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Tuesday, April 23, 2024

Gulf Gunkul eyes state clean energy projects

Gunkul Engineering’s wind farm in Nakhon Ratchasima’s Sikhiu district. The company expects to grow its renewable energy business through a joint venture co-invested by Gulf Engineering Development.

Gunkul Engineering Plc, a renewables developer and construction firm, is working with Gulf Energy Development Plc, Thailand’s largest power producer by market value, to expand its renewable power businesses through government clean energy projects.

The two firms jointly set up Gulf Gunkul Corporation in May last year to seek new business opportunities as the government wants to depend less on fossil fuels, part of efforts to reduce carbon dioxide emissions.

Somboon Aueatchasai, chief executive of Gunkul Engineering, said Gulf Gunkul…

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