,Thailand

B.Grimm to spend $1.67b in renewable, fossil fuel assets

Its current power generation capacity is slated to increase by 900 MW in 2021.

Thailand-based independent power producer B.Grimm Power (BGRIM) announced the allocation of 45–50b baht (US$1.50–1.67b) in capital spending to expand its business primarily through asset acquisitions.

Most of the budget will be apportioned for power generation asset purchases for renewable resources as well as fossil fuel.

According to company president Harald Link, there are plans to increase BGRIM’s current power generation capacity of 3,682 MW by 900 MW in 2021, including 624 MW from facilities that are still under construction. Concurrently, BGRIM has set a target to grow to 7,200 MW by 2025.

In the following months, purchase deals for a 300–360 MW power plant in Thailand and a 200–250 MW plant in Malaysia will be revealed.

Moreover, plans to procure wind farm development projects licensed by the South Korean and Vietnamese governments, with combined capacity of 300 MW, are also underway.

On 9 February, Link oversaw the foundation-laying ceremony that commenced the construction of seven 140 MW gas-fired SPP plants held at Laem Chabang, Chon Buri.

Meanwhile, three more ongoing development projects are anticipated to begin operations in 2021: a 16 MW wind farm in Mukdahan, a 15 MW solar farm at the U-Tapao airport, and a solar farm in Cambodia.
 

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

The project aims to transmit renewable electricity from Australia to Singapore.
Onshore wind will take up 82% of China’s 408 GW new capacity between 2021-2030.
With producing green hydrogen costs set to drop, APAC is ripe for a hydro revolution.
The project consists of numerous ground-mounted solar installations currently in development.
ETS covered around 40% of China's 11,535 Mt CO2e emissions in 2019.
In a nutshell, the tips are to minimise total land use, optimise land assessment, and increase land of suitable land.
1.7% is the minimum amount of land needed for solar generation alone.
There is already a notice to proceed with the 50-MW Niigata East Port biomass project.
This plant will be powered using 3-GW solar and 500-MW wind energy.
This is despite the decline of new approvals for coal-fired powerplants in H1 2021.
The country’s share of solar and wind energy will remain consistent.
This will help the region deal with climate change challenges .
The developments of photovoltaic projects will consolidate the German firm's position in the country