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Thailand's Banpu Power plans $90m energy storage project in US

Nikkei Asia · last updated
Energy

Thailand’s Banpu Power plans $90m energy storage project in US

Utility company expects booming data centers in Texas to boost demand

Banpu Power CEO Issara Niropas briefs reporters on the company’s investment plan in Bangkok on March 11. (Photo by Apornrath Phoonphongphiphat)

APORNRATH PHOONPHONGPHIPHAT

BANGKOK — Banpu Power, the electricity generation arm of Thai coal miner Banpu, plans to invest $90 million in a battery energy storage system in the U.S. state of Texas, anticipating demand from data centers, which are expanding rapidly there.

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