BCPG Public Company: Best Clean Energy Community Solutions Southeast Asia 2018

Seeking to forestall a doubling of electricity rates over the next ten or so years, the government of Thailand has opened the sector to competition and streamlined regulation in order to entice new players to enter the market and new trends to set the tone. As talk of renewables moves to action and new producers come online, the industry is ready for a shakeup.

Already enjoying a significant edge over the competition, BCPG Public Company enjoys optimum exposure to the growth potential of renewable energy in its many forms – solar, wind, and geothermal. The company is one of Thailand’s largest independent power producers injecting 182 MW of clean energy into the country’s national grid. Elsewhere in Asia, the company has over 190 MW of installed capacity of solar power in Japan, 20 MW of wind power in the Philippines and 182 MW of geothermal in Indonesia. It is well on its way to push its portfolio to beyond the 1 GW barrier in 2020.

The company is particularly interested in community-based initiatives that enable consumers to also become producers, slashing power bills and supporting sustainable development initiatives. To that end, BCPG invests in power producers already online and promising projects. The company leverages its knowledge and ability to source funds to help alternative energy start-ups reach maturity.

The CFI.co judging panel agrees that the future belongs to renewables and commends BCPG on its achievements as the Thai energy sector opens up and presents opportunity. BCPG has shown an ability to move quickly and decisively to occupy and hold new ground. The judges are pleased to grant BCPG Public Company the 2018 Best Clean Energy Community Solutions Southeast Asia Award.