Latest news with #BanpuPublicCompanyLimited
Bangkok Post
09-07-2025
- Business
- Bangkok Post
Sinon Vongkusolkit Named Tatler Gen.T 2025 Honouree
Recognising visionaries who are shaping the future of Asia, Tatler has announced its list of 2025 Gen.T Leaders of Tomorrow—a prestigious honour awarded to exceptional young leaders who are not only excelling in their fields but also driving innovation, social value, and positive change across the region. Among the distinguished honourees is Mr Sinon Vongkusolkit, Chief Executive Officer of Banpu Public Company Limited. Mr Sinon has over 10 years of experience in the energy sector. In 2022, he was appointed the CEO of Banpu NEXT, where he played a key role in advancing Banpu Group's clean energy and energy technology businesses. In 2024, he became the CEO of Banpu and has held the position since, bringing a forward-thinking vision focused on driving energy sustainability that is reliable, affordable, and eco-friendly to address global energy challenges. He is also leading the adoption of AI technology to enhance operational efficiency and reduce carbon emissions. The Tatler's Gen.T Leaders of Tomorrow aims to build a community of next-generation leaders. In 2025, about 200 leaders were selected from nine markets across Asia including China, Hong Kong, Malaysia, Singapore, the Philippines, Taiwan, Thailand, Vietnam, and Indonesia, with 30 from Thailand. The honourees represent a diverse group, such as innovators, entrepreneurs, designers, and artists, as well as leaders driving social enterprise and sustainability initiatives.
Bangkok Post
04-07-2025
- Business
- Bangkok Post
Banpu Shares Indonesia Investment Insights at Forum
Bangkok, July 4, 2025 – Indonesia's expanding energy market and strategic economic role continue to draw forward-looking investors from across the region. Amid rapid development and rising domestic energy demand, the country presents compelling opportunities for businesses with a long-term vision and commitment to sustainable growth. These themes took centre stage at the Indonesia Investment & Trade Forum 2025, where Banpu Public Company Limited shared its success story and investment outlook in the Indonesian energy sector. Mr Sinon Vongkusolkit, Chief Executive Officer of Banpu Public Company Limited, participated as a speaker at the forum, which was jointly organised by Bangkok Bank and Indonesia's Permata Bank. As a company recognised for its successful operations in Indonesia, Banpu offered insights into investing in one of the region's most promising and strategically important markets—economically, socially, and environmentally—while also laying the foundation for next-generation energy ventures. During the session, Mr Sinon expressed Banpu's confidence in Indonesia's abundant energy resources and the strong partnerships that enable mutually beneficial outcomes. He also noted the country's dynamic energy sector growth, supported by increasing domestic demand and the evolution of energy-related technologies and innovations. Stay informed on Banpu's latest news and developments at or
Bangkok Post
01-07-2025
- Business
- Bangkok Post
Banpu Invests in 350MW Battery Project in Australia
Banpu Public Company Limited, a versatile energy company, has announced that its wholly owned subsidiary, Banpu Energy Australia Pty Limited (BEN), has signed an agreement to acquire a 50% interest in the Wooreen Energy Storage System (WESS) project. The remaining 50% is held by EnergyAustralia. Located in Latrobe Valley, Victoria, Australia, the project will have a power capacity of 350 megawatts and a storage capacity of 1,400 megawatt-hours. The WESS project will be capable of supplying electricity to up to 230,000 households continuously for four hours during peak demand. With a total project value of approximately AUD 700 million (equivalent to THB 15,105 million), BEN's equity contribution amounts to around AUD 110 million (THB 2,374 million). Currently under construction, the project is expected to commence operations and begin generating revenue in the second half of 2027. This investment represents a significant milestone in the expansion of Banpu's 'Renewables+' portfolio, which encompasses renewable energy and related businesses under the company's Energy Symphonics strategy. Mr Sinon Vongkusolkit, Chief Executive Officer of Banpu Public Company Limited, said, 'Australia's energy market is undergoing a rapid transformation in power generation. Battery energy storage systems (BESS) are crucial for ensuring supply reliability, integrating clean energy into the grid, and generating revenue from market fluctuations. BESS stores energy from various sources and uses AI-powered software to analyse data, helping to determine the optimal times to store and discharge electricity into the commercial grid.' Banpu's BESS investment aligns with its Renewables+ strategy to build large-scale pipelines of renewable assets — including BESS — in key global markets. The initiative also features long-term portfolio optimisation in response to evolving energy trends, ensuring efficient management in strategic countries where Banpu operates. The project includes a long-term offtake agreement with EnergyAustralia, a leading electricity generator and retailer, ensuring stable revenue generation. 'In the transition towards sustainable energy, we believe BESS will be vital in supporting clean energy infrastructure and will serve as a driving force for Banpu's Energy Symphonics as we progress towards reducing greenhouse gas emissions by at least 20% by 2030 and achieving Net Zero by 2050,' Mr Sinon concluded.
