NEWS COMMENTARY

SP Group and Banpu NEXT partner to offer smart clean energy solutions in Asia Pacific

Published:
December 07, 2021
Services:
Oil and Gas More...
Activities:
Partnership
Average importance

The SP Group–Banpu NEXTpartnership intends to combine expertise on renewable power generation, energy storage, and smart energy solutions to tackle applications such as "district cooling systems," platforms for "cross-border renewable energy certificates (RECs), and smart city solutions." The goal is to drive decarbonization efforts in the Asia-Pacific region, while the companies explore more business opportunities in the energy transition. Clients should expect any district cooling developments to likely manifest over the next several years and wait for blockchain-enabled REC trading applications to prove value and applicability in the region.

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