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PRIME Signs Shareholder Agreement With IEAT To Engage In Renewable Energy And Energy Conservation Business

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PRIME signed a shareholder agreement with IEAT to engage in renewable energy and energy conservation business

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Mr Somprasong Panjalak, Chief Executive Officer of Prime Road Power Public Company Limited or PRIME and Assoc. Prof. Dr Weris Amrapal, Governor of the Industrial Estate Authority of Thailand or I-EA-T signed a joint venture project with an energy engineering company under the name “Prime Industrial Energy Company Limited” or PIE, Industrial Estate Authority of Thailand, head office.

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PIE has a goal to operate in the business of renewable energy (Renewable Energy) and energy conservation (Energy Efficiency), such as installing a solar power generation system for factories in industrial estates. Replacing and improving equipment or machinery in the factory to increase energy efficiency Including the installation of an Energy Management System (Energy Management System) in order to use energy efficiency leading to the Green Industrial Estate, where PIE will be a key driver in achieving the goals of IEAT.

The Greenhouse Gas Reduction Enterprise Plan (GHGs) aims to reduce greenhouse gas emissions for industrial estates across the country by 2.5 million kilograms of carbon dioxide equivalent (kgCO2e) within 5 years ( 2021 – B.E. 2025) or equivalent to planting forests of more than 400 rai per year. The factory is under the supervision of the Industrial Estate Authority of Thailand. There are currently more than 5,000 factories.

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PRIME has been one of the leaders in the development of solar power plant projects in Thailand for more than 10 years, with a management team and staff with knowledge and competence in renewable energy, engineering, environment and domestic and international investments. Currently, there are more than 145 MW of power plants that have developed and sold a total of electricity in Thailand, and more than 400 MW of projects are being developed in other countries such as solar farms in Japan, Cambodia National Solar Park projects in Cambodia, projects Solar irrigation canal School Solar Project Solar fish pond project in Taiwan, etc., thus making PRIME grow into a leading renewable energy company in Thailand with innovation and modern technology for a better society and sustainable environment.

In addition to the solar farm business, PRIME has also brought its expertise to expand the solar rooftop business. This helps meet the private sector’s need to save energy and use the Internet of Things (IoT) to help manage energy efficiency in buildings and factories. Which PRIME’s customers have a variety of businesses such as the Provincial Electricity Authority. department stores, factories or hospitals, etc. In the future, PRIME has a business plan to invest in more countries in Asia. To be a part of reducing the number of greenhouse gases (Greenhouse Gases), reducing climate change (Climate Change) and reducing global warming (Global Warming), creating a better environment, and passing on a green society to the next generation.

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