IHI and Subsidiary Conclude Thai Green Utility Supply Services Feasibility Accord
IHI announces today that IHI and its Thailand local affiliate IHI ASIA PACIFIC (Thailand) Co., Ltd., have signed a memorandum of understanding with the Industrial Estate Authority of Thailand to study the feasibility of green utility supply services to help that entity’s sites automate operations and become carbon neutral. The signing ceremony was held at the Thai Embassy in Tokyo in the presence of Pimpatra Wichaikul, Thailand’s Minister of Industry.
IHI operates boilers, compressors, and other equipment at industrial estates across Thailand to supply utilities efficiently in line with plant operating conditions. It looks to commercialize services that minimize carbon dioxide emissions by optimally tapping solar and other renewable energy sources. Under this accord, IHI will conduct a one-year basic study of the operational status of facilities, renewable energy usage and prospects for producing renewable energy on-site and cutting carbon dioxide emissions and energy consumption. It will undertake demonstrations with a view to commercializing promising businesses.
The Thai government seeks to cut greenhouse gas emissions by 30% by 2030. The authority will help reach that goal by exploring green industrial machinery usage at estates while developing smart, high-value-added sites. As well as manufacturing an array of general industrial equipment, the IHI Group provides boilers and other technologies to ensure stable energy supply generation, and is working to have such facilities run on green energy. It will draw on its expertise to minimize and streamline energy usage by consolidating and leveling the operation of heat and such utilities as industrial machinery while deploying its business across the Asia-Pacific region.
About the Industrial Estate Authority of Thailand
This state enterprise is under the control of the Ministry of Industry of the Government of Thailand. It creates and organizes industrial estates and related infrastructure. The authority aims to attract aviation, logistics, medical, robotics, and digital technology players to these sites and develop smart industrial estates. It has 48 such estates in Thailand, operating 11 of them directly and jointly running 37 with developers. For more information, see: https://www.ieat.go.th/en