, Cambodia, Vietnam and Thailand. Continued … 

Food waste a major contributor to global warming, Thai company trying change that

Over a billion metric tons of food is wasted each year. Food waste management is crucial — the issue currently contributes 10% of global greenhouse gas emissions at a time when 783 million people around the world face chronic hunger.

According to the most recent UN Environment Program’s Food Waste Index Report, about 28% of food waste is from food services. Now, one Thai company is trying to lower that statistic. Continued … 

Myanmar And Thailand Collaborate On Renewable Energy Projects

A memorandum of understanding (MOU) signing ceremony took place at Inya Lake Hotel, Yangon, Myanmar, marking a collaboration between Myanmar and Thailand’s energy-engineering sectors.

The MOU was signed between Myanmar’s CAG Engineering Co., an independent power producer (IPP) and a part of the CAG group of companies, and several technical expert companies from Thailand’s power industry, including PEA Encom Co., I Power Co., R & J Co., Mega Prime Group, and Z Carbon. Continued … 

Climate Campaigners Intensify Court Battles Against Fossil Fuel Industry

Climate campaigners are increasingly turning to the legal system in their fight against the fossil fuel industry, seeking to hold energy companies accountable for their role in driving climate change. A recent report from the London School of Economics (LSE) highlights a significant surge in climate-related lawsuits against energy companies, revealing that the UK has become a major battleground in this legal fight.

The LSE report found that there are currently 132 climate cases in the British legal system, up from 102 a year ago. This positions the UK as the third highest center for climate litigation globally, following the U.S. and Australia. Continued … 

Constant Energy Signs Solar Power Deal With Midea Refrigeration Equipment (Thailand)

Constant Energy has signed one of its largest corporate power purchase agreements (PPA) to date, a significant 12-megawatt peak (MWp) solar rooftop project with Midea Refrigeration Equipment (Thailand), a subsidiary of Fortune 500 company Midea Group. This agreement was established in collaboration with Anhui Midea Hekang Electric Power Engineering.

The solar installations, under this partnership, will be deployed at Midea’s factory in Chonburi Province, spanning three buildings and one car park. These installations will comply with Constant Energy’s stringent international health and safety standards. Continued … 

Levanta Renewables gains 139.4MWp Thai solar project portfolio

Levanta Renewables, a Southeast Asian renewable energy developer and independent power producer, has announced its first foray into the Thai market with the acquisition of a 139.4MWp (megawatt peak) operating solar project portfolio.

The company, owned by Actis, has secured a 90% controlling shareholding in the portfolio, previously held by Super Energy Corp. and the Super Energy Group, both subsidiaries of Super Energy. Continued … 

Thailand, Japan join hands to reduce greenhouse gas emissions

Thailand and Japan have partnered under the joint crediting mechanism (JCM) to reduce greenhouse gas emissions and promote low-carbon technology to achieve goals set in the Paris Agreement.

Adopted in 2015, the international agreement aims to limit global warming to 1.5°C, and work to reduce CO2 emissions to net zero by 2050. Continued … 

Thailand’s island enforces plastic ban

People in Koh Nang Yuan, a famous tourist island in southern Thailand, have maintained the habit of limiting the use of plastic items for many years, especially single-use products. Tourists are also required to do the same to retain the island’s natural environment and protect the coral reef.

Comprised of three islets connected by white sand, the island is a great diving spot to see coral reefs. During the peak tourist season, Koh Nang Yuan attracts thousands of tourists every day, most of them are foreign travelers who want to scuba dive to see coral and record wonderful scenes underwater. Continued … 

Tackling a toxic waste crisis

When the cadmium waste scare erupted in early April, the government attempted to allay public fears by returning the waste from Samut Sakhon to its original landfill in Tak province.

However, recent soil inspections in Samut Sakhon show the impact of the pollution caused by the toxic waste might be more serious. Just moving the toxic waste out of the area is not enough, and more must be done to mitigate the pollution risks. Continued … 

Thai government seeks 7 billion baht for EV subsidies

The Thai government plans to request an additional 7 billion baht in funding to support the promotion of electric vehicles (EVs). This effort aims to subsidize 35,000 EVs, with expectations for EV production facilities to compensate with 80,000 to 90,000 units in the first year. Over 30 automotive companies are participating in the initiative.

Previously, the department had already disbursed over 7 billion baht in subsidies, supporting 40,000 EVs. The total subsidy expenditure thus far amounts to around 14 billion baht. Continued … 

Honda to end vehicle production at Ayutthaya plant

Honda Automobile (Thailand) says it plans to stop making cars at its Ayutthaya factory and consolidate all assembly at an expanded Prachin Buri facility to enhance its competitiveness in the electric vehicle (EV) segment.

The moves announced on Tuesday aim to deal with overcapacity and focus resources on electrification as battery EVs gain popularity in the country, where Chinese automakers are fast gaining ground. Continued … 

TTA and King Long Target Thai EV Market

Thoresen Thai Agencies (TTA) ha teamed up with King Long to enter the Thai EV market, targeting commercial electric pickup customers, and aiming to sell 1,000 vehicles in the first year. The first showroom in the suburban Bangkok area was opened recently, and distributor partners were selected.

This year, they will commence market entry with a 1-ton commercial pickup model. The initial model to be released is a single-cab pickup aimed at Thailand’s commercial transport and logistics operators. It will be available for both fleet and retail sales. Continued … 

SAIC-GM-Wuling launches Binguo EV in Thailand

SAIC-GM-Wuling has launched the Binguo EV in Thailand, as Chinese automakers look to get a piece of the Southeast Asian auto market.

The Wuling Binguo EV was launched in Thailand on Mon day and became the new model offered locally by Wuling after the one-year anniversary of the Air EV’s launch in Thailand, the company announced. Wuling is offering two versions of the Binguo EV locally with starting prices of 419,000 baht ($11,510) and 449,000 baht, respectively. Continued … 

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