Thailand’s Richest 2019 – Renewables Somphote Ahunai, CEO of Absolute Energy Former securities trader Somphote Ahunai, who made his first billion from solar and wind power, is now betting on electric vehicles and the batteries to power them. Shares in Somphote’s renewable energy company, Energy Absolute — of which he and his family own 44% […]
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Singapore ranked as fourth costliest Asian city to build in – Bangkok 8th 9 May 2019 The construction sector shrank by 3.4% in 2018 due to a slowdown in public sector construction activities. Construction costs in Singapore are still cheaper than Hong Kong as the city-state remained the fourth most expensive city in Asia to […]
Continue ReadingEgat seeks to tackle unstable generation with development of its power generation system 1 May 2019 The state-run Electricity Generating Authority of Thailand (Egat) is proceeding with development of its power generation system to make it more flexible to tackle unsteady power generation from renewable energy. As renewable power generation and distribution increase nationwide, the […]
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Myanmar has an energy problem 30 April 2019 Ever since Myanmar undertook a series of political, economic and administrative reforms in 2011, the country’s economy has steadily improved. According to data from the Asian Development Bank (ADB), Myanmar is enjoying some of the highest growth rates in the region. The ADB predicts that the country’s […]
Continue ReadingPöyry contribute to one of the biggest wind farm projects in Thailand which enters commercial operation 30 April 2019 The 260 MW Hanuman Wind Farm Project, owned by the Energy Absolute Public Company Limited (EA), the largest renewable energy company in the SET, has recently entered commercial operation. Composed of five sub-projects located in Chaiyaphum […]
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Energy Absolute Public Company brings online 260MW Hanuman wind farm cluster in Thailand’s Chaiyaphum province 30 April 2019 Energy Absolute Public Company has brought online the 260MW Hanuman wind farm cluster in Thailand. The development comprises five sub-projects and features Siemens Gamesa G126-2.5MW hardware. Finnish engineering consultancy Poyry provided owner’s engineering services during installation and […]
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Thailand approves power plan, expects capacity to reach 77 GW by 2037 Thailand currently has a power generation capacity of 40,000 megawatts, with 20,000 megawatts to go offline over time 30 April 2019 Thailand’s cabinet on Tuesday approved a national energy plan that looks to add 56 gigawatts (GW) of power by 2037, a senior […]
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Ch Karnchang focused on bidding for large projects both at home and abroad 30 April 2019 Ch Karnchang will focus its efforts on bidding for large construction projects in both the domestic and foreign markets, leveraging on the group’s extensive expertise, especially in managing large and highly complicated projects, the listed company said on Tuesday. […]
Continue ReadingVINCI Construction Grands Projects awarded a wastewater treatment plant in Ho Chi Minh City, Vietnam •Design, construction, operation, and maintenance of a wastewater treatment plant in Ho Chi Minh City, Vietnam’s economic capital •Contract worth €200 million The consortium consisting of VINCI Construction Grands Projets (50% share and lead contractor) and Acciona Agua S.A. (50%) […]
Continue ReadingUnivergy nabs EPCM deal for 50-MW PV project in Vietnam 29 April 2019 Spanish-Japanese company Univergy International on Friday said it has won an engineering, procurement and construction management (EPCM) contract for a 50-MW photovoltaic (PV) power plant in Vietnam. Local developer Hoanh Son Group awarded the Owner Engineering contract to the European firm. Under […]
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