SPCG announces its commitment to carbon neutrality in 2030 and joins hands with INNOPOWER to “sell” renewable energy production certificates (REC).
Dr. Wandee Khunchornyakong Chulcharoen, Chairman and President of SPCG Public Company Limited or “SPCG,” the pioneer and business leader in generating electricity with solar energy in the form of solar farms. and the first solar roof in Thailand and ASEAN Announcement of intention to reduce greenhouse gas emissions Aiming for carbon neutrality by 2030 or 2030.
SPCG has always been aware of the importance of conducting business with social and environmental responsibility. It also has a determination to conduct business in tandem with sustainable conservation of energy and the environment on an ongoing basis. As a pioneer in the business of producing electricity from solar energy which is clean energy With a total of 36 solar farm projects in Thailand, with a total production capacity of more than 260 megawatts, able to reduce carbon dioxide emissions by more than 200,000 tons per year, we are confident that we will be able to be a company that can achieve carbon neutrality within the year. 2030 AD or 2030 AD, or maybe sooner than that.
And on this same day also signed a memorandum of understanding for the purchase of renewable energy production certificates (Renewable Energy Certificate: REC) with Mr. Atip Tantivorawong, Chief Executive Officer of Innopower Company Limited “INNOPOWER”, a subsidiary of the Electricity Generating Authority of Thailand ( EGAT), the leader in energy innovation To promote Thailand’s greenhouse gas emissions reduction goals. To achieve carbon neutrality by 2050 and to achieve net zero greenhouse gas emissions by 2065, it will also promote the use and Produce electricity with renewable energy that is environmentally friendly. Through the trading of renewable energy production certificates (Renewable Energy Certificate: REC)
“For this cooperation, INNOPOWER will be the representative in the management and trading of RECs over a period of 5 years. It is expected that all 36 solar power plants or Solar Farms of SPCG in Thailand will have a production capacity of 260 mega. Watt will be able to issue approximately 400,000 RECs per year, while the current REC price is nearly 50 baht per REC,” Dr. Wandee said.
Mr. Atip said that if talking about greenhouse gas emissions The energy sector is probably the first. that everyone may think of Whether it is energy use in industry, homes, or even travel. They are all part of everyday life. One of the missions of INNOPOWER is to find technology that will make our lives normal. But at the same time, greenhouse gas emissions must be reduced. Including making daily life more environmentally friendly. Environmentally friendly technology and innovation must definitely be mentioned in the matter of renewable energy. Because producing electricity from renewable energy greatly reduces greenhouse gas emissions.
INNOPOWER is therefore a part in supporting the production of electric power from clean energy through the business of trading in renewable energy certificates (I-RECs). In addition, INNOPOWER also searches for various technologies. That will make energy use more efficient. Including in the future there will be a search for various innovations. in producing electricity that is more environmentally friendly as well This reflects INNOPOWER’s commitment to focus on reducing greenhouse gas emissions. Promote sustainability in business and continue to expand the green energy business To push Thailand to achieve carbon neutrality as well.
Source: Thai News Agency