CKPower Expands RECs Operations to Accelerate Global Clean Energy Adoption

In 2024, CKPower further advanced its RECs initiative by exploring opportunities from its run-of-river hydropower plant, Xayaburi Power Company Limited (XPCL), located in the Lao PDR. The company has signed an agreement with Mekha V Company Limited (a subsidiary of PTT Public Company Limited) to evaluate RECs integration via the ReAcc platform. This effort aims to support multinational corporations in embedding clean energy into their supply chains. In 2024, CKPower further advanced its RECs...

In 2024, CKPower further advanced its RECs initiative by exploring opportunities from its run-of-river hydropower plant, Xayaburi Power Company Limited (XPCL), located in the Lao PDR. The company has signed an agreement with Mekha V Company Limited (a subsidiary of PTT Public Company Limited) to evaluate RECs integration via the ReAcc platform. This effort aims to support multinational corporations in embedding clean energy into their supply chains.

CKPower's renewable energy strategy also includes new solar projects totaling 13 MW, developed in partnership with Bangkok Expressway and Metro Public Company Limited (BEM).  The first of these projects is expected to begin commercial operation in early 2025. Additionally, BKC signed a Power Purchase Agreement (PPA) with the Provincial Electricity Authority (PEA) under the Feed-in Tariff (FiT) program for a 6 MW solar project, scheduled for operation by 2027.

With a clear roadmap to reach over 95% renewable energy in its portfolio by 2043, CKPower is also committed to achieving net-zero greenhouse gas emissions by 2050 through innovation, energy efficiency, and sustainability awareness across its value chain.

Mr. Thanawat concluded, "Renewable energy is the foundation of a sustainable future. Through our RECs initiatives and clean energy projects, we empower companies around the world to fulfill their sustainability commitments while fostering a resilient energy ecosystem."

"CKPower – Renewable Electricity for a Sustainable Future"

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