Thailand’s CKPower sets 2050 net zero target
The company plans to raise the share of electricity from renewables to 95% from 89%.
Thailand-based CKPower announced plans to achieve net zero emissions of greenhouse gases across its electricity generation plants by 2050.
"We have adopted this challenging goal to reduce our absolute emissions of greenhouse gases by 100%,” Thanawat Trivisvavet, Managing Director of CKPower, said.
“It's a decision we have made in consideration of the 26th United Nations Climate Change Conference (COP26), and to support Thailand's national policy to rapidly increase renewables-based electricity generation for both domestic as well as industrial use.”
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CKPower also plans to increase the share of renewables in the electricity it produces to 95% of its total capacity from the current 89%.
Moreover, the company wants to more than double its size in the next three years as well as add another 2,800 megawatts of capacity.