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Breaking News

Thai Billionaire Vongkusolkit Family members’s Banpu Gets Risk In Australian Power Storage Space Job

By Asia Tech Times
Last updated: 06/07/2025
2 Min Read
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Bantup

Banpu has actually been purchasing renewable resource resources such as solar and wind to accomplish its web absolutely no … Even More Objectives by 2050.

Supplied by Banpu

Banpu, a Thai power firm managed by the billionaire Vongkusolkit household, will certainly get a 50% risk in a $700 million ($ 460 million) power storage space task in Australia as the Bangkok-based coal manufacturer increases financial investment in tidy power.

The Wooren Power Storage Space Job in Latrobe Valley, Victoria will certainly have 350 MW of power result and 1,400 MWh of storage space capability to be finished by the 2nd fifty percent of 2027. It will certainly have the ability to provide power for 4 hours continually for 4 hours, hence attaining 230,000 successive homes per supplementary need.

Banpu Power Australia will certainly infuse $110 million right into the task and will certainly construct the center in collaboration with Energyaustralia, which will certainly come to be the single proprietor of Wooren Electric.

” Our team believe Bess (or battery power storage space systems) will certainly play a vital duty in sustaining tidy power framework,” claimed Sinon Vongkusolkit, Chief Executive Officer of Banpu. declaration Launch on Monday. He included that its financial investment in environment-friendly power will certainly assist Banpu minimize its greenhouse gas exhausts by 20% by 2020 and reach its web absolutely no target by 2050

The firm runs in Australia, China, Indonesia, Japan, Laos, Mongolia, Vietnam and the USA along with its risk in Banpu, the Vongkusolkit household has an interest in the independently possessed Mitr Phol Team, and is likewise among the biggest sugar manufacturers in Asia, noting European-European trading teams, consisting of Resort No. 90, consisting of Asia’s biggest sugar manufacturers, and listing European-European Islands Team. The household has a total assets of US$ 1.3 billion, making it among the most affluent households in Thailand.

TAGGED:AustralianBanpuBillionairebuysEnergyFamilysprojectstakeStorageThaiVongkusolkit

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