BCPG, the SET-listed renewable power arm of oil refiner and retailer Bangchak Corporation, is negotiating merger and acquisition (M&A) agreements with a set of renewable energy firms as it strives to expand abroad and capitalise on growing demand for green energy. BCPG also expects to increase installation of renewable power generation this year by an additional 100 megawatts, up from 600MW. Of the current capacity, BCPG has 400MW in renewable energy that is operational while the rest remains under construction. BCPG also has a strategic partner, Perth-based Power Ledger, which will bring peer-to-peer (P2P) renewable energy trading to Thailand. The firm has teamed up with Clean Energy Blockchain Network to introduce the platform at Northwestern University for a commercial development in the US.

Source: Bangkok Post May 09, 2018 01:07 UTC