A Closer Look at the Power Sector of the Land of White Elephants

Representational image of Renewable energy sources like Solar, Wind and Hydro energy (Image by ismodin on Freepik)

The Thailand power market had a cumulative installed capacity of 56.8 GW in 2023 and will grow at a CAGR of more than 4 percent during 2023–2035. The industrial sector accounted for the highest share of power consumption across Thailand in 2023. Approximately 73 percent of Thailand’s electricity is generated from fossil fuels, with natural […]

Oort Energy secures GBP 5M Funding to set-up green hydrogen facility

Oort Energy, a UK-based next-generation hydrogen electrolyser developer, today announced that it has closed its oversubscribed £5M Seed raise led by Energy Revolution Ventures (ERV), an early-stage electrochemistry specialist investor. This funding augments approximately £800k in non-dilutive grants awarded to the company by various UK and EU government bodies. The major Seed round investors include […]

PowerTap’s AES-100 receives latest hydrogen production cells for electricity generation

PowerTap Hydrogen Capital Corp announced that its 49%-owned subsidiary, AES-100 Inc. (“AES-100”), a leading clean hydrogen technology company, has received two of its latest production cells. These cells are at the heart of the AES home power unit enabling the production of hydrogen and ultimately electricity at unprecedented efficiencies, while also providing resilience to common […]