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Thursday, May 2, 2024

Nestle to buy renewable energy from Egat

Bhumibol dam (photo supplied)

Nestle (Thai), a consumer goods manufacturer and marketer, plans to focus more on clean energy for its operations, working with the state-run Electricity Generating Authority of Thailand (Egat) as its trade and energy partner.

Nestle, Egat and Innopower Co, an energy innovation firm, signed an agreement to make full use of renewable power under the second phase of the ERC sandbox, overseen by the Energy Regulatory Commission (ERC).

Innopower is a subsidiary of Ratch Group Plc and Electricity Generating Plc, both subsidiaries of Egat.

Peer-to-peer power trade, energy storage system development and smart grids, and distributed power generation systems are key developments in the sandbox.

Nestle (Thai)…

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