BCPG Public Company Limited: Best Clean Energy Community Solutions South East Asia 2022
BCPG Public Company Limited (BCPG) markets itself as a “greenergy” icon. BCPG is among Asia-Pacific’s leading companies in renewable energy with solar power, hydropower and wind power businesses in Thailand, Japan, Taiwan, Laos, Vietnam and the Philippines. It aims to democratise energy for consumers, moving away from centralised management to a digitally enhanced, partner-powered model. BCPG first registered on the CFI.co radar in 2018, two years after the company’s IPO launch, for its burgeoning efforts to create communities of green-energy “pro-sumers” — households generating and trading renewable energy on a peer-to-peer platform. The Thai company pioneered the first and largest peer-to-peer energy trading project in South East Asia, the T77 Community in Bangkok, where solar panels on rooftops allow buildings to produce energy for their own consumption or for sharing. It has gone to the next level as smart lifestyle creator by developing CMU Smart City Clean Energy at Chiang Mai University, the role model of smart city equipped with innovative facilities, e.g. smart grid, energy storage systems, EV charging stations and carbon trading platform. The project has acquired regulatory approval and achieved first phase of commercialisation in November 2021.
BCPG has been in the solar game for over a decade and began diversifying the portfolio in 2017. Apart from green power plants and energy storage systems, BCPG is now developing a cross-border transmission line to transmit electricity from Laos to Vietnam and will significantly expand capacity of wind energy production through a 600MW wind energy project, ASEAN’s largest wind farm, which is expected to commence commercialisation in 2025. The CFI.co judging panel presents BCPG — a repeat programme winner — with the 2022 award for Best Clean Energy Community Solutions (South East Asia).
