Building New S-Curve with "Renewable Energy - Energy Storage - Energy Trading - 
e-Mobility" and Taking Lead as Global Smart Energy Solutions Provider 


Banpu NEXT, a flagship business of Banpu PCL, the leading smart clean energy 
solution provider in the Asia Pacific, unfolds its five-year business roadmap 
under 'Greener & Smarter' strategy and drives clean energy technology to build 
new S-curve for its five core businesses: Renewable Energy, Energy Storage, 
Energy Trading, e-Mobility and Smart Energy. The company is increasing 
investment and expanding its customer portfolios across all the key business 
groups both in the domestic and overseas markets in support of BANPU's 
strategic goal to increase EBITDA contribution from clean energy and energy 
technology business to above 50% by 2025 to keep abreast with future energy 
trends in the 'never normal' era.

Mr. James Rama Patmindaraviphas, Group Senior Vice President - Energy 
Technology, Banpu NEXT Co., Ltd., said, "Banpu NEXT has made a strategic 
business plan or a 5-year roadmap (2021-2025) by implementing the 'Greener & 
Smarter' strategy and the Environmental, Social and Corporate Governance 
principles or ESG from BANPU Group to drive the organization in all dimensions 
through 3 main strategies as follows: 

1.Data driven for designing solutions by focusing on human centric, customer 
needs and pain points to analyze, develop, and create solutions that meet the 
needs of business operations. We create added value for customers' businesses, 
respond to trends in energy consumption and consumer behavior in the future 
while creating sustainability for business, society, and the environment. 
2.Moving Forward the strategic investment by studying new business 
opportunities, growing business partnerships, and supporting talented Thai 
startups to strengthen the business ecosystems and create exponential growth. 
3.Proactively drive business growth in all solutions (2025 EBITDA Growth). To 
increase its share in BANPU's EBITDA (earnings before interest, taxes, 
depreciation, and amortization), Banpu NEXT will continue to grow customer 
portfolio, boost clean energy capacities, and accelerate development of new 
products and services towards its business goal, especially in flagship 
businesses namely Renewable Energy, Energy Storage, Energy Trading, e-Mobility 
and Smart Energy. At the same time, the company will consistently expand its 
business across Asia Pacific region."

Mr. Chanit Suwanparin, Senior Vice President - Customer Experience, Banpu NEXT 
Co., Ltd., said, "Smart Energy is an important piece of the jigsaw for Banpu 
NEXT. We have therefore strategized our products and marketing to build new 
S-curve for the company with a plan to develop five Smart Energy Solutions and 
a greater variety of new services. At the same time, we have introduced 
advanced digital technologies such as AI, big data and smart cloud computing as 
the key enablers, which will equip customers with the ability to manage clean 
energy efficiently and in real time on an integrated data platform.

Smart Energy Solutions will be the growth agent for two areas of development: 
1) Smart Community and Smart City Development, with evidence of our recent 
success including 'Smart Campus' development at Rugby School Thailand in 
Chonburi, launch of the first e-Ferry for marine tourism in Thailand and 
contribution to 'Smart Safety Zone' development in Phuket; and 2) Sustainable 
Business and Industrial Development by offering End-to-End Smart Energy 
Solutions on a digital platform complete with 24/7 after-sales service, which 
is our unique selling point."

"Banpu NEXT is confident that the five-year roadmap will pave way for our 
company to rise as the leader in clean energy technology and drive robust 
growth for our business. By 2025, we aim to increase our renewable energy 
capacity across Asia Pacific, including solar and wind power, to a total of 
1,600 megawatts from our current capacity that is comprised of 824 megawatts* 
from solar and wind power plants and 249 megawatts* from solar rooftop, solar 
carport, and floating solar. Moreover, we will increase our energy trading 
volume to 1,000 gigawatt-hours, spur growth of Durapower's high-quality energy 
storage business and leverage its capability in catering our energy solutions 
to the demands of customers. In e-mobility business, we will strive for more 
well-rounded development by increasing our ride-sharing coverage to 50,000 
service points and grow our car sharing service network to 5,000 sharing 
stations, in addition to our increase in the number of charging stations and 
improvement in after-sales service. Besides, we plan to increase our smart city 
and smart community development to nine projects, from five projects at 
present*," Mr. James concluded. 

#BanpuNEXT

*Information as of second quarter of 2021.
 
SOURCE:  Banpu NEXT Co., Ltd.

Image Attachments Links:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=400202

   Caption: Banpu NEXT Unfolds Plan to Drive Clean Energy Technology in All-out 
Strategy to Build New S-Curve with “Renewable Energy - Energy Storage - Energy 
Trading -  e-Mobility” and Take Lead as Global Smart Energy Solutions Provider